Banking And Financial Awareness: March (1 to 5)

The amount of financing Agreement has been signed between India and World Bank for the project TEJASWINI was USD 63 million. Tejaswini is a socio-economic empowerment of Adolescent girls and young women.
International Monetary Fund has reached an agreement with Ukraine to provide fresh disbursement of USD 1 Billion in the first half of the march 2017.

Reliance General Insurance and Catholic Syrian Bank tied up for bancassurance project.
HDFC Bank and ET Money jointly launches DATA LED group term Insurance plan.

Estimation of Madhya Pradesh Budget for the year 2017-2018 was 1,85,564.27 crores.
For Dheendhay Rasoi yojna, Madhya Pradesh Government has allotted 10 crores.

The amount of INR 756 crores was allotted for the treatment of cataract patients over next five years by the Union Health Minister J.P. Nadda.
Kerala had made maximum registration under GST.
GST council has agreed to provide a composition scheme for small business. Now the small business with turnover up to Rs. 50 lakh will have to pay a tax of 5 percent.
Estimation of rupees 2,285 crores have been allotted for Shahpur Kandi Dam project (joint project of Punjab and Haryana.)
The government of India has directed all the banks to make available the mobile banking facility for all the customers by March 31, 2017.

Minimum charge of Rs. 150 per transaction will be charged by Axis Bank, ICICI bank and HDFC bank after 4 free transactions.
State Bank of India have revised various service charges on transaction and deposits as well as maintaining monthly average balance. It is applicable from April 1, 2017.
Cash deposit can be made only 3 times per month and beyond that an amount of RS. 50 will charged for per transaction.
ATM transaction beyond free transaction will be charged RS. 20 per transaction.
RBI tells that the bank refuse to exchange soiled or multilateral notes from people will have to pay a penalty of rupees 10,000.