The Ministry of Finance on Tuesday said that various measures taken by the Union government have contributed to the sustained financial health and robustness of the banking sector as a whole.
These banks are: Bank of Baroda, Bank of India, Bank of Maharashtra, Canara Bank, Central Bank of India, Indian Bank, Indian Overseas Bank, Punjab National Bank, UCO Bank and IDBI Bank Limited.
Speaking at the inaugural ceremony of 4th RE-Invest Summit hosted by MNRE and CII, the minister said that India’s renewable energy capacity addition has grown by 175 per cent and renewable energy generation has grown by 86 per cent since 2014.
Union Minister of Labour and Employment and Chairperson, Central Board of Trustees, EPF, Dr Mansukh Mandaviya has approved the proposal for a Centralised Pension Payment System (CPPS) for Employees’ Pension Scheme, 1995.
At a meeting conducted to review the performance of Public Sector Banks (PSBs) on Monday, Finance Minister Nirmala Sitharaman discussed a range of issues including financial parameters, deposit mobilisation, digital payments and cyber security framework.
Meetings have been held with banks and PSUs in the state to serve Himachal in a better manner, Union Minister of State for Finance Dr Bhagwat Karad said.
Loans can be taken for course fee, tuition, hostel fee, books, study materials, computers or laptops. Any student taking a Rs 10 lakh loan on the card will have 15 years to repay it at a very low interest rate
Sources said that the Commerce Ministry has approached the State Bank of India and Indian Banks' Association to remove this anomaly so that all exporters get similar treatment on exchange rate or differential is reduced
Mitra said that if all banks start such an initiative then it would help in employment generation that has been the main focus of chief minister Mamata Banerjee.
In case of a severe stress scenario, the GNPA may rise to 11.22 per cent, although SCBs have sufficient capital, both at the aggregate and individual level, even under stress.
