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GURDIAL SINGH SANDHU
Government undertakes reshuffle of senior bureaucratsThe central government today gave additional charge to Anoop Kumar Srivastava as Secretary, Inter-State Council Secretariat.- 2014: A politically eventful year for IndiaThe states of Jharkahand, Maharashtra and Haryana witnessed a regime change and Jammu and Kashmir saw a hung Parliament in the recent elect...
- Hasmukh Adhia nominated as RBI directorGovernment has nominated Financial Services Secretary Hasmukh Adhia as a director on the central board of directors of RBI.
- Rajiv Mehrishi appointed Finance SecretaryMehrishi is the senior most secretary among the four others who head Departments of Expenditure, Revenue, Financial Services and Disinvestm...
- Rajiv Mehrishi takes charge as Economic Affairs SecretaryRajiv Mehrishi has taken charge as Secretary, Department of Economic Affairs, replacing Arvind Mayaram, who was abruptly shunted out.
- Finance Ministry forms bankers' panel to make power projects goingBanks take a hit if projects financed by them fail to generate cash flow after the announced date of completion and face rising bad loans.
- Rajiv Mehrishi replaces Arvind Mayaram as Economic Affairs SecretaryIn orders issued yesterday, Mayaram, a 1978-batch IAS officer belonging to Rajasthan cadre, was made the Tourism Secretary in place of Parv...
- Tackling mountain of loans: Govt to meet top bankers to discuss financing options for stuck power projectsFinancial Services Secretary Gurdial Singh Sandhu will meet top bankers to explore ways to get projects going and help banks avert a blow.
- Raghuram Rajan’s plan to overhaul RBI runs into oppositionRBI statement indicated that the govt was broadly in agreement with its overhaul plans. But finance ministry officials say there was no suc...
- Government asks PSU banks to issue RuPay debit cards to customers, install POS terminalsFor the first time in their 30-year existence, Visa and MasterCard, the world's largest payment companies, are facing the heat in India.
- Finance Ministry asks PSU banks to improve CASA level, focus on recoveryCASA is mobilised at a very low rate and subsequently deployed for lending at a much higher rate resulting in higher margin for banks.
- Finance Ministry directs banks to deal firmly with fraud, wilful defaultPSU banks accounted for the disproportionate share in this increase in NPAs, while the new private sector banks managed to lower their NPA ...
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