New Delhi, July 27 (IANS) The Finance Ministry informed Parliament on Monday that the government has approved the Reserve Bank of India’s (RBI) proposal to conduct field trials of polymer currency notes in the Rs 10 and Rs 20 denominations.The approval was confirmed by Minister of State for Finance Pankaj Chaudhary in a written reply to a question in the Lok Sabha.The government, however, clarified that the move does not signal the end of paper currency. Polymer banknotes are proposed to circula…
Latest Minister of State for Finance News & Updates
New Delhi, Feb 9 (IANS) The gross NPAs as a percentage of total loans and advances of scheduled commercial banks have been continuously declining during the last eight financial years, and were at a historic low of 2.15 per cent at the end of September 2025, which is lower than the 2010-11 level, the Parliament was informed on Monday. The Reserve Bank of India (RBI) has apprised that the data on gross NPAs of banks is not collected by it on a monthly basis. However, as per the latest data availa…