RRBs were formed under an Act to provide credit to small farmers, agricultural labourers and businesses in rural areas.
British Parliament's Petitions Committee will consider a Westminster Hall debate in the House of Commons complex on the issue of farmers protests and press freedom in India after an online petition attracted over 106,000 signatures.
The Congress Working Committee finally accepted Rahul Gandhi's resignation during its second meeting of the day.
These changes will entail a relook at the various laws governing banks in the country - the two Bank Nationalisation Acts (passed in 1970 and 1980); the State Bank of India (SBI) Act of 1955; and the Companies Act of 2013.
The salient features of the new OTT/social media policy announced by the Information Technology Minister Ravi Shankar Prasad and Information and Broadcasting Minister Prakash Javadekar on February 25, 2021.
All members of the Monetary Policy Committee (MPC) -- Shashanka Bhide, Ashima Goyal, Jayanth R Varma, Mridul K Saggar, Michael Debabrata Patra and Shaktikanta Das -- had unanimously voted to keep the policy repo rate unchanged at 4 per cent after the three-day meet of the panel earlier this month. Further, except Varma, other members voted to continue with the accommodative stance as long as necessary to revive and sustain growth on a durable basis and continue to mitigate the impact of COVID-19 on the economy, while ensuring that inflation remains within the target going forward. Varma expressed reservations on this part of the MPC resolution, according to the minutes.
The Congress may get chairmanship of the prestigious Public Accounts of Committee but still there is no guarantee whether it will get the post of Leader of the Opposition in the Lok Sabha.
A political slugfest broke out on Wednesday between the Bharatiya Janata Party and the Congress after Prime Minister Narendra Modi's cavalcade, in a major security breach, got stranded on a flyover, 30 km away from Hussainiwala in Punjab, as a group of protesting farmers blocked his route.
The panel is expected to suggest various relief measures to put economy back on track as soon as possible, the sources said.
'A firm national resolve can only deter and defeat the nefarious designs of the adversary,' notes Rup Narayan Das.
The plea, filed by Delhi-based Bejon Kumar Misra, said the Centre and RBI should be directed to ensure complete insulation and insurance of the hard-earned deposited money of people in various co-operative banks, including nationalised banks, by enacting an appropriate measure of 100 per cent insurance coverage towards the deposited amount.
'The Jalan Committee has now provided very clear guidelines on how the (RBI's) balance sheet should be looked at, what kind of disclosures should be made, what are the principles on which the Contingency Risk Buffer should be maintained, what should be the revaluation reserves, and the market risk to the Contingency Risk Buffer.'
The Central Information Commission (CIC) on Friday urged the Supreme Court-appointed Committee of Administrators running the Board of Control for Cricket in India to 'immediately initiate efforts' to look into the issues raised by historian Ramachandra Guha in his resignation letter.
The Delhi high court on Friday directed the city government to bring into effect the recommendations of a panel suggesting over 200 private unaided schools to return excess fees to parents with interest.
'The CEO will neither be able to guide the senior team in operational matters nor decide on their appointment, compensation or removal.' 'Yet, the CEO is responsible for the profit and loss of the bank!' 'Why would the senior executives listen to him?' 'Which self-respecting professional would want to be a CEO with these constraints?' asks Tamal Bandyopadhyay.
The Centre's proposal to call for governance reform in the RBI could, however, take a back seat, a source privy to the development said.
Since when have elections become rocket science that you need to hire highly-priced specialists?And even if in the age of social media every party needs to present its best face, is Prashant Kishor the only one with such expertise, especially when his record is mixed with more losses than election wins to his credit? asks Virendra Kapoor.
The framework also envisages amendments to the Prevention of Corruption Act to exempt commercial decisions by PSBs from scrutiny by investigating agencies. Both the amendments are likely in the monsoon session of Parliament.
The Committee of Administrator on Saturday sought an explanation from Board of Control for Cricket in India's CEO Rahul Johri after an anonymous account of alleged sexual harassment by him was shared on social media as part of the ongoing #metoo movement.
Addressing a press briefing, Union Health Secretary Rajesh Bhushan said healthcare workers and frontline workers need not register themselves as their database has been populated on to the Co-WIN vaccine delivery management system in a bulk manner.
As many as 104 listed companies have fewer independent directors than mandated by the regulations, according to the figures from Prime Database, reports Sachin P Mampatta.
Bankruptcy proceedings are going at a slower pace than what the bankers had envisaged and many cases have gone beyond the 270-day timeline set under the IBC mainly because of litigation.
Punjab BJP chief Ashwani Sharma said a large number of buses and other vehicles carrying BJP workers and other people were prevented from reaching the rally site.
Heading to the third year, will Urjit Patel be busy firefighting a currency crisis? Almost no governor of the RBI managed to evade it and Patel perhaps knows it.
The Prime Minister's Office not disclosing information about expenses incurred on foreign visits of the Prime Minister nothwithstanding, a Central Information Commission-constituted panel has recommended not only putting out such details proactively by all ministries but regular updating as well.
Miffed MCA asks CoA for reasons for moving ODI to CCI
An MP's is a full-time job, so is the BCCI president's. How can Anurag Thakur do justice to both, asks Sudhir Bisht.
The most serious recommendations to change the financial year came in the years preceded by deficient rainfall. The Jha committee was formed after droughts in 1979-80 and 1982-83, reports Rishika Pardikar/IndiaSpend.
The apex court said there was no occasion to doubt the decision-making process in the multi-billion dollar Rafale deal.
Leading sponsors of football's world governing body have demanded independent oversight of FIFA's reform process in an open letter published on Tuesday ahead of a key meeting to finalise proposed reforms at the scandal-plagued organisation.
'Scindia's willingness to consort with the BJP, a party he has rightly, and eloquently, excoriated in various speeches and statements in the recent past suggest a shallowness and hollowness of convictions and principles.'
Batting for larger transparency, the Central Information Commission (CIC) has urged the Committee of Administrators running the Board of Control for Cricket in India to look into the issues raised by historian Ramachandra Guha.
Instructions were issued on holding loan camps in the last week of September.
Alcohol sales have been restricted in and around Tokyo after health officials warned drinking would encourage close contact, loud speaking and mingling in bars that could help spread the virus.
A sessions court in Kerala on Wednesday awarded double life sentence in the Uthra murder case to the victim's husband for killing his wife using a cobra, saying the crime was 'definitely diabolic, cruel, heinous and dastardly' and committed with 'unparalleled wickedness.'
'Mostly, the relief, if needed, would be for housing loans where a person has lost a job and is unable to pay his EMI or there has been a temporary salary cut.'
Kamra was banned by India's largest airline for six months on Tuesday for allegedly harassing Goswami on the Mumbai-Lucknow flight. SpiceJet, GoAir and Air India also imposed a similar ban on Kamra without specifying any period.
A BJP source admitted that a census will inevitably reconfirm the numerical majority of the OBCs. 'That will overturn social equations and consign the upper castes to a twilight zone of marginalisation. The RSS won't accept it.' Radhika Ramaseshan reports.
'There are deeper, underlying, forces at work and we need institutional arrangements to guard against them.'
