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Direct cash transfer scheme not a magic wand: Ramesh

The direct cash transfer scheme is not a "jaadu ki chhadi" (magic wand) to reform a "broken down" delivery system and problems are there in its implementation, Union Minister Jairam Ramesh said on......

Cash transfer scheme rollout in 20 districts from Jan 1

The government will roll out its ambitious scheme of transferring cash to beneficiaries of select schemes in 20 districts on Tuesday, but food, fertiliser and fuel subsidies will not be covered in......

Aadhar card trouble for cash transfer scheme

As the government races to launch its flagship direct cash transfer programme from January 1, the low concentration of Aadhaar card database in the identified 43 districts is a cause of major......

West Bengal opposes direct cash transfer scehme

After Odisha and Tripura, West Bengal has now opposed the Centre's direct cash transfer to bank accounts of beneficiaries, claiming it would lead to a breakdown of the existing public distribution......

UPA's cash transfer scheme: Sonia's explanation

Congress president Sonia Gandhi on Saturday strongly backed the Centre's new Direct Benefit Transfer system that will ensure cash transfer directly in the hands of beneficiaries of various schemes,......

India to roll out cash transfer of food subsidies from Sept

India plans to phase in cash transfers of food and kerosene subsidies from September, saving 10-15 per cent of the $21 billion in annual outlays on the benefits by eliminating fraud, a senior......

Govt looks to save Rs 10,000 cr in cooking gas subsidies

The world’s largest cash transfer programme has eliminated around 40 million ghost connections The Narendra Modi-led central government is set to save a little over Rs 10,000 crore (Rs 100......

Rs 7,024 cr transferred under LPG cash subsidy scheme

Government on Friday said that it has transferred Rs 7,024 crore (Rs 70.24 billion) as cash subsidies to LPG consumers since mid-November 2014 under the PAHAL scheme. "As of March 4, 2015, 81.5 per......

Banks seek fee for cooking gas subsidy

The government launched a modified cash transfer scheme for 23.3 million households in 54 districts of 11 states on November 15 to curb diversion of subsidised cooking gas. Bank accounts linked to......

Govt to relaunch Aadhaar-linked LPG scheme

New schemes allows consumers without Aadhaar to receive cash directly in their bank accounts The government is to launch the modified version of the Direct Benefit Transfer scheme (DBT) for......
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77 million women added to banking system in 1 year

As many as 358 million Indian women (61%) have bank accounts, up from 281 million (48%) in 2014, the biggest jump for "banked" women among eight... ...

http://www.sify.com/finance/77-million-women-added-to-banking-system-in-1-year-news-bank-qitlMQhijiidj.html
SBI board clears merger of 5 associate banks, BMB with itself

In a bid to create global size bank, the board of State Bank of India today approved scheme of merger of five associate lenders and Bharatiya... ...

http://www.deccanherald.com/content/565372/sbi-board-clears-merger-5.html
China Auto Logistics Reports Second Quarter and Six Month 2016 Financial Results

Discontinued Zhonghe Operations Sold in the Quarter Generated Significant Gains While Results From Continuing Operations in the Second Quarter Were... ...

http://in.sys-con.com/node/3893893
Mutual fund schemes trim allocations to small and mid-cap stocks

For every Rs. Mumbai: In yet another indication of exorbitant valuations of small- and mid-cap stocks, mutual fund schemes dedicated to such stocks... ...

http://www.livemint.com/Money/bpyKzoikhsIABvcI2WrHiK/Mutual-fund-schemes-trim-allocations-to-small-and-midcap.html
Advances in loan market

Dreaming of having a lavish wedding or going in for that hair implant? Or buying all that gleaming gold and silver jewellery? The good news is that... ...

http://www.thehindubusinessline.com/portfolio/advances-in-loan-market/article8988729.ece?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication

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