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RBI may extend Sept 30 deadline for exchanging Rs 2000 currency notes, ID and form not needed to exchange

RBI may extend Sept 30 deadline for exchanging Rs 2000 currency notes, ID and form not needed to exchange

by AIP Online Bureau | May 22, 2023 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation

On why there was a deadline for exchanging these notes when they are going to continue as legal tender, Shaktikant Das, governor, RBI said that unless a particular time is stipulated, the process won’t reach finality as people won’t take it seriously....
India has worked on availability, accessibility and affordability of healthcare: PM Modi

India has worked on availability, accessibility and affordability of healthcare: PM Modi

by AIP Online Bureau | May 21, 2023 | Eco/Invest/Demography, Health, Indian News

Narendra Modi,Prime Minister Be it the world’s biggest health insurance scheme – Ayushman Bharat, or the massive ramping up of health infrastructure, or the drive to provide sanitation and drinking water to millions of families, many of India’s efforts are aimed at...

HDFC Pension Management company crosses Rs 50,000 crore assets

by AIP Online Bureau | May 21, 2023 | Indian News, Pension & Social Security

“The superior returns, attractive tax benefits, and low charges make for a strong customer proposition for investing in our pension products. With our AUM crossing the threshold of Rs. 50,000 cr., the effective Fund Management Charges for our subscribers will...
Public sector banks’ total profit crosses Rs 1 lakh crore-mark in FY23

Public sector banks’ total profit crosses Rs 1 lakh crore-mark in FY23

by AIP Online Bureau | May 21, 2023 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy

From posting a total net loss of Rs 85,390 crore in 2017-18, the Public Sector Banks (PSBs) have come a long way as their profit touched Rs 1,04,649 crore in 2022-23, according to an analysis of their financial results NEW DELHI: Public sector banks’ cumulative...

EPFO adds 13.4 lakh members in March, 1.39 cr in 2022-23

by AIP Online Bureau | May 21, 2023 | Data, Eco/Invest/Demography, Pension & Social Security, Workplace/Employee Benefits

Among the newly joined members, the highest enrolment is registered in the age group of 18-21 years with 2.35 lakh members, followed by the age group of 22-25 years with 1.94 lakh members.The age-groups of 18-25 years constitute 56.60 per cent of total new members...
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