Department of Financial Services

DEPARTMENT OF FINANCIAL SERVICES NEWS

Finance Ministry announces overhaul in IBPS recruitment for SBI, nationalised banks, RRBs: What's changed

December 13, 2025 5:10 pm

The announcement is part of a wider set of changes introduced by the Department of Financial Services (DFS) to streamline recruitment processes across State Bank of India (SBI), nationalised banks and Regional Rural Banks (RRBs).

Raising insurance cover for depositors above Rs 5 lakh under active consideration: Financial Services Secretary M Nagaraju

February 17, 2025 9:56 pm

The insurance cover to depositors is provided by the Deposit Insurance and Credit Guarantee Corporation (DICGC), a subsidiary of the RBI.

Finance Ministry asks states to ensure safety of bankers, take stern action against unruly

July 09, 2020 12:37 pm

The Department of Financial Services, in a letter to chief secretary of states, said that incidences of unruly behaviour of anti-social elements against the bankers needs to be responded with stern action taken against such elements, sources said.

Govt makes no headway in salvaging stalled projects

March 23, 2015 1:07 am

Latest figures by the Ministry of Finance in March 2015 indicate that 299 mega projects involving an outlay of Rs 18.13 lakh crore still remain stalled with PMG.

Govt plans to catch chit funds under Rs 100 cr that escape Sebi net

October 15, 2014 3:56 am

A recent amendment in Sebi Act gives the market regulator powers to monitor all money-pooling schemes involving Rs 100 crore or more.

Aadhaar-enabled bank branches by next month

September 01, 2014 1:13 am

‘To serve as KYC for opening accounts’

UBI auditors shed no light on dipping asset quality

February 22, 2014 12:59 am

Essentially the agency is saying the problem did not emerge in the short run.

PFRDA chief Yogesh Agarwal quits

November 14, 2013 1:37 am

Documentation woes: 5 mega steel projects fail to make it to CCI list

September 19, 2013 3:08 am

A crucial meeting of the Cabinet Committee on Investment (CCI) that was to deliberate on stranded projects was forced to jettison,at the very last minute

Have proof of graft in debt waiver scheme: Anna

April 16, 2014 6:13 pm

Social activist Anna Hazare has claimed to have sufficient proofs of “irregularities” committed in the Centre’s loan waiver scheme for farmers that were brought out by the Comptroller and Auditor General (CAG) of India in a recent report.

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