Author: Aahna Srivastava

Union Finance Minister, Nirmala Sitharaman will introduce the NPS-Vatsalya scheme on 18th September 2024, in Delhi, as per the source. Union Finance Minister Nirmala Sitharaman is all set to unveil the NPS-Vatsalya scheme on September 18th, 2024, in Delhi, India. It is noted that the event will be attended by Deepak Mohanty, the Chairperson of the Pension Fund Regulatory and Development Authority (PFRDA), Pankaj Choudhary, Minister of State (MOS) for Finance, along with some senior finance ministry officials and Nagaraju Maddirala, the Secretary in the Department of Financial Services. As per the source, FM Nirmala Sitharaman will also launch the…

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For the next 4-5 years, The Reserve Bank of India (RBI) has planned to thoroughly revamp its currency management infrastructure to ensure an adequate storage and steward capacity to cater to the future cash needs of the growing economy. According to the recent RBI document – the creation of greenfield currency management centres, the introduction of warehouse automation, the installation of security and surveillance systems, an inventory management system, and a centralised command centre are being broached to improve the existing infrastructure. According to the expression of interest (EOI) published by the Reserve Bank of India (RBI) for procurement of…

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