India has been a reliable partner in the global supply chain: Ambassador Taranjit Singh SandhuSandhu said there has been expanded collaboration, between India and the US in areas such as health, vaccine development, science and techn...
Now a dedicated website for Jan Dhan YojanaThe website will also act as a tool for controllers and various stakeholders to monitor and implement the scheme in a more effective manner...
RBI to invite applications for bank licences: G S SandhuThe Ministry will "very shortly" approach the Cabinet with a roadmap for capital infusion plan in public sector banks so that they meet glo...
G S Sandhu to hold talks with Indian Bankers Association representativesFinancial Services Secretary G S Sandhu will today hold talks with representatives of IBA for an early settlement of wage revision.
Capital infusion plan for PSU banks soon: Financial Services Secretary G S Sandhu"We will very soon bring capital infusion plan in PSU banks to cabinet. It's almost ready," Sandhu said at an event here.
Jan Dhan accounts cross 5 crore mark, banks collect over Rs 3500 croreGiving major push to Aadhaar scheme, Sandhu said, all these accounts will be seeded to the Aadhar number & will have biometrics to avoid th...
SBI to offer uniform interest rate on home loans from August 26Interest rate for home loans of up to Rs 75 lakh will be 10 basis points above the base rate. Interest rate for above Rs 75 lakh will be 15...
Interest subsidy for low-cost housing to be hiked up to 5%Finance secretary G S Sandhu said that the government would shortly announce enhanced subvention for affordable home loans.
Government to raise 5 per cent interest subvention scheme by 5-fold for poorThe government shares the interest burden on a loan for the particular target segment and such schemes exist of a slew of sectors, includin...
FinMin yet to get a proposal from RBI on COO appointment: SandhuThe comments come after the Reserve Bank on August 14 had issued a statement, proposing to appoint a COO in the rank of a Deputy Governor.
Arrested Syndicate Bank Chairman S K Jain suspendedFinancial Services Secretary G S Sandhu said the Finance Ministry received a preliminary report from the CBI on the arrest of Jain on Satur...
Government readies Rs 50,000 crore equity fund for power sector"Banks have a lot of real estate...the SPV can raise money and that money can come in the form of equity into these banks," Sandhu said.
Banks risk Rs 75,000 crore overdraft on 15 crore new accountsFinancial services secretary G S Sandhu said each account will have an accident insurance of Rs 1 lakh and a RuPay debit card.
Budget 2014 to focus only on growth revival, says Financial Services Secretary G S SandhuAll the departments and all ministries are working on one single theme, which is to bring high growth rate in the economy," Financial Servi...
No fresh funds for state-run banks in budget: Finance MinistryFinancial Services Secretary G S Sandhu today ruled out higher fund allocation in the forthcoming budget to recapitalise state-owned banks.
- Gujjars to hold third round of talks with Rajasthan Govt
Efforts to find a solution to the Gujjar agitation intensified today with the community leadership agreeing to hold the third round of talk...
- Gujjar delegation likely to meet officials to end deadlock
A Gujjar delegation is likely to meet government officials in Bayana town of Bharatpur district today for talks aimed at ending the deadloc...