Tag: Sitharaman
Loan Sanctions Jump To Rs 5.95 Crore In Just Over 2 Months: FM Sitharaman
Finance Minister Nirmala Sitharaman on Tuesday said the public sector banks (PSB) sanctioned Rs 5.95 crore in just over two months, between March 1 and May 8, to over 46.74 lakh accounts. The borrowers for the sanctioned loans include MSMEs, retailers, farmers and corporate sectors. ....
Work Offered To 2.33 Crore Workers: Sitharaman
Union Finance Minister Nirmala Sitharaman said, here on Thursday, work had been offered to 2.33 crore wagers in 1.87 lakh panchayats under the Mahatma Gandhi National Rural Employment Guarantee Act. ....
FM Talks To PSBs On Operationalising 'Atmanirbhar Bharat' Package
Union Finance Minister Nirmala Sitharaman on Friday met with heads of public sector banks (PSB) through video-conference for the operationalisation of the economic package under the 'Atmanirbhar Bharat' initiative.....
Sitharaman Chairs FSDC Meet, Reviews Macro-economy And Financial Stability
Finance Minister Nirmala Sitharaman on Thursday chaired a meeting of the Financial Stability and Development Council (FSDC) as it reviewed the global and macro-economic situation along with financial stability and the issues faced by banks. ....
SC Gives 3 Days To Finance Minister, RBI To Decide On Moratorium Period Interest
The Supreme Court on Friday asked Solicitor General Tushar Mehta to convene a meeting of the Finance Ministry and RBI officials over the weekend to decide whether interest incurred on EMIs during the moratorium period can be charged by banks. ....
Downgrading Credit Rating Amid Pandemic Limits Policy Options: Sitharaman
Union Finance Minister Nirmala Sitharaman on Saturday made a strong case for rating agencies to refrain from frequent rating downgrades during the prevailing Covid-19 pandemic, which has put economies across the globe under stress and raised the need to increase spending even at the cost of enlarging deficits.....
Sitharaman Suggests AIIB Establish Its Regional Presence
India's Finance Minister Nirmala Sitharaman on Tuesday suggested the Asian Infrastructure Investment Bank (AIIB) establish its regional presence for effective project management and implementation. ....
Centre In Talks With RBI For Loan Restructuring: Sitharaman
As the economy goes through a severe slowdown, which is likely to impact businesses further, Finance Minister Nirmala Sitharaman on Friday said that the government's focus is now on loan restructuring and talks are underway with the Reserve Bank of India (RBI) on this.....
FM Sitharaman Launches Online Dashboard For National Infrastructure Pipeline
Union Finance Minister Nirmala Sitharaman on Monday launched the National Infrastructure Pipeline's (NIP) online dashboard through video conferencing. ....
FM To Banks: Roll Out Resolution Schemes By Sep 15 For Covid-related Stress
Finance Minister Nirmala Sitharaman on Thursday directed banks to roll out resolution schemes for Covid-related stress by September 15. ....
