RBI's asset purchases did not dilute its balance sheet: Das

Reserve Bank Governor Shaktikanta Das on Thursday said the central bank's asset purchases, aimed at mitigating COVID-19-related liquidity stress in the system, did not dilute its balance sheet or......

Loan recast: FM to meet heads of banks, NBFCs on Thursday

Banks are in the process of getting a board-approved restructuring framework in line with the RBI's framework and eligibility defined by the central bank. Finance Minister Nirmala Sitharaman will......

FM prods PSBs to implement 'Aatmanirbhar' relief package

The finance minister has emphasised on the quick disbursal of additional loans to MSMEs, to simplify process, formats and documentation. Photograph: ANI Finance Minister Nirmala Sitharaman on......

Sitharaman unveils Rs 6 lakh cr stimulus, more to follow

The government on Wednesday announced a nearly Rs 6 lakh crore package, including Rs 3 lakh crore of collateral-free loans for small businesses and a Rs 30,000 crore lifeline to non-banking and......