Centre Guarantees Rs.30,600 Crore Support for Bad Banks

On Thursday, the Union Cabinet approved the Central Government guarantee of Rs.30,600…

Union Finance Minister to meet CEOs of Public Sector Banks

Union Finance Minister Smt.Nirmala Sitharaman will meet CEOs of Public Sector Banks…

Government Takes Measures to Curb Fraudulent Incidents in Banks

According to a press release by the Ministry of Finance on Tuesday,…

COVID-19 Pandemic: SEBI Eases Vesting Period Restrictions on ESOPs

The Securities and Exchange Board of India (SEBI), the Indian market regulator,…

Government Announces Scheme to Boost Consumer Demand

The government, in a press conference held yesterday chaired by the Finance…

Can a Resolution Corporation Set Failed Financial Firms Straight?

The pandemic has resulted in higher non-performing assets and capital erosion, resulting…

Emergency aid by banks amidst COVID-19 outbreak

The coronavirus outbreak has forced temporary closure on many businesses, affecting their…

Govt. to Infuse Additional Capital to Boost Lending for PSBs

The government had announced an upfront capital infusion of the budgeted Rs.70,000…

Home and auto loans under PSB loans in 59 minutes

‘Psbloansin59miuntes’ is a portal to enable in-principle loan processing for MSME (micro,…

Union Budget 2019: Impact on Banking and Finance Sector

The Union Budget 2019-20 was announced by the Minister of Finance Nirmala…