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MOS BHAGWAT KARAD
MoS Finance urges private banks to push government's financial inclusion programmesMinister of State for Finance Bhagwat K Karad has urged private sector banks to promote various financial inclusion programs such as Pradha...
Directed banks to "sensitively" deal with loan collections, says Nirmala Sitharaman in Lok SabhaAcknowledging that she has received complaints of merciless loan collections by some banks, Union Finance Minister Nirmala Sitharaman infor...
Treat customer as God: MoS Finance Bhagwat K Karad to banksWith regard to Kisan Credit Card (KCC), he urged banks, including BoM for expanding the reach of KCC scheme to more farmers and ensure time...
Budget 2023: FM Sitharaman & team meets Prez ahead of Budget presentationPrior to delivering the Union Budget 2023–24 on Wednesday, as per an established tradition, Finance Minister Nirmala Sitharaman met Preside...
Fugitive Mehul Choksi's Gitanjali Gems tops India wilful defaulters listMoS Finance Bhagwat Karad said that the total number of wilful defaulters each having outstanding loan of Rs 25 lakh and above in public se...
Budget 2023-24: Nirmala Sitharaman meets state finance ministers for their inputsUnion Finance Minister Nirmala Sitharman has chaired a pre-Budget meeting with the finance ministers of all States and Union Territories fo...
Pre-Budget meet: Infrastructure sector demands rationalisation of GST, easier bank credit, hike in public expenditureCellular Operators' Association of India (COAI) in its presentation to the Finance Minister has sought a reduction of levies and taxes on t...
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...
21 central PSEs working without CMD or MDThe list includes IRCTC, Mahanadi Coalfields, ONGC, Bharat Electronics Ltd, Oil India, Shipping Corporation of India, National Seeds Corp L...
At Day 1 of ET Future of Money Summit, policymakers and leaders to discuss financial inclusion, CBDCs, gender and finance, and moreOn the first day of ET Future of Money Summit, top leaders and experts will focus on the theme of financial inclusion, women and money, fin...
Public sector banks sufficiently capitalised, says MoS Finance Bhagwat K KaradAs per inputs received from Reserve Bank of India (RBI), Capital to Risk-weighted Assets Ratio (CRAR) of PSBs has improved substantially ov...
About 5,200 companies with credit exposure of over Rs 5 cr declared as NPAs till Dec 2021: MoS FinanceScheduled commercial banks (SCBs) and All Indian Financial Institutions report certain credit information of all borrowers having aggregate...
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...
FM holds meeting with hospitality, tourism sectors; discusses credit-related issuesIt is to be noted that Budget 2022-23 had proposed to open an additional Rs 50,000 crore window under the Emergency Credit Line Guarantee S...
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...
Mudra loan target not met in FY21The national level target under PMMY have been consistently met since inception of the scheme. However, in FY21, an amount of ₹3.22 lakh cr...
Govt yet to decide on banks to be privatised, say MoS Finance Bhagwat Karad"As per inputs received from Department of Investment and Public Asset Management (DIPAM), the government has not yet decided on the banks ...
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...
MoS Finance Bhagwat Karad urges banks to improve credit penetration in NE statesThe minister advised banks through the State Level Bankers' Committee (SLBC) to increase general awareness about the Public Sector Banks Do...
Madhya Pradesh Governor, several Union ministers call on Vice President Venkaiah NaiduThe meetings also come ahead of the Monsoon Session of Parliament that starts on Monday. Naidu is also the chairperson of the Rajya Sabha. ...