Deccan Chronicle

The finance minister also highlighted that non-performing assets (NPAs) of banks are at their lowest level ever, providing a stronger foundation for the banking sector to undertake further reforms and support economic growth. The ideas emerging from the banking leadership could provide substantive inputs to the committee and help the government move rapidly on its recommendations, she said

Nirmala Sitharaman says committee will review banking sector and align it with India's next phase of growth

The Centre has introduced schemes under which even street vendors can avail bank loans without collateral: Nirmala Sitharaman

If the licence is granted, Zerodha will be able to manage Initial Public Offerings (IPOs), advise companies on fund raising, and offer other merchant banking services.

Speaking at a media interaction in Hyderabad, senior bank officials said Telangana continues to be an important market for the lender across retail, affluent, MSME and corporate banking segments.

Tummala said the government is taking measures to ensure timely sanction of agricultural loans and delivery of other banking services to the public.

In a post on X, the finance minister's office said that the Jan Dhan scheme has ensured that benefits under welfare schemes.

The board stated that as of 9:30 am on Wednesday, nearly 40,000 students had successfully completed the application process through the facility without facing any issues

Officials added that reduced vessel stay would lower fuel consumption and emissions, contributing to environmentally sustainable port operations.

Banking sources indicate that Kadapa, Kurnool and Nandyal districts are recording a gradual but consistent increase in NPAs.

Union finance minister Nirmala Sitharaman had proposed setting up a high-level committee on banking to comprehensively review the banking sector.

Earlier, the bench expressed displeasure over the eluctance shown by the CBI and the ED in probing the alleged large-scale banking fraud involving ADAG and its firms