The Department of Financial Services (DFS), Ministry of Finance, convened a high-level colloquium today at Vigyan Bhavan, New Delhi, bringing together Chairpersons of Debts Recovery Appellate Tribunals (DRATs) and Presiding Officers of Debts Recovery Tribunals (DRTs). The event was attended by senior DFS officials, representatives of public and private sector…
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India Eyes Bigger Banks via Mergers: FM Sitharaman
Mumbai, Nov 6: Finance Minister Nirmala Sitharaman announced that India is working towards creating more “big banks” by consolidating state-owned lenders and enhancing financial resilience through reforms. Speaking at a public event, she said that the government has already begun discussions with the Reserve Bank of India (RBI) and public…