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M Nagaraju, Secretary, Ministry of Financial Services As India aims to become a developed country by 2047, it should consider extending more banking licenses to non-banking finance companies (NBFCs) and universal banking licenses to small finance banks (SFBs), M Nagaraju, secretary, Department of Financial Services (DFS) said at the State Bank of India (SBI) banking […]
Currently, the government owns over 45% stake, while state-owned Life Insurance Corporation owns over 49% of IDBI Bank. | Photo credit: ADNAN ABIDI The government is confident of handling the IDBI Bank share sale in FY26 itself, Financial Services Minister M. Nagaraju said on Tuesday. Speaking at the annual GFF, he also said there is […]
