Page-5 of Ministry of Finance Current Affairs, GK & News
Union Cabinet approved the ‘Partial Credit Guarantee Scheme’ that allows public sector banks (PSBs) to purchase high-rated pooled assets from financially sound non-banking finance companies (NBFCs) and housing finance companies (HFCs). However, the amount of overall guarantee has been limited to first loss of up to 10% of fair value of assets (FAV) being purchased ..
Category: Economy & Banking Current Affairs
Topics: Cabinet Decision • Department of Economic Affairs • HFC • housing finance companies • Ministry of Finance • NBFC • non-banking finance companies • Partial Credit Guarantee Scheme • Public Sector Banks
The Union Minister of State(independent charge) for Culture and Tourism, Prahlad Singh Patel in a written reply to Lok Sabha on Tuesday, 10th December 2019 informed that the Government has identified some iconic world-class tourist stations in India to attract international and national tourists. 17 sites in 12 clusters from across the country have been ..
Topics: Agra • Assam • Goa • Gujarat • kerela • Lok Sabha • Madhya Pradesh • Maharashtra • Minister of State of Culture and Tourism • Ministry of Finance • Prahlad Singh Patel • Rajasthan • Tamil Nadu • Union Minister of State(independent charge) for Culture and Tourism • Uttar Pradesh
Union Home Ministry has sanctioned Rs.100 crore from Nirbhaya fund for setting up and strengthening of women help desks in police stations across country. The move came a fortnight after a young veterinarian was gang-raped and murdered near Hyderabad, leading to protests in different parts of country. Key Highlights The scheme would be implemented by ..
PSBs disbursed Rs 4.91 lakh crore under the Customer Outreach Initiative in October and November 2019
In September 2019, the Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman, announced the launched the Customer Outreach Initiative by the Public Sector Banks (PSBs) of India. The initiative aimed towards providing support to the needs of the economy by improving credit delivery or the credit outflow with a primary focus on NBFCs, MSMEs, ..
Category: India Nation & States Current Affairs
Topics: agricultural loans • Corporates • customer outreach initiative • education loan • Home loan • Minister of finance and corporate affairs • Ministry of Finance • MSME • NBFC • Nirmala Sitharaman • Public Sector Banks
Government has appointed Soma Roy Burman, as 24th Controller General of Accounts (CGA) of India with effect from 1 December 2019. With this appointment she has now become 7th woman to hold this position. About Soma Roy Burman She is a 1986-batch Indian Civil Accounts Service Officer (ICAS). During her 3 decade long career, she ..
Category: Awards, Persons & Places in News