Government policies
Yes Bank under moratorium; RBI imposes lending curbs
06 Mar 2020
RBI has assured depositors of the bank that it will explore and draw up a scheme in the next few days for the bank’s reconstruction or amalgamation and with the approval of the central government, put the same in place well before the period of moratorium of 30 days ends
Ten public sector banks to merge into 4 from 1 April
05 Mar 2020
The union cabinet on Wednesday approved the amalgamation of Oriental Bank of Commerce and United Bank of India with Punjab National Bank; Syndicate Bank with Canara Bank; Andhra Bank and Corporation Bank with Union Bank of India; and that of Allahabad Bank with Indian Bank
Coronavirus cases in India swell to 28 as 22 more test positive
04 Mar 2020
With 16 of the new 22 confirmed cases turning out to be tourists from Italy, union health minister Harsh Vardhan said that from now on all flights and passengers will be part of universal screening
LIC's proposed IPO, IDBI stake sale to fetch govt over Rs90,000 cr
03 Feb 2020
Reports say the government is likely to sell a minimum 10 per cent equity in LIC through the proposed initial public offer while also diluting government stake in IDBI Bank