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NEWS FLASH
NEWS FLASH
Government mulling to give land parcels of state-run Abhyudaya Bank registers with IRDAI as corporate
ports to private players "on lease" insurance agent for life and non-life
8.7% interest on PF Deposits approved for 5 crore Canara Bank improves monitoring for Business
subscribers of EPFO Growth
Russia's gold reserves rose to 47 million troy ounce Allahabad Bank opens 100th branch at Danapur, Bihar
compares to 46.5 million in April IDBI Bank launched "Stand Up India Scheme" to
Forex reserves rise by $333 million, reaches a life time facilitate eligible borrowers to avail loans
high of USD 360.2 billion National Insurance Company wins Dalal Street
Non- Deposit of TDS on property may attract fine of Investment Journal Award
up to Rs 1 lakh Central bank reduces MCLR for 1year period by 10
Out of 165 million customers, 11.3 million LPG users basis points
give up subsidy Punjab & Sind Bank wins award for Excellence for
Poor people are honest; Rich people evade repaying outstanding performance in MSME
loans: Modi SBI launches 'mVisa' - a mobile-based payments
Aviation Policy may abolish '5/20' rule which restricts solution
from flying abroad unless flown in India Andhra Bank Receives Best PR Manager Award for
SC questions BCCI fund allocation to state bodies in the year 2015-16 from PRSI
the last 5 years Canara Bank donated Rs 21 lakhs to Rangadore
Vijaya Bank Opens 1864th branch at Rajouri Garden, Hospital for a new wing
Delhi BOI signs MOU with Saera Electric Auto for a Swatch
NIC bags ASSOCHAM Iconic Brand (Insurance sector) Bharat and pollution free India
Award 2016 Corporation Bank was awarded "Excellence Award
Indian Bank, BOB, OBC celebrates Ambedkar Jayanti on Empowering MSMEs 2016"
SBH donates Rs 1 cr to Maharashtra State Chief SBBJ net profit increases by 9.49 percent to Rs 850.60
Minister's relief fund crs
Housing regulator to be operational within two months
The Housing Regulatory Authority (HRA) will be brought into effect within the next two months, state housing minis-
ter Prakash Mehta has said. The announcement has followed a recent report, which stated that the state govern-
ment seemed to be succumbing to the pressure of developers' lobby on the HRA issue. Insisting that they were com-
mitted to resolve the housing sector's issues, Mehta said, "We had appointed a committee under former state secre-
tary Gautam Chatterjee. That panel prepared the rules and guidelines for the functioning of the HRA. The process is
on and the HRA will be operational soon."
He further said that under the Centre-approved Real Estate (Regulation and Development) Bill-2013, there was a
provision to form an ad-hoc authority, but they avoided doing so. "We deliberately avoided forming an ad-hoc HRA.
Now there will be a permanent body to regulate the sector and resolve the buyers' issues". He added that once the
process is over, developers can register with the authority, which will track the projects' development and buyers will
be able to see all details in black and white.
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