Search For "mos finance"
Banks recovered over Rs 10 lakh crore from defaulters in past 9 years: Cen
Updated : 2 years, 10 months ago IST
Minister of State (MoS) Finance Bhagwat Karad informed Parliament that banks in India have recovered non-performing assets worth Rs 10.16 lakh crore on an aggregate basis in the past nine years.
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Rs 2000 notes were introduced to meet currency requirement post demonetisa
Updated : 2 years, 10 months ago IST
Rs 2000 denomination banknotes were introduced to expeditiously meet the currency requirement of the economy after Demonetisation and are close to the end of their useful life, the Minister of State for Finance, Pankaj Chaudhary said in a written reply to the Rajya Sabha on Tuesday.
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2.51 pc of Rs 2,000 notes in circulation till June end: MoS Finance in Lok
Updated : 2 years, 10 months ago IST
On May 19, the RBI decided to withdraw the Rs 2000 denomination banknotes from circulation but said it would continue to remain as legal tender. However, RBI has advised banks to stop issuing such banknotes with immediate effect.
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Banking infrastructure needs to be strengthened further including opening
Updated : 3 years ago IST
The conclave was organised by the ministry of development for the North Eastern Region, North Eastern Development Finance Corporation (NEDFi) and State Bank of India with Confederation of Indian Industry the Industry, was held on Friday in New Delhi.
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Banks should work towards banking the unbanked: MoS Finance
Updated : 3 years ago IST
The Minister called for increasing bank penetration in rural areas
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Sitharaman address RBI Board, highlights thrust areas of Budget
Updated : 3 years, 3 months ago IST
Complimenting the Finance Minister on the Budget, the Board members made a few suggestions for consideration of the government
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ED seizes Rs 859.15 crore proceeds of crime under PMLA in illegal loan app
Updated : 3 years, 3 months ago IST
The Minister stated that as on date, proceeds of crime of Rs 2,116 crore (approx) have been identified, out of which proceeds of crime amounting to Rs 859.15 crore have been attached/seized/frozen under the provisions of PMLA.
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India received highest ever remittances in 2021-22: MoS finance in Parliam
Updated : 3 years, 3 months ago IST
India received foreign inward remittances of USD 89,127 million in 2021-22, which was the highest ever received in a single year.
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"Umeedon Ka Budget": MoS Finance says Union Budget will match people's exp
Updated : 3 years, 3 months ago IST
As only hours are left before Union Finance Minister Nirmala Sitharaman will table the Union Budget for the financial year 2023-24, Minister of State for Finance Pankaj Chaudhary on Wednesday said that this budget would fine-tune with the expectations of the general public and that India'
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Union Budget 2023 to incorporate every section's expectations: MoS Finance
Updated : 3 years, 3 months ago IST
Union Finance Minister Nirmala Sitharaman will table the Budget 2023 in Lok Sabha today at 11 am.
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Budget 2023: MoS finance Chaudhary says focus on overall economy, not elec
Updated : 3 years, 3 months ago IST
Union finance minister Nirmala Sitharaman will table the pre-Budget document in the Parliament after President Droupadi Murmu's address to the joint sitting of the two houses of Parliament.
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'Loans worth Rs 1,74,966 cr written off in 2021-22': MoS Finance Bhagwat K
Updated : 3 years, 5 months ago IST
The Union Minister of State for Finance, Bhagwat Karad on Tuesday informed the Rajya Sabha that loans worth Rs 1,74,966 crores were written off by scheduled commercial banks (SCBs) in the last financial year and Rs 33,534 crores were recovered from written-off loans in the last financial yea
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