The world is moving towards universal health coverage programs & 2018 saw early signs of India's own.
The list of beneficiary will be announced soon and the capital infusion in the banks will take place in tranches as it happened last fiscal
Arun Jaitley said the government was making all efforts to ensure that the health of the banking sector improves and the banks are repaid
Each bank strike causes disruptions to the general public even though the effectiveness of bank strikes, over the years, have weakened
Out of the Rs 22,915 crore, State Bank of India (SBI) received Rs 7,575 crore followed by Indian Overseas Bank (Rs 3,101 crore) and Punjab National Bank (Rs 2,816 crore)
Sinha's shifting, however, is intriguing. There is a speculation, not entirely idle, that the Hazaribagh MP was made to pay for his father's outspokenness.
The Finance Ministry has finalised plan for the first round of capital infusion for public sector banks and funds would be granted to some of the lenders within next few weeks.
According to recently released data, the government spent Rs 350 crore in publicising its flagship schemes in 2015-16.
he government is considering to increase the foreign investment limit in public sector banks to 49 per cent from 20 per cent with a view to attract overseas inflows.
Investor exit has wiped out aggregate market-cap of Rs 136,661 crore from a total of 23 listed PSU banking stocks in nearly six months period
Government will infuse about Rs 5,000 crore capital in the public sector banks in the current fiscal to strengthen balancesheet.
The Finance Ministry is considering infusing more than the announced Rs 70,000 crore in public sector banks to help strengthen their balancesheets.
The meeting will also examine what steps have been taken by state-owned banks in the aftermath of the Rs 6,100-crore Bank of Baroda scam
It is clear that the BJP is quite comfortable with a Nehru-Gandhi legacy if it helps it in its own indoctrination agenda
When government forces state-run banks to carry out financial sector activities, but refuses to fully compensate them, that creates distortions in their business.
The government should act on these three points if banks’ NPA problems need to be addressed effectively.
The warmth and guidance he has received from President Pranab Mukherjee since he formed government has been akin to that of a family, PM Narendra Modi said.