Search For "mos finance"
Govt, RBI roll out measures to improve health, governance of cooperative b
Updated : 2 months, 1 week ago IST
As part of efforts to support business expansion, Urban Cooperative Banks (UCBs) have been permitted to open new branches, enabling wider outreach and improved customer access. In a move aimed at boosting credit flow, the permissible housing loan exposure of UCBs has been raised to 25 per ce
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Gross NPAs in outstanding education loans of public sector banks reduced t
Updated : 5 months, 1 week ago IST
Union Minister of State for Finance Pankaj Chaudhary, in a written reply to the Lok Sabha on Monday, said that in terms of outstanding education loans, the Gross Non-Performing Assets (NPA) of Public Sector Banks (PSBs) reduced from 7% in FY 2020-21 to 2% in FY 2024-25, thereby showing the s
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AI-enabled tools to streamline complaint handling at RBI: MoS Finance
Updated : 5 months, 3 weeks ago IST
While answering an unstarred question in Rajya Sabha, the Minister of State (MoS), Ministry of Finance, Pankaj Chaudhary, said, "The process of complaint resolution is being streamlined through revision in the Reserve Bank-Integrated Ombudsman Scheme."
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MoS Finance Pankaj Chaudhary highlights return of unclaimed funds under 'A
Updated : 5 months, 3 weeks ago IST
Union Minister of State for Finance Pankaj Chaudhary said that the government has launched a special initiative to help citizens reclaim their unclaimed assets lying in banks, under the campaign 'Aapki Poonji Aapka Adhikar'. Speaking to the media at the sidelines of the Financial Awareness M
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'Decision not just for Bihar, but for whole country': MoS Finance Pankaj C
Updated : 7 months, 3 weeks ago IST
Union Minister of State (MoS) for Finance, Pankaj Chaudhary, took a jibe at the Opposition and said that the move to rationalise GST rates to two slabs of 5 per cent and 18 per cent has not been brought for the Bihar Assembly polls.
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PM Modi won trust of states across country to implement GST: MoS Finance
Updated : 7 months, 3 weeks ago IST
Minister of State for Finance Pankaj Chaudhary on Thursday said that Prime Minister Narendra Modi won the trust of states, which made the rollout of the Goods and Services Tax (GST) possible.
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New GST slabs to ease burden on common man, small traders, MSMEs: MoS Fina
Updated : 7 months, 3 weeks ago IST
Union Minister of State for Finance Pankaj Chaudhary stated that the new Goods and Services Tax (GST) slabs will provide relief to the common man, small traders and micro, small and medium enterprises (MSMEs).
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"Definitely a very big achievement": MoS Finance Pankaj Chaudhary on Choks
Updated : 1 year, 1 month ago IST
Minister of State for Finance Pankaj Chaudhary on Monday lauded the arrest of fugitive Indian businessman Mehul Choksi in Belgium, stating that it was a "very big achievement".
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India to review and assess the impact of US reciprocal tariff: MoS Finance
Updated : 1 year, 1 month ago IST
India will review and assess the impact of reciprocal tariffs, said Union Minister of State for Finance Pankaj Chaudhary on Thursday, reacting to the 27 per cent tariffs on Indian export to the US.
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MoS Finance Pankaj Chaudhary arrives at North Block ahead of Union Budget
Updated : 1 year, 3 months ago IST
Union Finance Minister Nirmala Sitharaman is set to present her record 8th consecutive budget today at 11 am in the Lok Sabha. The budget speech will outline the government's fiscal policies, revenue and expenditure proposals, taxation reforms, and other significant announcements.
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Centre receives Rs 8,625 crore as disinvestment receipts so far in 2024-25
Updated : 1 year, 5 months ago IST
The government has realised Rs 8,625 crore through various minority stake sale disinvestments so far during the current financial year 2024-25, MoS Finance Pankaj Chaudhary informed Lok Sabha on Monday in a written reply.
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FDI inflow in last 10 years of NDA government totalled USD 709.8 billion:
Updated : 1 year, 5 months ago IST
More than 90 per cent of FDI inflows are received through this route, showcasing the effectiveness of simplified regulations. Strategic initiatives such as increasing FDI limits, removing regulatory barriers, and improving infrastructure have further enhanced the ease of doing business in th
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