For the last several months, the 41-year-old MP from Uttar Pradesh’s Pilbhit has been expressing views on various issues - from farm laws to inflation - that are not in line with the BJP's official stand.
Prime Minister Narendra Modi said banks have to now adopt a partnership model to help businesses thrive and move away from the idea of being a loan approver to a loan applicant.
The parliamentary panel was chaired by BJP leader Jayant Sinha, discussed the pros and cons of crypto finance with various stakeholders, and several members were in favour of regulating crypto-currency exchanges rather than imposing an outright ban on crypto-currencies, according to sources.
The scheme was announced by FM Nirmala Sitharaman in June as part of a Rs 6.29 lakh cr package to provide relief to various sectors affected by 2nd wave of COVID pandemic.
Thousands of customers had waited in long lines to withdraw their savings since the Taliban's takeover of the country in August.
Having partnered with ICICI Bank to allow automatic termination since the launch of faceless services, the Transport Department has received the data of over 7,800 applicants who have loans on vehicles so far.
The foreign currency exchange rates are still in fluctuation as the rates are not stable and change frequently during the day, he said.
The amount of Rs 5 lakh would be provided by the Deposit Insurance and Credit Guarantee Corporation (DICGC).
The Reserve Bank of India (RBI) on Tuesday said it has decided to penalise banks for failure to timely replenish currency notes in ATMs. The move comes amid worries of frequent non-availability of cash in ATMs.
Out of 15 days when banks will remain closed in the month of July, 9 of them will be regional offs which means not all banks in all states will remain closed rather it will be a region-wise holiday.
The Reserve Bank of India on Wednesday imposed a total penalty of Rs 8 lakh on three Maharashtra-based co-operative banks for deficiencies in regulatory compliance.
Reserve Bank of India (RBI) on Thursday asked banks to closely monitor their bad loans and prepare themselves for higher provisioning in the wake of second COVID wave and the Supreme Court order lifting the ban on classification of non-performing assets.
The Reserve Bank on Monday came out with modified guidelines that allow sound private sector banks to undertake government business, whether at the Centre or in states.
The Reserve Bank has decided to review and strengthen the Risk Based Supervision (RBS) of the banking sector with a view to enable financial sector players to address the emerging challenges.
In a major reform step, the Reserve Bank of India (RBI) has capped the tenure of bank MD and CEOs with immediate effect.
Among other things, the respondents will be asked whether the merger was positive from the point of customer services.
The government on Wednesday reduced interest rates on small savings including PPF, one-year time deposit, senior citizen savings schemes. The changes will be effective from April 1, 2021.
Banks will conduct special clearing operations for annual closure of government accounts on March 31, which is the last day of the current fiscal year, the RBI has said.
The RBI had issued guidelines for 'on tap' licensing of universal banks in the private sector in August 2016 and guidelines for 'on tap' licensing of small finance banks in the private sector in December 2019.
Amid bank strike over the proposed privatisation of the public sector banks, Union Minister Nirmala Sitharaman on Tuesday said not all banks are going to be privatised adding the interests of the employees will be taken care of.
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