Nirmala Sitharaman News

Nirmala Sitharaman announces economic package for MSMEs, raises credit line limit to Rs 4.5 lakh cr

The finance minister announced widening of the Emergency Credit Line Guarantee Scheme under which collateral-free loans are given to MSMEs. A new scheme will give up to Rs 1.25 lakh loan to 25 lakh small borrowers at lower interest rates

Nirmala Sitharaman announces new COVID-19 stimulus measures: From Rs 23,220 cr for public health to free 5 lakh tourist visas, key highlights

Nirmala Sitharaman press latest news: conference Key highlights: Today finance minister has announced, From Rs 23,220 cr for public health to free 5 lakh tourist visas, FM announces 8 major relief measures to boost COVID-affected sectors

Nirmala Sitharaman Interview with Network18 Updates: Consumer 'not burdened' by agri-infra cess, says FM

Nirmala Sitharaman Interview with Network18 Updates: Addressing the concerns on the cess imposed, Sitharaman added that in case of cess imposed on petrol and diesel, "we have applied it on the additional excise duty which is purely central government's money"

Nirmala Sitharaman announcements on Coronavirus: FM unveils Rs 1.7 lakh crore relief package, gives free LPG, wheat, rice to poor; key takeaways

The Central government on Wednesday unveiled an economic package worth Rs 1.7 lakh crores primarily focussed at the poorest and most vulnerable sections of the society.

Govt likely to notify merger of 10 PSU banks this week; all lenders to complete amalgamation procedures by April

The banks will need to follow regulatory formalities to protect the interest of minority shareholders. Each bank is required to follow the regulatory norms to protect the interests of minority stakeholders.

Mega bank merger announcement: Govt to amalgamate 10 public sector banks into four large entities

After the bank merger, only 12 PSBs will be left in India from the 27 earlier