FM Nirmala Sitharaman to review with top management of Scheduled Commercial Banks and NBFCs on Sep 3

August 30, 2020 12:23 PM

FM Nirmala Sitharaman to review with top management of Scheduled Commercial Banks and NBFCs on Sep 3

Finance and Corporate Affairs minister Nirmala Sitharaman will review with the top management of Scheduled Commercial Banks and NBFCs, the implementation of the resolution framework for COVID-19 related stress in bank loans. She will take stock of the situation with top officials on 3rd September.    The review will focus on enabling businesses and households to avail of the revival framework on the basis of viability. AIR correspondent reports, necessary steps like finalising bank policies and ...

FM Sitharaman reviews macro-economic situation and financial stability

November 7, 2019 9:07 PM

FM Sitharaman reviews macro-economic situation and financial stability

Finance and Corporate Affairs Minister Nirmala Sitharaman reviewed the present global and domestic macro-economic situation, financial stability and issues related to Non-Banking Financial Companies and Credit Rating Agencies. Ms Sitharaman chaired the 21st meeting of the Financial Stability and Development Council (FSDC) in New Delhi on Thursday. The Council reviewed the earlier actions taken by the members and held discussions on the proposals related to cyber security of the financial sector....