India, July 1 -- The Government of India has issued a release: The Prime Minister, Shri Narendra Modi, today marked 11 years of the Digital India initiative, highlighting its transformative impact on governance, public service delivery and citizens' lives. Shri Modi said that Digital India has redefined governance by making it more transparent, efficient and citizen-centric while accelerating all-round development across the country. He noted that the initiative has touched every aspect of lif...
India, July 1 -- The Government of India has issued a release: The Prime Minister, Shri Narendra Modi, shared a Sanskrit Subhashitam: "विज्ञानसारथिर्यस्तु मनःप्रग्रहवान्नरः। सोऽध्वनः पारमाप&#...
India, July 1 -- The Government of India has issued a release: The Prime Minister, Shri Narendra Modi, today extended his greetings to doctors across the country on the occasion of National Doctors' Day, expressing gratitude for their unwavering service, compassion and commitment towards the nation. Shri Modi said that the hard work, compassion and dedication of doctors form the backbone of India's healthcare system. He noted that their tireless efforts, often in the most challenging circumsta...
India, July 1 -- The Government of India has issued a release: The Prime Minister, Shri Narendra Modi, today extended his greetings to the Chartered Accountant fraternity on the occasion of Chartered Accountants' Day. Shri Modi said that Chartered Accountants have long been trusted partners in India's economic journey. He noted that through their commitment to transparency and professional excellence, they have strengthened the country's financial systems, supported businesses, encouraged entre...
India, July 1 -- The Government of India has issued a release: The Vice-President of India, Shri C. P. Radhakrishnan, today said that Chartered Accountants are the "Ambassadors of Trust" and occupy a place of special importance in India's journey towards becoming a developed nation. Addressing the 78th Chartered Accountants Day and Foundation Day celebrations of the Institute of Chartered Accountants of India (ICAI) at Vigyan Bhawan, New Delhi, he said that the profession stands at the centre o...
MUMBAI, India, July 2 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBl) has, by an order dated June 30, 2026, imposed a monetary penalty of ₹1 lakh (Rupees One Lakh only) on Nirmal Urban Co-operative Bank Ltd., Nagpur, Maharashtra (the bank) for non-compliance with certain directions issued by RBI on 'Limits on exposure to single and group borrowers/parties and large exposures and Revision in the target for priority sector lending - UCBs' and ope...
MUMBAI, India, July 2 -- Reserve Bank of India issued the following press release: The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to Ramgarhia Co-operative Bank Limited, New Delhi vide Directive No. DEL.DOS.EXG_SSM.No.S515/12-10-013/2022-2023 dated July 07, 2022 for a period of 06 months from close of business on July 08, 2022 up to close of business on January 08, 2023, which was last extended vide Directive No. DOR.MON.D-...
MUMBAI, India, July 2 -- Reserve Bank of India issued the following press release: The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to Innovative Co-operative Urban Bank Limited, New Delhi vide Directive No. DEL.DOS.EXG_SSM.No.S143/12-10-005/2025-2026 dated July 03, 2025 for a period of 06 months from close of business on July 04, 2025 up to close of business on January 04, 2026, which was last extended vide Directive No. DOR...
MUMBAI, India, July 2 -- Reserve Bank of India issued the following press release: The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to The Baghat Urban Co-operative Bank Limited, Solan vide Directive SML.DCBS.CRRB.No.S79/02-31-005/2025-2026 dated October 06, 2025, for a period of 06 months from close of business on October 08, 2025 up to close of business on April 08, 2026, which was last extended vide Directive No. DOR.MON.D...
MUMBAI, India, July 2 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated June 30, 2026, imposed a monetary penalty of ₹1.05 lakh (Rupees One Lakh Five Thousand only) on The N.E. & E.C. Railway Employees' Multi-State Primary Co-operative Bank Ltd, Gorakhpur (the bank) for contravention of the provisions of Section 26A read with Section 56 of the Banking Regulation Act, 1949 (BR Act) and non-compliance with certain directions ...