Facing "crisis situation" created by rising fuel prices, the government is likely to come out with "some steps" this week to deal with record high petrol and diesel rates, a senior official said.
German economy is in a strong upswing despite data showing growth in Europe’s largest economy was weaker in early 2018 than in late 2017, the finance ministry said.
"We have written to BBB to shortlist candidates for the vacant post of Managing Director and Chief Executive Officer at Allahabad Bank," a finance ministry official said.
The FinMin is not seeking any relaxation from RBI in its prompt corrective action framework and has asked banks to adopt differentiated business strategy, official said.
The finance ministry has tied up with 40 entities for extending loans to small entrepreneurs under the Mudra scheme.
Enthused by successful conclusion of Bhushan Steel case, the Finance Ministry expects banks to write back more than Rs 1 lakh crore after the resolution of all 12 NPA.
Germany expects to spend around 78 billion euros on migration-related issues through 2022, Der Spiegel magazine reported on Saturday.
Free banking services like cheque book issuance and ATM withdrawals is likely to remain out of the ambit of the GST, a senior finance ministry official said.
Smriti Irani, whose tenure as I and B was mired in controversy, was tonight divested of the portfolio as PM Modi reshuffled his cabinet in which Goyal was given the additional charge of the Fin Min.
Under this scheme, the bank concerned will get PSC to the extent of its provision against the bad loans and conserve its capital, sources said.
To Consider Fund Raising Via Shares, Bonds On May 24
Adani-Wilmar JV Competes Patanjali To Buy Entire Stake Of Co
Deal Valued At Around Rs 5,000 Cr
Economic Times Reports
Fortis Faces MCA Probe ahead of EGM
Director General to look into mismanagement charges
3 Directors nominated by promoters to quit the Board on May 22
Govt may take over the co if mismanagement reported
Business Standard Reports
Bharti's Cedar Svcs May Sell Stake Of 9.23% In Future Retail & Ent
Deal Size Valued At Rs 2,500 Cr
Economic Times Reports
Acquires Foodworld Supermarkets At Rs 40 Cr
Foodworld OSouthern India
Expects acquisition to be completed within 10-12 weeks