Union Finance Minister

FM Sitharaman to take inventory of PSBs’ deposit mobilisation, cybersecurity levers on Aug 19

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Finance Minister (FM) Nirmala Sitharaman’s August 19 assembly with heads of public sector banks (PSBs) will focus majorly on the varied steps that lenders have taken to mobilise deposits, whereas additionally specializing in the cybersecurity measures adopted to stop frauds, two senior officers informed businessline. “The FM will evaluate the credit-deposit (CD) ratios of PSBs, … Read more

Modi 3.0 Cupboard: Nirmala Sitharaman takes cost as Union Finance Minister for second time; to current the complete Union Funds; Authorities to concentrate on tackling unemployment

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Finance Minister Nirmala Sitharaman on Wednesday took cost and resumed her work within the North Block. That is her second time period within the Ministry as a Cupboard Minister and total, her third time period as she was a Minister of State through the first time period of the Modi Authorities (2014-2019). Additionally learn: Consultants … Read more

FM slams Congress for ‘deliberate neglect’ of infrastructure

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Finance Minister Nirmala Sitharaman on Wednesday got here down closely on the Congress for paying ‘lip service to infrastructure’ growth and losing India’s financial development potential throughout the UPA years (2004-14). Congress’ negligence had left India among the many ‘Fragile 5’ economies with out specializing in efficient infrastructure growth, Sitharaman mentioned in a sequence of … Read more

Naredco asks FM to go for SWAMIH-2 fund with ₹50,000 crore

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The Nationwide Actual Property Growth Council (Naredco) has appealed to Union Finance Minister Nirmala Sitharaman to proceed with the Particular Window for Reasonably priced and Mid-Revenue Housing (SWAMIH) fund by launching the second version with a corpus of ₹50,000 crore. In a pre-budget memorandum to the Finance Minister, the council additionally needed budgetary assist and … Read more