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Finance Minister said- Public sector banks were in the worst phase...

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Finance Minister Nirmala Sitharaman said during a lecture at Columbia University on Wednesday that the tenure of former Prime Minister Manmohan Singh and former RBI Governor Raghuram Rajan was the worst period for public sector banks. During his time loans were given on the phone of close leaders. PSU banks are still dependent on capital from the government to get out of that morass. Sitharaman said that now it is his priority to help all public sector banks.

India ready to comply with global sanctions, but need to maintain...

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In an interview on Tuesday, present finance minister Nirmala Sitharaman remarked that India is willing to show utmost compliance with global sanctions, like that...
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