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Rural banks: Digital gambit
While the finance minister wants banks to increase rural footprint, reaching unbanked areas digitally offers a low-risk option for the banks.
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Indian economy on sustained path of revival: FM Nirmala Sitharaman
The monthly average GST collections are in the range of Rs 1.11 lakh crore and Rs 1.12 lakh crore.
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Finance minister Nirmala Sitharaman sets up framework for bad bank
The announcement was made in line with the proposal to set up the NARCL to aggregate the toxic assets that have been lying for a long time.
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Union Cabinet likely to announce proposal for National Asset Reconstruction Company
For a speedy and efficient non-performing assets' resolution, IBA has drafted a proposal for the creation of the bad bank, last year.
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For wider financial inclusion, banks should embrace digitisation: FM
During the Covid crisis, the government was able to distribute Rs 15,00 in three installments to the poor into their bank accounts.
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Nirmala Sitharaman laments lack of progress on loan guarantee scheme for medical infrastructure
She said the government is engaging with the stakeholders to ensure the economy's revival happens without any further roadblocks
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FM Nirmala Sitharaman calls FSDC meeting on September 3
This would be the first meeting of the FSDC in the current fiscal year. So far, 23 meetings have been convened.
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Family pension: A look at how many bank employees will benefit
The government also hiked the contribution of public sector banks for employee pensions under NPS to 14% from 10% earlier.
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FM Nirmala Sitharaman exhorts banks on ‘one district, one product’ agenda
Finance Minsiter Nirmala Sitharaman said banks should work with all state governments to push the one district, one product’ agenda.
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Family pension hiked for PSB employees
EASE 4.0: Debashish Panda, secretary, DoFS, said contribution for employee pensions under NPS hiked to 14% from 10% earlier
