Ministry of Defence – THE OPEN VIEW

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Ministry of Defence signs MoU with Bank of Baroda and HDFC Bank to expand the reach of SPARSH initiative

By Parveen Kumar on September 21, 2022 • ( Leave a comment )

SEP 21, 2022 The Defence Accounts Department signed a Memorandum of Understanding (MoU) today with Bank of Baroda and HDFC Bank, to onboard them as Service Centres under the System for Pension Administration (Raksha) (SPARSH) initiative, across more than 14,000 branches throughout India. The MoU was signed in the presence […]

Significant rise in value and number of cases processed by Defence Services following delegation of enhanced financial powers

By Parveen Kumar on August 23, 2019 • ( Leave a comment )

open view news desk The delegation of enhanced financial powers by the Ministry of Defence (MoD) to the Services has led to a significant increase in both value and number of cases processed at the Service HQ, command and lower formation levels across the three Services. From the […]