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G.S. SANDHU
Land scam: Rajasthan ACB files charge-sheet against suspended RAS officer, 3 othersAnti-corruption bureau of Rajasthan has filed a charge-sheet against suspended RAS officer Nishkam Diwakar and three others in an alleged l...- Panel set up to look into power sector woesThe finance ministry has set up a committee to look into the woes of the power sector which will give its report within the next two weeks.
- 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.
- RBI will cut interest rate at the right time: GS SandhuRajan today left all key rates unchanged citing continued risks to inflation and difficult external situation especially on the geopolitica...
- India Post suited to be payment bank: Financial Services Secretary GS Sandhu"By making them (postal department) a payment bank, they will be able to work in that area they are best at. That may happen soon," Sandhu ...
- Jan Dhan Yojana: Decision on Jan Dhan life cover soon, says GS SandhuFinancial Services Secretary GS Sandhu said that it has not been decided yet as to who will pay the premium for the Rs 30,000 life cover.
- Government to boost financial inclusion through Pradhan Mantri Jan Dhan Yojana“It has to be beyond just a bank account. The idea is to convert cash economy into a cashless and digital economy,” Sandhu said.
- Need to make banks more professional: GS Sandhu, Banking Secretary"Some of the proposals are under consideration for improving the governance in banks, mainly the public sector banks."
- Parliament approval must for RBI COO post: GovernmentThe proposals included appointment of a COO to head one of the five clusters the bank has proposed in the new internal structure.
- Government orders forensic audit on OBC, Dena Bank for Rs 436 crore scamThe lenders are alleged to have indulged in siphoning off the money (Rs 180 crore by OBC and Rs 256 crore by Dena Bank) received as fixed d...
- SBI Caps to make report on PSU bank merger within a monthSBI first merged State Bank of Saurashtra with itself in 2008. Two years later in 2010, State Bank of Indore was merged with SBI.
- Budget 2014: State Bank of India, Punjab National Bank to hit mkts soon to meet capital needsFinance Minister Arun Jaitley proposes to dilute govt stake in PSBs without ceding control in budget speech.
- FinMin to look beyond FDI for raising funds in insuranceThe Insurance Bill has been with the Rajya Sabha since 2008. In October 2012, the Cabinet had cleared 49 per cent foreign investment in the...
- Finance Ministry looking at insurance funding without raising FDI capThe Finance Ministry is looking at ways in which private insurance companies can be allowed to raise more funds without hiking FDI.
- Government may allow state-run banks to set up SPVs to raise fundsFinancial services secretary GS Sandhu said the government is looking at various options to enable banks to raise money from the markets.
- Indian state-run banks' bad loans improve in Jan-Mar, says Fin Min officialStressed loans in India - those categorised as bad and restructured - total $100 billion, or about 10 per cent of all loans.
- Punjab asks Monsanto to set up a R&D centre for maize crop in statePunjab CM has asked Monsanto to establish its research centre to undertake extensive R&D for the production of high yielding hybrid seeds o...
- Health insurance for BPL families from AprilThe government is planning to launch health insurance schemes from April for families living below the poverty line in the country, a senio...
- Vaccines, biologicals may be left out of price controlEven as the government says that all 354 drugs on the national essential medicines list will come under price control, it is considering le...
- National pharma policy to be final in 2 wksThe national pharmaceutical policy is likely to be finalised in the next 2 weeks. Speaking on the sidelines of the Pharmexcil India-CIS sum...
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