The Reserve Bank of India is discussing with the government the privatization of public sector banks. According to PTI, Governor Shaktikanta Das said on Thursday that we are discussing with the government about the privatization of public sector banks, the process will be taken forward. He also said that RBI is committed to using all its policy measures to revive the economy while maintaining price and financial stability. "We are discussing with the government the privatization of public sector banks and the process will be taken forward in this context," Das told the Times Network India Economic Conclave. He said that at this time no one is afraid of a lockdown like last year.
It is noteworthy that Finance Minister Nirmala Sitharaman had proposed the privatization of two public sector banks and one general insurance company while presenting the budget of 2021-22 on February 1. In response to a question, he also said that economic revival should continue uninterrupted, there is no need to reduce RBI's 10.5 percent growth projections for FY 2021-22.
Stressing the need for innovation in the financial sector for better delivery of services, the RBI Governor called for effective regulation that promotes innovation. He said, "RTGS and NEFT facility is now available 24 hours. RTGS can transact in different currencies. There is a need to consider the possibility of whether its scope can be extended beyond India as well.
274 crore digital transactions made easy
Das said, "Effective regulation is a priority for the Reserve Bank and there should be no law and regulations that encourage financial technology. He also said that it is our priority to maintain the financial health of the bank sector with a strong capital base, operating system with ethical norms. Das said that technology and innovation have an important role to serve customers better. 274 crore digital transactions were facilitated to provide direct transfer benefits to the people and most of them occurred during the epidemic.
Regarding the cryptocurrency, he said that the central bank is assessing concerns about financial stability in this context. Das said that we have made the government aware of our concerns about cryptocurrency, it is being considered. The government will decide on this. We have made the government aware of our concerns about cryptocurrency, it is being considered, the government will decide on it. I do not think there is any difference in opinion between RBI and the government on cryptocurrency. He said that at this time no one is afraid of a lockdown like last year.
Thala Ajith's craze: 'Valimai' shows at 4 a.m. also Housefull, celebrations celebrated in theaters all night, so many fans gathered that traffic had to be diverted from the streets
South's superstar Ajith Kumar starrer 'Valimai' has been released in theaters across the world on Thursday (February 24). This action-drama film is getting a tremendous response from fans and critics.
Gujarat Election: Owaisi will benefit BJP on Muslim majority seats! The figures of the last elections will surprise
Muslims constitute 9.67 percent of the population in Gujarat. The share of Muslim voters is 15 percent in 34 assembly seats in the state and 20 percent or more in 21 assembly seats. Four seats in
Elections are over, now inflation will be settled: A big increase in the prices of petrol and diesel is fixed, cooking will also be expensive; Know what will change?
Elections are over in 5 states including UP, Punjab, Uttarakhand, Manipur, Goa. After two days i.e. on March 10, the results of all the five states will be declared. After this, the political
Why did the turnout fall in the Haryana Panchayat elections?: 16% less than last time; 3 big reasons including the Adampur by-election
In Haryana, the voter turnout for 'Gaon ki Sarkar' was only 70%. In the Panchayat elections held in 2015, 86% of voting was done. This time, many political meanings are being taken out of the 16% low
There was a long debate in the Supreme Court on the imperative of Covid vaccine, the government said - will answer on every aspect
There was a long debate in the Supreme Court today regarding the necessity of getting the corona vaccine in the country. Eminent lawyer Prashant Bhushan, arguing on behalf of the petitioner, even said
Manjhi said - I do not believe in Ram, he is not God: Ram only characters of Ramayana; They ate Shabari's liar, show someone eating us here
Former Bihar Chief Minister Jitan Ram Manjhi has once again raised questions on the existence of Lord Ram. In a program of Ambedkar Jayanti in Jamui on Thursday, he said that Lord Ram was only a few,
Taliban challenges Pakistan over Durand Line
The possibility of increasing tension between the two countries is now clearly visible on the Durand Line drawn between Afghanistan and Pakistan.
695 Review: Film showing the 500 years of struggle for the construction of Ayodhya temple, read the review here before going to the theatre.
For the devotees of Sanatan Dharma and Lord Shri Ram, the grand event of Prabhu Shri Ram's Pran Pratistha in Ayodhya is no less than a big celebration. After a long struggle of 500 years, the
'Sonia Gandhi has connections with the 'enemies' of Kashmir', BJP MP makes a big allegation on the Gandhi family
The Bharatiya Janata Party (BJP) on Sunday (December 8) once again attacked former Congress President Sonia Gandhi. Despite the US denial, the BJP alleged that Sonia Gandhi has good relations with the
Petrol Price Today: Petrol-Diesel prices stable since May 21, know what are the prices in your city like this?
According to the latest update of Indian Oil Corporation's official website IOCL, the prices of petrol and diesel in the country remain stable. Experts believe that this is due to the softening of
