TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All News
of of All News
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Union Minister: No Plans to Capitalize Private Banks; Focus on Boosting Credit Flow and Supporting MSMEs, Infrastructure.</h1> The government has no current plans to capitalize private banks, as stated by the Union Minister of State for Finance. The Union Budget for 2020-21 includes capital infusions of Rs. 10,000 crore for India Infrastructure Finance Company Limited and Rs. 200 crore for Industrial Finance Corporation of India Limited. Measures to boost credit flow include classifying certain bank credits to NBFCs as priority sector lending, co-originating loans with NBFCs, and launching schemes like the Liquidity Infusion Facility and Partial Credit Guarantee Scheme. Additional initiatives support MSMEs and infrastructure projects, with relaxed regulations and increased lending capabilities for banks.
TaxTMI 
TaxTMI 
