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BHAGWAT KARAD
EoI for RINL strategic sale to be invited after discussing broad contours with stakeholders: Govt"EoI for strategic disinvestment requires broad contours of the transaction, including core and non-core land and assets, which would form ...
India likely to achieve fiscal deficit target in 2023-24, says govtIndia's fiscal deficit in the first seven months of the financial year ending on March 31, 2024 was Rs 8.04 lakh crore ($96.86 billion), or...
ED attached Rs 64,920 cr crime proceeds in bank fraud cases, arrested 150: GovtThe Finance Ministry revealed in Rajya Sabha that the Enforcement Directorate has pursued 1,105 bank fraud cases, seizing Rs 64,920 crore i...
Good work by nationalised banks, private banks need to do more to take govt schemes to public: MoS Bhagwat KaradDr. Bhagwat Karad, the Union Minister of State for Finance, has urged private banks to do more in extending the Centre's financial schemes ...
Nirmala Sitharaman chairs meeting to further improve efficiencies in her ministriesThe discussions in the session revolved around skilling, maintaining robust organisational processes, streamlining file management systems ...
Maharashtra: Shiv Sena must allow BJP to field candidate from Aurangabad Lok Sabha seat, says Union minister Bhagwat Karad"Whether it is the rural or urban parts, everyone wants BJP to field a candidate from Aurangabad for the 2024 Lok Sabha polls. The booth ch...
Banks recovered Rs 10 lakh crore in last nine financial yearsIndian scheduled commercial banks have recovered around Rs 10 lakh crore from non-performing assets (NPAs) in the last nine financial years...
Govt to initiate closure of SAIL's steel unit in Bhadravathi: MoS FinanceThe government has decided to shut SAIL's loss- making Visveswaraya Iron & Steel Plant (VISP) at Bhadravathi in Karnataka, Parliament was i...
FM Nirmala Sitharaman kicks off pre-budget consultationsThe meeting, which was held virtually, was attended by senior officials of the finance ministry and minister of state for finance Pankaj Ch...
Bank fraud cases decline by about 50% in FY'22, says MoS Finance, Bhagwat KaradComprehensive steps have been taken to tackle banking frauds, including an online searchable database of frauds reported by banks in the fo...
NITI Aayog development indicators: Union Minister Karad chairs meet in OsmanabadThe Union Minister of State for Finance said he reviewed a meeting attended by the collector, Zilla Parishad CEO and district level heads o...
No farm loan waiver scheme by Centre in last 5 years: Minister Bhagwat KaradFarmers get agriculture credit at a reduced interest rate of 7 per cent. Government implements an interest subvention scheme for short term...
Govt holding roadshows for IDBI Bank privatisation to assess investor interestThe government is holding roadshows for IDBI Bank privatisation and will come out with EoI after assessing investor interest, Minister of S...
Bank frauds fall drastically over last 5 years to Rs 648 cr in Apr-Dec FY22: MinisterIn 2016-17, bank frauds stood at Rs 61,229 crore, which declined to Rs 11,583 crore in 2020-21 and then to Rs 648 crore during April-Decemb...
Centre monitoring fuel prices amid Russia-Ukraine war: MoS Bhagwat Karad"However, the Centre is keeping a watch (on this situation) and will ensure that the people of the country do not face any hardships in the...
Proposal to rename 13 airports, including Aurangabad, sent to Centre: MoS Bhagwat Karad"I have been regularly following up on the issue. At least 13 airports in the country are to be renamed and the cabinet will take a decisio...
Cryptocurrencies not legal right now, says Union minister KaradOne can't say if it would be legitimized or not in the future, said the minister, who was replying to some queries made by Congress leader ...
Ahead of Union Budget, MoS Finance Karad said, it will favour all sections of societyUnion MoS Finance Bhagwat Karad added, "PM Modi expects that every group - be it the ruling side of the Opposition - should sit together an...
PSBs recovered over Rs 4.18 lakh cr related to frauds, defaults in last 3 fiscals: MinisterThe government has taken comprehensive steps to tackle defaults and to effect recovery from defaulters, Minister of State for Finance Bhagw...
Four Maharashtra ministers in Cabinet expansion: Caste equations, regional balance, all come into playThe party has ensured that the four diverse regions of the state have been represented –– Rane hails from Konkan in the South; Bharti Pawar...