Post by: Karthiga in Government Initiatives
IREDA Scheme for Discounting of Energy Bills The Ministry of Commerce and Industry in association with Indian Renewable Energy Development Agency Limited (IREDA) has developed the scheme for discounting of energy bills. Under this scheme, all IREDA borrowers who are…
Bill Rediscounting Scheme The Reserve Bank of India (RBI) introduced the Bills Market Scheme (BMS) in 1952, which was later rechristened as the New Bills Market Scheme (NBMS). Under this scheme, commercial banks can rediscount the bills which were initially…
