India’s Focus Going To Be On Skilling, Digitisation: Nirmala Sitharaman

[ad_1] Nirmala Sitharaman talked about the facilities the government wants to extend to the poor. (File) Washington: India’s focus is going to be on skilling and digitisation so that there’s greater ease of living, transparency and formalisation of the economy, Union Finance Minister Nirmala Sitharaman has said, observing that the country is reaching near saturation … Read more

India Has Robust System, Giving Confidence To Overseas Investors: FM Nirmala Sitharaman

[ad_1] Last Updated: April 02, 2023, 08:56 IST Finance Minister Nirmala Sitharaman. (File photo) Sitharaman stressed the need for interchange of views and exchange of suggestions between technical and judicial members. India has a very robust system towards ensuring faster processing of investments thereby giving greater confidence to overseas investors, Union Finance Minister Nirmala … Read more

SEBI Approves Backstop Fund For Corporate Debt Market

[ad_1] SEBI has approved a fund to backstop the corporate debt market. (Representational) Mumbai: SEBI has approved a fund to backstop the corporate debt market for buying ill-liquid and investment grade debt paper, it said on Wednesday. In February, Reuters had reported that India is setting up a fund worth 330 billion rupees ($4 billion) to … Read more

FM Nirmala Sitharaman Reviews PSBs’ Performance, Asks Bankers To Be Vigilant About Rate Risks

[ad_1] Finance Minister Nirmala Sitharaman Finance Minister Nirmala Sitharaman urged the banks to remain vigilant about the interest rate risks and regularly undertake stress tests. Finance Minister Nirmala Sitharaman on Saturday reviewed the performance of public sector banks (PSBs) on various financial health parameters and their resilience in the wake of the current global … Read more

Be alert, take stress tests, FM Nirmala Sitharaman tells PSBs amid US bank crisis – Times of India

[ad_1] NEW DELHI: The PSU bank chiefs informed finance minister Nirmala Sitharaman that they are vigilant of the developments in the global banking sector and are taking all possible steps to safeguard themselves from any potential financial shock. All major financial parameters indicate stable and resilient PSBs with robust financial health, the top officials told … Read more