PNB Scam: RBI Stops Letters of Undertaking For Overseas Credit The Reserve Bank of India has discontinued letters of undertaking (LoUs) or guarantees for overseas credit after the Rs. 12,600 crore Punjab National Bank (PNB) fraud was unearthed last month.
Sukhad Yatra App for Highway Users Launched | All You need to Know: Ministry of Road Transport and Highways headed by Nitin Gadkari has launched a new mobile app called ‘Sukhad Yatra’ which is aimed to empower frequent highway users.
PNB Fraud Explained | PNB 11, 300 Crore Fraud Explained | 10 things you need to know Nirav Modi, and the firms he controls, allegedly leveraged the loopholes in the banking system by seeking letters of undertaking (LoU) and raising
Maldivian President Abdulla Yameen declared a 15-day state of Emergency in Maldives on Monday following a deepening political crisis where the President refused to comply with a Supreme Court order to release political prisoners. This Emergency gives sweeping powers to security forces to arrest
World’s Largest Health Care Scheme | Ayushman Bharat Scheme | All you need to know National health protection Scheme to provide Hospitalisation cover to over 10 Crore poor and vulnerable families. The Government today announced two major initiatives in health
The Reserve Bank of India (RBI) will shortly issue new banknotes of Rs. 10 denomination, the central bank said on Friday. The new Rs. 10 notes will be in the Mahatma Gandhi (New) Series, and will bear the signature of
An Important Article for Descriptive Paper | What is NARI Online Portal | All you need to Know In a path breaking initiative to empower women, the Minister of Women & Child Development, Smt Maneka Sanjay Gandhi inaugurated an online portal
DARPAN- Digital Advancement of Rural Post Office for A New India | All You Need to Know 1. For more than 150 years, the Department of Posts (DoP) has been the backbone of the country’s communication and has played a
What is UIDAI Airtel Case | Bharti Airtel deposits Rs 2.5 Crore with UIDAI (An Important Article for Descriptive Paper) In its strongest action yet, the UIDAI has temporarily barred Bharti Airtel and Airtel Payments Bank from conducting Aadhaar-based SIM
Indian Tourism Sector – Current Status, Opportunities and Challenges In October 2017, the Union Ministry of Tourism in collaboration with other central ministries, state governments and stakeholders successfully organized ”Paryatan Parv” across the country. The 21 day program was organized