Mumbai, July 23 (IANS) The Shiv Sena (UBT) on Thursday launched a scathing attack on the Centre, accusing it of patronising big corporate loan defaulters while enforcing harsh recovery mechanisms on poor and middle-class citizens.In an editorial in its mouthpiece, ‘Saamana’, the party said as per the official data provided by the Union Minister of State for Finance, Pankaj Chaudhary, in a written reply in the Lok Sabha, public sector banks have written off bad loans totaling Rs 7.75 lakh crore a…
Latest RBI Act News & Updates
New Delhi, Jan 5 (IANS) Chief Minister Rekha Gupta on Monday signed an MoU with the Reserve Bank of India, enabling the Central Bank to function as the banker, debt manager and financial agent of the government of the NCT of Delhi, facilitating easy market borrowings through State Development Loans for infra projects. The MoU enables the Reserve Bank of India to function as the banker, debt manager, and financial agent of the government of the NCT of Delhi, facilitating market borrowings through…