Creation of Bad Bank Will Benefit Banks Only
M K Verma Mumbai (Maharashtra) : SBI, ICICI, IDBI and others have recently approached RBI for formation of BAD BANK, a new way to hide their NPA . The asset…
Around 39 crore people receive financial assistance of Rs 34,800 crore under PMGKP
Speed Post News Network New Delhi : Using the digital payment infrastructure, around 39 crore poor people have received financial assistance of Rs 34,800 crore under Pradhan Mantri Garib Kalyan…
Never asked for report from IRS Officers on tackling COVID-19, Inquiry being initiated : CBDT
Speed Post News Network New Delhi : The Central Board of Direct Taxes (CBDT) on April 26, 2020, said that there are some report circulating on social media regarding suggestions…
Sitharaman attends Annual Meeting of Board of Governors of NDB through video-conference
Speed Post News Network New Delhi : Union Finance & Corporate Affairs Minister Nirmala Sitharaman on April 20, 2020, attended the 5th Annual Meeting of Board of Governors of New…
Constraints in Credit Flow due to standardised credit appraisal method & prevalent fear psychosis
M K Verma Mumbai : On April 17, 2020, RBI Governor Shaktikanta Das announced landmark measures to help Banks and NBFCs cope up with the COVID -19. His announcement included-…
Sitharaman attends Development Committee Meeting of World Bank-IMF
Speed Post News Network New Delhi : Union Finance Minister Nirmala Sitharaman participated in the 101st Meeting of the Development Committee Plenary of World Bank -IMF through video conference here…
Sitharaman attends Plenary Meeting of IMFC of IMF through video-conference
Speed Post News Network New Delhi : Union Finance & Corporate Affairs Minister Nirmala Sitharaman attended through video-conference the Plenary Meeting of the International Monetary and Financial Committee (IMFC), the…
Health & Motor (Third Party) insurance policyholders can pay premium till May15
Speed Post News Network New Delhi : With a view to mitigating hardship to the policyholders whose Health and Motor (Third Party) insurance policies are due for renewal during COVID-19…