Jaitley favours recapitalising World Bank for SDGs
Finance Minister Arun Jaitley has emphasised the need for re-capitalising the World Bank to enable it to meet sustainable development…
12 OCT 2016
Finance Minister
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Govt to go ahead with Bhartiya Mahila Bank, SBI subsidiaries merger: Jaitely
The Centre will go ahead with the merger of associates banks and Bhartiya Mahila Bank with SBI, since the union…
21 SEP 2016
RBI Deputy Governor downplays money deposit issue
Terming the issue of banks depositing money to reduce the number of accounts with zero balances as a non criminal…
20 SEP 2016
FinMin nod to 1st round of capital infusion in PSBs likely soon
In line with its announcement earlier, the Finance Ministry is likely to soon clear the first round of capital infusion…
19 JUL 2016
Rajan to step down as RBI Governor in September
Putting an end to the suspense over whether or not he would continue as RBI Governor, Raghuram Rajan last week…
21 JUN 2016
Banks shouldn’t have majority ownership in stressed asset funds: RBI
Reserve Bank of India (RBI) governor Raghuram Rajan on Tuesday said that banks should not have majority ownership in any…
07 JUN 2016
SBI merger with associates to be cleared soon, assures Jaitely
Finance Minister Arun Jaitley said on Monday that decision on State Bank of India’s (SBI) proposal of merging five subsidiaries…
07 JUN 2016
LIC doubles stake in IDBI Bank to 14.37%
Ignoring the IDBI Bank employees’ four-day strike to protest its privatisation, the government has further reduced its stake in the…
29 MAR 2016
Interest rates lowered on saving investments
Finance Minister Arun Jaitley has announced the revised interest rates on small saving investments which will result in lower returns.…
22 MAR 2016
RBI on track towards handling bad loans, says IMF
The Reserve Bank of India (RBI) has taken right measures to deal with the state-run banks’ huge non-performing assets (NPAs)…
14 MAR 2016
