What is Selective Credit Control?

Selective credit control means control over bank finance against the security of sensitive commodities. In exercise of powers conferred by Section 21 & 35A of the Banking Regulation Act, 1949, the Reserve Bank of India issues directives to commercial banks from time to time, stipulating specific restrictions on bank advances against specified sensitive commodities. The…

2017 Holidays list for Central Government offices & Post Offices

The public holidays for the Central Government offices are divided into two parts. The administrative offices of Central Government situated outside Delhi and New Delhi observes 14 public holidays enumerated in Chart ‘A’. Besides 14 days compulsory public holidays listed in chart A, Delhi and New Delhi offices observe additional 3 compulsory public holidays enumerated…