finance ministry
Fund infusion into PSBs not sufficient to support lending growth: Fitch
Fitch estimates that banks will need an additional USD 23 billion (around Rs 1.6 lakh crore) in 2019.
Microfinance industry posts 43 per centh growth in Q3 FY'19
Microfinance Institutions Network (MFIN) is an RBI recognised self-regulatory organisation and industry association.
MFIs loan book clips past 43 per cent to Rs 1.66 tln in Q3
Total numbers of microfinance accounts were at 8.91 crore as of December 2018.
Finmin expects 3-4 more banks to come out of RBI's PCA framework this year
Bad loans of public sector banks declining by over Rs 23,860 crore in the first half of the current fiscal.
Niti Aayog bats for setting up independent debt management office
At present, the government debt, including market borrowing, is managed by the Reserve Bank of India.
EPFO finalises 8.65 per cent interest for 2018-19: Gangwar
The interest rate is credited into the subscribers account after the Finance Ministry's approval.
Finmin expects NPA recovery of Rs 1.80 lakh crore in FY19
So far, banks have recovered Rs 1 lakh crore under the Insolvency and Bankruptcy Code (IBC).
Govt announces Rs 48,239 cr recapitalisation plan for 12 PSBs
The government will pump in Rs 12,535 crore in four other banks under PCA.
Govt may launch exchange traded fund of PSU bank stocks next fiscal
The government has raised Rs 32,900 crore through Bharat-22 ETF since 2017, and Rs 28,500 crore from CPSE ETF since 2014.
Par panel for setting up enquiry commission into IL&FS crisis
Debt crisis in infrastructure lender IL&FS came to light following a series of defaults by its group companies beginning September 2018.