Both the Lok Sabha and Rajya Sabha were on Thursday adjourned sine die, bringing the nearly two-month long Budget session to an end. The session started on January 29 and was originally slated to......
The government on Wednesday announced the appointment of veteran banker K V Kamath as chairperson of the newly set up Rs 20,000 crore development finance institution NaBFID to catalyse investment......
For development finance institution to succeed now, the government must stand like a rock behind it and be patient. Anup Roy, Nikunj Ohri & Abhijit Lele report. Illustration: Dominic......
Initially the new institution would be government-owned, with its stake being cut gradually to 26%, says Finance Minister Nirmala Sitharaman. Illustration: Uttam Ghosh/Rediff.com The Cabinet has......
Why do we need a bad bank, owned by the banks themselves when there are at least 28 ARCs around, asks Tamal Bandyopadhyay. Illustration: Uttam Ghosh/Rediff.com The headache over recovery of......
All banks are eligible for privatisation. A committee of secretaries will decide which banks will be privatised, says Financial Services Secretary Debasish Panda. Illustration: Dominic......