Nirmala Sitharaman News

FM Sitharaman denies shortage of anything, calls Coal crisis baseless

FM Sitharaman denies shortage of anything, calls Coal crisis baseless

New Delhi: While the reports of coal shortage have posed panic in the country, Finance Minister Nirmala Sitharaman on Wednesday stressed that there is no shortage and called India “a power surplus country”. Sitharaman said that Power Minister RK Singh went on record just two days ago when he said

FM Sitharaman urges banks to extend assistance to the fintech sector

FM Sitharaman urges banks to extend assistance to the fintech sector

Mumbai: Union finance minister Nirmala Sitharaman, on her 2nd day in Mumbai, met heads of public sector banks (PSBs) on Wednesday in order to review the financial performance of the lenders and progress made by them in supporting the pandemic hit economy. This is the first visit to the city

FM Nirmala Sitharaman to meet heads of public sector banks on Aug 25

FM Nirmala Sitharaman to meet heads of public sector banks on Aug 25

New Delhi: Finance Minister Nirmala Sitharaman is scheduled to meet CEOs of public sector banks (PSBs) on August 25 to review financial performance of the lenders and progress made by them to support country’s economy battered by COVID-19 pandemic. Given the importance of the banking sector in generating demand and

Government postpones sale of public sector banks till next year

Government postpones sale of public sector banks till next year

New Delhi: India’s plan to sell the two state-controlled lenders may be postponed to the next financial year as the government is yet to seek Parliament’s nod to make necessary laws changes. Initiate the transaction according to people familiar with the matter. The finance ministry has not finalized the modalities