The Congress MP demanded a discussion on "the issue of investment by LIC, Public Sector Banks and financial institutions in companies losing market value, endangering the hard-earned savings of crores of Indians."
It is being argued by the opposition parties that the investment of the Adani group in public sector banks such as the SBI and LIC has had a big impact on the savings of the middle class.
Besides reviewing the progress under the social security schemes promoting financial inclusion, public sector banks were exhorted to achieve the targets allocated to them under the schemes for the 2022-23, according to a statement from the ministry of finance.
Manipal (Karnataka) [India], October 21 (ANI/PRNewswire): MCT Cards & Technology Private Limited (MCT), a subsidiary of Manipal Technologies Limited, delivered smart banking kiosks to leading private and public sector banks in India under the recent '75 Digital Banking Units in 75 Distri
New Delhi [India], September 27 (ANI): Finance Minister Nirmala Sitharaman on Tuesday reviewed the performance of credit and other welfare schemes for Scheduled Castes (SCs) in public sector banks during a meeting on Tuesday.
New Delhi [India], September 27 (ANI): Finance Minister Nirmala Sitharaman will review the performance of credit and other welfare schemes for Scheduled Castes (SCs) in public sector banks on Tuesday.
New Delhi [India], September 26 (ANI): Finance Minister Nirmala Sitharaman will review performance of credit and other welfare schemes for Scheduled Castes (SCs) in public sector banks on Tuesday.
Mumbai (Maharashtra) [India], August 19 (ANI): The Reserve Bank of India (RBI) on Friday issued a clarification on a report related to privatisation of public sector banks, as published in August 2022 issue of the RBI Bulletin, saying it does not represent the central bank's views.
New Delhi [India], August 2 (ANI): The Enforcement Directorate (ED) on Tuesday said it has attached 75 immovable properties including 67 windmills, valued at Rs 113.32 crore in total, of Chennai-based Surana Group of Companies under the provisions of the Money Laundering Act.
The action is i
Mumbai (Maharashtra) [India], August 2 (ANI): Extending the winning run to the fifth consecutive session, the Indian stock market's benchmark Sensex closed 21 points higher in a volatile session on Tuesday led by good buying support in the public sector banks and auto stocks.
New Delhi [India], July 27 (ANI): Shiv Sena MP Priyanka Chaturvedi on Wednesday gave a zero-hour notice in Rajya Sabha over "writing off of the non-performing loans of Defaulters by the Public Sector Banks (PSBs)."