Banking vision: India needs big, world-class banks, says FM Sitharaman; discussions on with RBI to expand scale
Finance Minister Nirmala Sitharaman highlighted India’s need for large, world-class banks to fuel economic expansion. The government is actively discussing strategies with the RBI and lenders to build scale and strengthen the banking sector. This initiative aligns with ongoing efforts to consolidate public sector banks and advance the privatization of IDBI Bank.🕒 1 min read
Finance Minister Nirmala Sitharaman highlighted India’s need for large, world-class banks to fuel economic expansion. The government is actively discussing strategies with the RBI and lenders to build scale and strengthen the banking sector. This initiative aligns with ongoing efforts to consolidate public sector banks and advance the privatization of IDBI Bank.
Continue Reading
- India slaps anti-dumping duty on rubber chemical imports from China, EU and US
-
Anushka’s adorable reaction to Virat Kohli’s 53rd ODI century goes viral — See post
-
Ben Stokes Can’t Keep Calm As Ollie Pope Finally Breaks Stunning ‘DRS Jinx’ – Video
- Energy markets explode: Crude hits $114, gas jumps 35% after Iran targets Gulf fuel sites
-
Troubled By ‘Filthy’ Habits, Indian Team Resorts To ‘Two-Coloured’ Method Ahead Of 2nd Test
-
“Inaccurate, Misleading”: India On Trump Adviser Peter Navarro’s Recent Remarks
-
“Will Vacate Official Residence On Time Post Retirement”: Chief Justice BR Gavai
-
“JD Vance’s Wife Isn’t Muslim”: Trump Ally’s Shocker To Journalist
-
“Disappointed”: Shashi Tharoor As Colombia Condemns Deaths In Pak After Op Sindoor
- Core sector growth rises to 4-mth high