FinMin asks currency-minting corp to find ways to transform amid digital push
Addressing the foundation day of SPMCIL, Sitharaman said at a time when minting coins in a digital era has become slightly jaded.
Addressing the foundation day of SPMCIL, Sitharaman said at a time when minting coins in a digital era has become slightly jaded.
The minister further said the government is not against the idea of holding a minority stake in key strategic public sector companies.
The monthly report of the finance ministry also cited that global investor confidence in India stays intact with the country attracting total FDI inflow of $ 27.37 billion during the first four months of FY 2021-22
It is, however, clarified that there is no proposal to change the last date for payment of the amount (with additional amount) under Vivad se Vishwas
AT-1 bonds are considered perpetual in nature, similar to equity shares as per the Basel III guidelines. They form part of the tier-I capital of banks.
Earlier in June, a police constable in Surat, Gujarat allegedly manhandled a female employee of Canara Bank.
The IPO of LIC would contribute a huge chunk to the government's budgeted disinvestment kitty of Rs 2.10 lakh crore this fiscal.
On March 27, with an aim to ease burned on the borrowers during the COVID-19 lockdown, the central bank had extended the moratorium period by another three months till August 31.
To encourage digital transactions and move towards a less-cash economy, the government inserted a new provision, Section 269SU
