A- A A+
Last Updated : Oct 16 2019 12:57PM     Screen Reader Access
News Highlights
India will not allow its share of water to flow to Pakistan, says PM Modi            J&K govt to set up 50 PCOs in each district of Kashmir division            Centre to advice all states to hold regular meetings with wholesalers, traders to check hoarding of essential food items            NGT asks UP, Haryana and Punjab to depute a person to report daily on stubble burning            Britain, Spain join other major powers in suspending military exports to Turkey           

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 16 (Oct) Midday News 15 (Oct) News at Nine 15 (Oct) Hourly 16 (Oct) (1200hrs)
समाचार प्रभात 16 (Oct) दोपहर समाचार 15 (Oct) समाचार संध्या 15 (Oct) प्रति घंटा समाचार 16 (Oct) (1205hrs)
Khabarnama (Mor) 16 (Oct) Khabrein(Day) 15 (Oct) Khabrein(Eve) 15 (Oct)
Aaj Savere 16 (Oct) Parikrama 15 (Oct)

Listen Programs

Market Mantra 15 (Oct) Samayki 15 (Oct) Sports Scan 15 (Oct) Spotlight/News Analysis 15 (Oct) Samachar Darshan 13 (Oct) Radio Newsreel 15 (Oct)
    Public Speak

    Country wide 10 (Oct) Surkhiyon Mein 10 (Oct) Charcha Ka Vishai Ha 9 (Oct) Vaad-Samvaad 15 (Oct) Money Talk 15 (Oct) Current Affairs 11 (Oct)