Urban area

RBI Instruction to UCBs on the change of bank rates

RBI/2012-13/451 UBD.BPD.(PCB).Cir.No. 44/16.11.00/2012-13 March 19, 2013 The Chief Executive Officer All Primary (Urban) Co-operative Banks Madam/Dear Sir, Bank Rate Please refer to our circular UBD.BPD.(PCB).Cir.No.35/16.11.00/2011-12 dated January 30, 2013 on the captioned subject. As announced in the Mid-Quarter Review of Monetary Policy 2012-13, the Bank Rate stands adjusted by 25 basis points from 8.75 per cent to… Read More

Tags: BankBank RateBasis pointMarch 19 2013Monetary policyPercentageReserve Bank of IndiaUrban area

Expenditure Finance Committee extends coverage of Rajiv AwasYojana

New Cities Under Rajiv Awas Yojana : The Expenditure Finance Committee (EFC) note for phase II of Rajiv AwasYojana is under inter-ministerial consultation wherein it is proposed to extend the coverage of Rajiv Awas Yojana to all towns and cities as against 250 class I towns stipulated earlier. Cities having population more than 5 lakhs, would… Read More

Tags: Ajay MakenCabinet of IndiaExpenditure Finance CommitteeIndiaRajivRajiv Awas YojanaRajya SabhaShrimati Smriti Zubin IraniStateUrban area

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