PSU banks must prioritise different sectors to avoid concentration riskPublic sector banks are urged to focus on champion sectors like electric mobility and advanced batteries to support national priorities. Th...
31 Jan, 2026, 07.02 PM IST
Latest UPI rules: Payments via smart glasses, UID-based face authentication, ATM withdrawals using UPI and moreThe Reserve Bank of India and Department of Financial Services launched several digital payment innovations at the Global Fintech Fest 2025...
08 Oct, 2025, 10.24 AM IST
SIDBI launches Development of Industry Associations to strengthen MSMEsSIDBI's initiative, inaugurated by M Nagaraju, Secretary DFS, Ministry of Finance, emphasizes strengthening industry associations through i...
25 Sep, 2025, 11.53 AM IST
Finmin launches campaign for saturation of financial inclusion scheme at panchayat, urban local body levelThe finance ministry initiated a nationwide campaign on Tuesday to saturate Financial Inclusion (FI) schemes across all gram panchayats (GP...
01 Jul, 2025, 09.17 PM IST
Muthoot Finance shares surge 6% as FinMin bats for exemption of sub-Rs 2 lakh gold loans from RBI rulesThe Finance Ministry recommended exempting sub-Rs 2 lakh gold loans from the RBI’s draft rules. The move aims to protect small borrowers an...
30 May, 2025, 11.32 AM IST
Banks to use AI & machine learning to safeguard customers from financial fraudsIn a significant move to address the growing menace of digital financial frauds, the Department of Financial Services (DFS) has directed ba...
08 Dec, 2024, 07.07 AM IST
Family feud: Kirloskar Brothers Ltd withdraws 2022 Supreme Court appeal against Kirloskar Oil Engines LtdKirloskar Brothers Ltd (KBL) withdrew its Supreme Court appeal concerning Kirloskar Oil Engines Ltd's (KOEL) non-disclosure of a 2009 famil...
06 Aug, 2024, 08.56 PM IST
Delhi ITO Fire: Fire breaks out at Income Tax office in Delhi, 21 fire tenders on spotDelhi ITO Fire News: A fire has broken out at the Income Tax CR Building, which is opposite the Delhi Police headquarters. Authorities have...
14 May, 2024, 04.08 PM IST
Feuding Kirloskars will have to disclose Deed of Family Settlement, Sebi tells Supreme CourtSEBI informed the Supreme Court that Kirloskar Oil and Engines (KOEL) and Kirloskar Brothers (KBL) must disclose their 2009 Deed of Family ...
23 Apr, 2024, 05.46 PM IST
Nirmala Sitharaman meets private banks, NBFCs to ensure smooth roll out of ECLGSThe meeting also included secretary of financial services, Debasish Panda and representatives of Small Industries Development Bank of India...
15 Jun, 2020, 06.26 PM IST
Ministries will have to seek Department of Financial Services nod to meet top PSU bank bossesFinance ministry has finally come to the rescue of public sector banks constantly under pressure from politicians and bureaucrats seeking s...
20 Jul, 2015, 04.01 AM IST
Khan Market fire safety: High Court seeks reply of licensing and fire authoritiesNDMC, represented by Anil Grover, refuted the contentions saying any redevelopment has to be carried out by the association at its own cost.
16 Jul, 2015, 09.04 PM IST
Atul Khare named UN Under Secretary-General for Field SupportKhare has been appointed as the head of DFS, which provides dedicated support to peacekeeping field missions and political field missions a...
08 Jan, 2015, 02.44 AM IST
- Govt inspecting 87 chit-funds, multi-level marketing cos: MCA
As many as 87 companies have come under the scanner for alleged irregularities related to chit fund schemes and money circulation in the ga...
27 Aug, 2012, 03.48 PM IST
- Row over Customs nod for Mumbai duty-free outlets
Controversy has become the jinx of duty-free business at the Mumbai airport.
22 Mar, 2008, 04.25 AM IST
- DFS' licence for duty-free shop under govt scanner
The finance ministry is looking into a compliant that Sinagpore-based DFS has been provided licence by the customs authorities without nece...
21 Mar, 2008, 03.05 AM IST
- Mumbai airport project delays haunt GVK
The government has expressed serious concern over loss of revenue due to delay in launching duty-free outlets at the Mumbai airport.
07 Mar, 2008, 02.15 AM IST