New Delhi, Feb 17 (IANS) Indian exporters can look forward to better days ahead as trade conditions improve, Department of Financial Services (DFS) Secretary M. Nagaraju said on Tuesday. Speaking on the sidelines of the 10th edition of ‘Exim Bazar’ organised by Export-Import Bank of India here, he said that with the US tariffs reduced from 50 per cent to 18 per cent, and key trade agreements with the United States and the European Union nearing completion, the future of Indian exports, espec…
Latest Department of Financial Services News & Updates
New Delhi, Feb 15 (IANS) M Nagaraju, Secretary, Department of Financial Services (DFS), has stressed upon the need to enhance the Credit-GDP ratio — making our financial institutions more agile and exploring new ways of financing at a larger scale in line with the goals of Viksit Bharat.Speaking at a ‘Chintan Shivir’ of the DFS in Coorg, Karnataka, he stated that the ideas generated during the session will pave the way for a shared vision and plan of action for the Department and its finan…
Bengaluru, Feb 14 (IANS) A two-day Chintan Shivir of the Department of Financial Services (DFS), Ministry of Finance, was held in Coorg, Karnataka, on February 13 and 14, 2026.The primary objective of the Chintan Shivir was to encourage fresh perspectives and generate creative ideas towards achieving the goal of Viksit Bharat by 2047, and to define the role of financial institutions in supporting this vision.Experts from public policy and practitioners from various fields of finance presented th…
New Delhi, Feb 9 (IANS) Union Home Minister Amit Shah will deliver the keynote address at the National Conference on Tackling Cyber-Enabled Frauds and Dismantling the Ecosystem in New Delhi on February 10. The two-day event organised by the Central Bureau of Investigation in partnership with the Indian Cyber Crime Coordination Centre under the Ministry of Home Affairs will take place at Bharat Mandapam from February 10 to 11. During the inaugural session, Home Minister Amit Shah will c…
New Delhi, Feb 3 (IANS) Senior government officials on Tuesday welcomed the India-US trade deal, saying it has reduced uncertainty in the global economic environment and brought relief to Indian industry.Speaking at FICCI’s conference on Union Budget 2026–27, Secretary of the Department of Economic Affairs Anuradha Thakur said a ‘great deal of uncertainty’ was removed after the trade agreement was announced between India and the United States.“Despite growing geopolitical challenges ac…
Mumbai, Jan 31 (IANS) India’s largest state-owned lender, State Bank of India, on Saturday announced the launch of CHAKRA — a Centre of Excellence for financing sunrise sectors critical to India’s economic transformation.It will serve as a knowledge‑led platform to enable financing for next‑generation, technology‑driven and sustainability‑focused sectors.The centre will focus on eight sunrise sectors including renewable energy, advanced cell chemistry and battery storage, electric mob…
New Delhi, Jan 31 (IANS) The total business of 28 Regional Rural Banks (RRBs) has crossed Rs 12 lakh crore in the first half this fiscal (FY26), according to the government.Currently, 28 RRBs are operating through 22,158 branches across 26 states and three Union Territories, covering about 730 districts.“Total business of all 28 RRBs has crossed Rs. 12 lakh crore, surpassing business level of few individual PSBs in the 1st half of Financial Year 2025-26,” according to Finance Ministry.These …
New Delhi, Jan 24 (IANS) Major bank employee and officer unions in India have announced a nationwide strike on January 27 to press for the introduction of a five-day work week in the banking sector. The strike will begin at midnight on January 26 and continue until midnight on January 27, potentially affecting banking services across the country, according to NDTV Profit report.The strike notice has been issued by the United Forum of Bank Unions (UFBU), a joint platform representing nine bank un…
New Delhi, Jan 24 (IANS) Prime Minister Narendra Modi distributed more than 61,000 appointment letters to the newly appointed youth in various government departments and organisations at the 18th Rozgar Mela on Saturday.The newly recruited candidates, selected from all parts of India, will be joining various Central ministries and departments, including the Ministry of Home Affairs, the Ministry of Health and Family Welfare, the Department of Financial Services, and the Department of Higher Educ…
New Delhi, Jan 23 (IANS) Prime Minister Narendra Modi will distribute more than 61,000 appointment letters to the newly appointed youth in various government departments and organisations at the 18th Rozgar Mela on Saturday, according to a statement issued by his office on Friday.The Prime Minister will address, via video conferencing, the 18th Rozgar Mela, to be held at 45 locations across the country. The newly recruited candidates, selected from all parts of India, will be joining various Cen…