Page 248 - Nirmala Sitharaman

Govt addressing issues sectorally, more action soon: FM Nirmala Sitharaman

Government has made two major announcements to revive the economy after consulting business leaders and such dialogue will continue, says finance minister Nirmala Sitharaman.

Not a single job will be lost due to merger of banks: Nirmala Sitharaman

Nirmala Sitharaman was replying to a question on the bank employees unions opposing the merger plan on the ground it would lead to loss of jobs.

How technology integration, regional synergies drove bank merger plan

PNB will take over OBC and UBI to become the country's second-largest lender after SBI in terms of business

PNB to hold meeting on Sept 5 to consider merger with OBC, United Bank

The government on Friday unveiled a mega plan to merge 10 public sector banks into four as part of plans to create fewer and stronger global-sized lenders

Bank employees stage protest against govt's decision to merge PSBs

AIBEA general secretary C H Venkatachalam alleged the merger of public sector banks would mean closure of six banks

NextGen PSBs: Govt unveils mega bank mergers to revive economic growth

10 banks to be merged into 4; Indian Bank & Allahabad to be one

I felt time was right for me to go: LVB MD & CEO Parthasarathi Mukherjee

Claims he resigned for personal reasons, adds that a new person at the helm may succeed where he failed

Mergers lack logic, will destabilise finance and economy more: Bank unions

While announcing the merger, finance minister Nirmala Sitharaman said plans is to create fewer but stronger global- sized banks for building a $ 5 trillion economy

India's economic growth dips to 7-year low of 5% in April-June

The previous low was recorded at 4.9 per cent in April-June 2012-13. The economic growth was 8 per cent in the same quarter of 2018-19

Government creates banking behemoths to boost India's flagging economy

News of the mergers comes minutes before official data is expected to confirm a fifth-straight quarter of slowing economic growth

Amalgamating 10 govt banks into 4 entities in mega consolidation move: FM

After today's mergers, the count of government-owned banks will come down to 12 from 27 in 2017

PSB merger on expected lines; buy stocks for the long-term: Analysts

Investors need to understand the share swap ratio and the other details of the proposed merger, analysts caution

FM unveils merger of 10 govt banks to revive economic growth from 5-yr low

The exercise, seen together with the previous two rounds of bank consolidation, will bring down the number of nationalised public sector banks to 12 from 27 in 2017

Govt will soon announce 2 more big steps to push consumption: FM Sitharaman

The minister, however, did not elaborate on the two steps to be taken by the government

Govt should use funds from RBI to stimulate economy, says ADB chief

The visiting ADB president supported the RBI's approval to the fund transfer and said the country should come up with more such ideas to support growth

Letters to BS: Cabinet's move to increase FDI could be a game-changer

The big stimulus could also help to considerably ease trade tensions between India and the US

RBI's surplus transfer isn't a silver bullet; govt shouldn't get complacent

Excitement in the markets may lull the government into wrongly believing that all the economy's woes are over and the problems have been fixed

Booster dose: Govt's package for realty sector, exports likely this week

The real estate industry, which has been in the doldrums for almost four years now, has been demanding regulatory and tax changes to shore up the demand and liquidity

Govt yet to decide how to use funds, says FM Nirmala Sitharaman

Rahul accused Centre of stealing RBI's funds, Sitharaman, BJP hit back

Be restrained, don't overreach or overstate: FM Sitharaman to tax officials

Meeting targets within deadlines was achievable even if they go about it with bit of a 'restraint' said the finance minister