Sitharaman: Bank depositors will access money within 90 days of moratorium
The Union Cabinet on Wednesday cleared the Deposit Insurance and Credit Guarantee Corporation Bill 2021
The Union Cabinet on Wednesday cleared the Deposit Insurance and Credit Guarantee Corporation Bill 2021
<p>The sharp reduction in small savings rates, which was to take effect from today, has been withdrawn by the government. Finance Minister Nirmala Sitharaman said Thursday morning that the “orders issued by oversight shall be withdrawn”. The government had on Wednesday cut interest rates on various small savings schemes sharply by 40-110 basis points. The […]</p>
<p>Assures to protect interest of employees during privatisation The Finance Minister said that all banks will not be privatised and assured that wherever it happens, every interest of the employees and staff will be protected. Ms. Sitharaman emphasised that even those banks which are likely to be privatised, the institutions too will continue to function […]</p>
<p>Amid an outcry over record high petrol and diesel prices, Union Finance Minister Nirmala Sitharaman on Saturday said the Centre and state governments will have to together work out a mechanism to bring retail rates to reasonable levels. As much as 60 per cent of the retail price of petrol, which shot above Rs 100-mark […]</p>
<p>Economic Survey 2020-21 has projected GDP growth for the next financial year at 11 per cent. It has suggested that the growth recovery will be driven by government consumption. The Economic Survey 2020-21, tabled by the Finance Minister Nirmala Sitharaman in Lok Sabha today suggested that the net exports and government consumption have cushioned the […]</p>