Latest Updates Around The World
M Nagaraju, Secretary, Ministry of Financial Services | Photo credit: ANI Financial Services Minister Nagaraju M on Friday called on banks to provide loans to small businesses and the self-employed at lower interest rates as these are backed by credit guarantees from government agencies. He noted that banks are chasing companies and offering loans at […]
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 […]
