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Home > Nirmala Sitharaman
Nirmala Sitharaman
Replying to a question in Lok Sabha, Finance Minister Nirmala Sitharaman said RBI was closely monitoring the liquidity position of NBFCs and will continue to monitor the activity and performance of the sector. (Photo: File)
Govt considering giving more powers to RBI to regulate NBFCs: Sitharaman
01 Jul 2019 5:07 PM

As on June 23, 2019, 9,643 NBFCs were registered with RBI.

GST transformed India into 'One Nation, One Tax' and binds the country into an economic union, said official notification.
Government to celebrate 2nd anniversary of GST on July 1
28 Jun 2019 4:11 PM

GST, which subsumed 17 local levies, was rolled out on the intervening night of June 30 and July 1, 2017.

Finance Minister Nirmala Sitharaman.
Govt, RBI closely monitoring rupee exchange rate: Sitharaman
25 Jun 2019 8:01 PM

Rupee has depreciated from Rs 60.50 to a dollar in 2013-14 to Rs 69.74 to a dollar in April-December of 2018-19.

Growth of digital transactions in terms of value has increased to 188.07 lakh crore in September 2018 from 112.27 lakh crore in November 2016.
Currency in circulation rises 22 pc in May over pre-demonetisation level
25 Jun 2019 7:17 PM

Notes in circulation as on Nov 4, 2016 were Rs 17,74,187 cr, which have now increased to Rs 21,71,385 cr as on May 31, 2019.

A wilful defaulter is an entity or a person that has not paid the loan back despite the ability to repay it. (Photo: ANI)
Number of wilful defaulters in nationalised banks up 60 pc to 8,582 in 5 years
24 Jun 2019 7:19 PM

Recovery of Rs 7,654 crore has been done from wilful defaulters' accounts during the last five financial years.

Finance Minister Nirmala Sitharaman presents her first budget on July 5, for the fiscal year ending March 2020.
Govt likely to let budget deficit rise as tax receipts fall short
21 Jun 2019 12:27 PM

Fiscal deficit target to as much as 3.6 per cent of GDP from an already upwardly revised target of 3.4 per cent.

GDP growth has slipped to 5-year low of 6.8%, in addition, public sector banks will need capital for credit growth. (Photo: DC)
FinMin assessing capital needs of PSBs; Budget may make provision for Rs 30,000 cr
17 Jun 2019 12:37 PM

The government made record capital infusion of Rs 1,06,000 crore in the public sector banks last fiscal.

This will be the first overseas visit of Nirmala Sitharaman as finance minister. (Photo: File | PTI)
Nirmala Sitharaman to attend G-20 Finance Ministers' meeting in Japan
05 Jun 2019 1:55 PM

The G20 meetings provide a forum for key countries in international financial system to discuss major international economic issues.

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