A- A A+
Last Updated : Sep 23 2019 10:23PM     Screen Reader Access
News Highlights
PM Modi addresses UNSG Climate Action Summit            About 500 terrorists trying to infiltrate into India: Army Chief            Govt launches ‘UMMID’ initiative to tackle inherited genetic diseases of newborn babies            We should move towards digital census by 2021: Amit Shah            Sensex zooms 1,075 points; Nifty ends at 11,603           

Business News

Aug 02, 2019
7:34PM

Govt approves proposal given by RBI on draft modalities of guarantee to operationalize Budget announcement

AIR
The government has approved a proposal given by the Reserve Bank of India on draft modalities of the guarantee to operationalize the Budget announcement.

This is in regard to one-time partial credit to the Public Sector Banks for purchase of high-rated assets of financially sound Non-banking financial companies. 

Disclosing this Finance Ministry officials said in New Delhi today, after the approval from the Government, the modalities would be set in motion by RBI.


The Department of Financial Services would put in place an oversight mechanism for this scheme. 


 

Live Twitter Feed

Listen News

Morning News 23 (Sep) Midday News 23 (Sep) News at Nine 23 (Sep) Hourly 23 (Sep) (2000hrs)
समाचार प्रभात 23 (Sep) दोपहर समाचार 23 (Sep) समाचार संध्या 23 (Sep) प्रति घंटा समाचार 23 (Sep) (2200hrs)
Khabarnama (Mor) 23 (Sep) Khabrein(Day) 23 (Sep) Khabrein(Eve) 23 (Sep)
Aaj Savere 23 (Sep) Parikrama 23 (Sep)

Listen Programs

Market Mantra 23 (Sep) Samayki 23 (Sep) Sports Scan 23 (Sep) Spotlight/News Analysis 23 (Sep) Samachar Darshan 22 (Sep) Radio Newsreel 23 (Sep)
    Public Speak

    Country wide 19 (Sep) Surkhiyon Mein 19 (Sep) Charcha Ka Vishai Ha 18 (Sep) Vaad-Samvaad 3 (Sep) Money Talk 3 (Sep) Current Affairs 20 (Sep)