New Urea Policy – 2015

New Urea Policy - 2015 The Department of Fertilizers has released a notification 'New Urea Policy - 2015', on 25th of May, 2015 that is implemented from June 1st, 2015. The proposed notification works with the following objectives: To maximise…

Bill Rediscounting Scheme

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…