New Delhi: Amid fierce criticism from the Opposition, the Lok Sabha on Tuesday passed the Banking Laws Bill, 2024 in which Union finance minister Nirmala Sitharaman proposed 19 amendments in the bill. Earlier in the day, FM Sitharaman introduced the Banking Laws Bill in the Lok Sabha, proposing to make as many as 19 amendments, including changes in the RBI …
RBI Governor Shaktikanta Das on Friday said the RBI MPC has kept the repo rate unchanged at 6.5 per cent for the 7th time in a row. Apart from these, he also took several measures regarding sovereign green bonds, Retail Direct Scheme, and liquidity coverage ratio framework, etc. Trading of Sovereign Green Bonds in International Financial Services Centre RBI Governor …
Just days after Prime Minister Narendra Modi hailed the private sector, the union government has decided to lift a ban that was there on private sector banks from government transactions. “Private banks can now be equal partners in development of the Indian economy, furthering Govt’s social sector initiatives, and enhancing customer convenience,” she said. @FinMinIndia @DFS_India — NSitharamanOffice February 24, …
