Ga onbeperkt met Magzter GOLD
Krijg onbeperkte toegang tot meer dan 9000 tijdschriften, kranten en Premium-verhalen voor slechts
'Will take decisive steps to stabilise banking system'
Business Standard
|June 01, 2024
FM says the Modi government had turned banks into 'pillars of Jan Kalyan'
Union Finance Minister Nirmala Sitharaman on Friday said the government is dedicated to expanding formal banking access and will continue to take decisive measures to strengthen and stabilise the banking system.
This will ensure that banks support India's growth path to Viksit Bharat by 2047.
"Our government has 'banked the unbanked' and 'funded the unfunded', in line with the ethos of Antyodaya. We remain committed to further driving financial inclusion and empowering the underprivileged," Sitharaman said in a series of posts on 'X.
FM also said the 'Samudra Manthan' of sorts in the banking sector under PM Narendra Modi's leadership yielded positive results along with expected challenges during the 'churn'.
Dit verhaal komt uit de June 01, 2024-editie van Business Standard.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN Business Standard
Business Standard
PE-VC investments at $33 bn in '25
Mega deals slide slightly; IT and BFSI lead sector investments
1 mins
January 01, 2026
Business Standard
RBI red-flags bank-NBFC interlink risks
Banks acquiring 80% assets through a limited number of NBFCs
2 mins
January 01, 2026
Business Standard
Precious metals outshine stocks in 2025 amid global volatility
Nearly 60% of the top 1,000 listed stocks delivered negative returns
1 mins
January 01, 2026
Business Standard
Weakness in ₹, broader equity market shrinks India's billionaire club in 2025
Top IPO promoters
3 mins
January 01, 2026
Business Standard
EV Policy 2.0: Delhi govt to meet five auto firms, Siam
Meeting scheduled on Jan 2 as capital remains in a smog of pollution
2 mins
January 01, 2026
Business Standard
Year of hope
India must aim to sustain the growth momentum
2 mins
January 01, 2026
Business Standard
Eight more cos to get incentives under auto PLI
Three vehicle makers, five auto part makers to get benefits from FY27
2 mins
January 01, 2026
Business Standard
Centre notifies revised draft rules for labour codes, seeks stakeholders' responses
The Ministry of Labour and Employment on Wednesday notified the revised draft rules for the four new Labour Codes, providing clarity on certain provisions such as gratuity payments and retrenchment of workers.
1 mins
January 01, 2026
Business Standard
Oyo parent files for ₹6,650 cr IPO via confidential route
Oyo’s parent firm Prism has filed confidential draft red herring prospectus (DRHP) papers with the markets regulator to raise up to %6,650 crore through an initial public offering (IPO), which would be the third attempt by the global travel technology company at public listing.
2 mins
January 01, 2026
Business Standard
External uncertainties may trigger outflows, Fx rate volatility: RBI
The Reserve Bank of India (RBI) has cautioned that the country's economy faces near-term risks largely from external uncertainties, including the possibility of a sharp correction in US equities that could trigger foreign portfolio outflows, heighten exchange rate volatility and tighten domestic financial conditions.
2 mins
January 01, 2026
Listen
Translate
Change font size