Placement of social and sustainability bonds by FIs and DBs more surged to $123 billion last year.
March 12, 2021It is formed in view of positive response received from financial institutions to the framework outlined, by Prudent Norms for resolution of stressed assets issued by the Reserve Bank of India on June 7 earlier this year.
June 30, 2019Like any long-term investment, quality education is an expensive proposition and must be taken only after considering all other alternatives.
November 13, 2018Haryana on Friday announced the new state policy on interface with banks keeping in view the changing scenario of banking sector. All existing bank accounts opened need to be consolidated into one or two major accounts by March 31, 2018 definitely with the approval of finance department. Till then, banking with the existing banks will …
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March 16, 2018Scheduled commercial banks including “select financial institutions” lost Rs 16,789 crore due to frauds in 2016-17, Parliament was informed on Friday. Minister of State for Finance Shiv Pratap Shukla told the Lok Sabha, in a written reply, that the Reserve Bank of India’s (RBI) “Fraud Monitoring Reports” showed that an “amount lost on account of …
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December 23, 2017Buoyed by the success of Global Entrepreneurship Summit (GES) which concluded here Thursday, NITI Aayog announced setting up of women’s cell to help women entrepreneurs. The Telangana government also announced three initiatives including setting up of an incubator to encourage women start-ups. NITI Ayog, a policy think-tank of the Central government, will create a women’s …
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November 30, 2017