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January 31, 2021
The Economic Survey 2017 had proposed this idea, suggesting the creation of a bad bank called Public Sector Asset Rehabilitation Agency (PARA) to help tide over the problem of stressed assets

Srinath Sridharan
December 23, 2020
Bad banks as a concept works efficiently when the domestic debt market is deep and the number of market participants is wide enough to allow sufficient price-discovery and market-making

November 28, 2020
The petition, filed by advocate Prashant Bhushan for NGO Common Cause, also sought a direction to the central government to appoint a director for the agency 'in a transparent manner and strictly in accordance with the law'

November 25, 2020
The new Parliament building, which is triangular in its design, will come up at plot number 118 of the Parliament House estate

November 24, 2020
The probity watchdog expressed deep concerns over prolonged delay in filing of such details by the government officials and set the November 30 deadline for 100 per cent compliance

September 24, 2020
The U.S. Department of Justice said on Wednesday the settlement resolves allegations that Gilead improperly used the Caring Voice Coalition as a conduit to cover thousands of patients' co-payment obligations

Anand Adhikari
August 6, 2020
The RBI has stated that the benefit of restructuring will be available to corporates classified as standard accounts and not in default for more than 30 days with any lending institutions as on March 1, 2020

July 25, 2020
Recalling that he as Finance Minister in the Narasimha Rao cabinet had dedicated his first budget to the memory of Rajiv Gandhi, Dr Singh said the 1991 budget changed India in many ways as it ushered in economic reforms and liberalisation

July 24, 2020
Urjit Patel also says that the government is responsible for ensuring adequate capital for banks that are under its ambit on a durable or sustainable basis

June 24, 2020
Ambani has kept salary, perquisites, allowances and commission together at Rs 15 crore since 2008-09, forgoing over Rs 24 crore per annum

May 24, 2020
Sitharaman said clear instructions have been given in a meeting with CEOs and MDs of public sector banks and financial institutions on Friday that the banks should not be scared to extend loans as 100 per cent guarantee is being given by govt

May 23, 2020
FM said the package was designed for all sectors of the economy and sectors such as automobile, retail, entertainment, among others were not left out. \"Have not excluded anyone. People in any sector can approach banks and get loans,\" she added

Hari Hara Mishra
April 27, 2020
A cluster-based approach to lending is likely to be the best strategy for optimal results in the shortest possible time to accelerate credit flow to the MSME sector

April 10, 2020
Moreover, he said, when advance accounts get classified as NPAs, banks get adversely impacted financially, which would ultimately result in the government infusing additional Capital

Kolkata, February 9, 2020
Referring to issues relating to GST, the finance minister said it is not the Centre to initiate steps for reduction of rates, the state ministers should also represent cases

February 8, 2020
The records on sale include exposed card numbers, expiration dates, CVV/CVC codes, and even additional information such as cardholders' full name, as well as their emails, phone numbers and addresses

New Delhi, January 28, 2020
The government has also modified its 2015 framework on large value frauds so that managing directors and chief executive officers of public sector banks are no longer personally responsible for compliance with various prescribed timelines

New Delhi, December 29, 2019
Banks have gone through a slightly worrying period wherein decision making was getting difficult because of fear of 3Cs. There was concern and bona fide decisions are not being made by banks because of what they would say undue harassment, says Nirmala Sitharaman

December 28, 2019
Sitharaman said in the past there had been worries and concerns among bankers about investigating agencies, which impacted bonafide decisions

New Delhi, December 10, 2019
Dhamra LNG terminal is a five million tonne per annum (Mtpa) LNG import and regasification facility at Dhamra Port, in the Bhadrak district of Odisha, India

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