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piyush goyal to meet heads of 13 public sectors banks on tuesday




finance minister piyush goyal will meet heads of 13 public sectors banks (psbs) on tuesday to resolve various issues concerning them. according to sources, the meeting is being organised by state bank of india (sbi) and will be chaired by goyal here. in all heads of 13 psbs will participate in the m...



'bad bank' back on table: piyush goyal says panel will decide on arcs




the proposal on transferring non-performing assets (npas) of public sector banks (psbs) to special purpose vehicles — asset reconstruction companies or asset management firms — is back on the agenda. a panel headed by sunil mehta, chief executive officer, punjab national bank, would give recomme...



piyush goyal to meet chief executives of six psbs to discuss bad loans




union finance minister piyush goyal will hold a meeting with the chief executives of six delhi- and kolkata-based public sector banks (psbs) on tuesday (june 19) to chart a road map for cleaning up their balance sheets and boost credit flows. chief executives and other top management officials of pu...



psbs to focus on credit needs of 'genuine' companies, says piyush goyal




public sector banks (psbs), in a meeting with finance minister piyush goyal on tuesday, have decided to chalk out a road map for supporting the credit needs of “genuine” companies. the banks would take up the credit needs of “genuine, deserving, well-performing and good companies” in two sta...



psu banks extend gain; uco bank, dena bank up 5%




shares of select public sector undertaking (psu) banks were quoting higher for the third straight trading days ahead of the finance minister piyush goyal meeting today with the chief executives of 15 public sector banks (psbs) in mumbai. dena bank, uco bank and corporation bank were up 5% each, whil...



govt fixed responsibility on big defaulters: goyal




blaming the previous upa government for the current banking sector stress, railway minister piyush goyal said this government has fixed responsibility on big defaulters and banks are being strengthened through various measures.before bjp came to power, banks were pressurised to give loans aggressive...



banking sector crisis: govt fixed responsibility on defaulters, says goyal




blaming the previous upa government for the current banking sector stress, railway minister piyush goyal said this government has fixed responsibility on big defaulters and banks are being strengthened through various measures.before bjp came to power, banks were pressurised to give loans aggressive...



panel to take a call on asset reconstruction company for tackling bad loans




indian bankers wish to set up a mechanism for faster resolution of stressed accounts, finance minister piyush goyal said on friday, emphasising the government was committed to giving full support to all 21 public sector banks. a panel under punjab national bank chief sunil mehta will give recommenda...



congress demands piyush goyal sacking




the congress on wednesday demanded the sacking of railway minister piyush goyal for his alleged links with a private firm whose outstanding bank loans were waived after the modi government came to power.congress leaders also demanded an investigation by a sitting supreme court judge into goyal's all...



psu banks extend gain; pnb, corporation bank up over 4%




shares of public sector undertaking (psu) banks were quoting higher for the fourth straight trading sessions with nifty bank surging 6.5% as compared to 2% rise in the benchmark nifty 50 index. state bank of india (sbi), punjab national bank (pnb), bank of india, bank of baroda, oriental bank of com...



piyush goyal unveils solar mini grids project at afdb meet




bs reporter  |  ahmedabad  may 24, 2017 last updated at 20:11 ist



coal india's output increases to 567 mn tonnes in fy18: piyush goyal




state-owned coal india's output increased by 105 million tonnes (mt) in the last four years to reach 567 mt in 2017-18, union minister piyush goyal said on monday. the remarks come at a time when the country is facing coal shortages.coal india ltd's output has increased from 462 mt in 2013-14 to 567...



huge appetite for further global investments in india: piyush goyal




there is a huge appetite for continuous surge in foreign investments in india with no comparable opportunity available worldwide, union minister piyush goyal said on tuesday, even as he saw india's role at international platforms growing into a leader being looked into for solving problems of a 'fra...



piyush goyal assumes additional charge of finance ministry; india legal had pred




want create site? find free wordpress themes and plugins.india legal in its delhi durbar column had predicted that piyush goyal, union railway minister will be given additional charge of finance ministry until jaitley is back (he went through a kidney transplant and is recuperating). the prediction...



news digest: videocon case, taj mansingh auction, ibc ordinance, and more




icici bank and its managing director and chief executive officer, chanda kochhar, have sought more time to respond to a show-cause notice served by the securities and exchange board of india (sebi). according to sources, they have written to the regulator, requesting it to share documents on the bas...



no power tariff hike post gst, says goyal




power tariff will not go up in the country post gst, union power and coal minister piyush goyal said on thursday. “i don’t see any possibility of a spike in the power tariff due to the implementation of the goods and services tax. there could be one or two paise variation (per unit of electricit...



problem in railways not new, accumulated during upa years: piyush goyal




union railway minister piyush goyal on saturday in a veiled attack lambasted the united progressive alliance (upa) government saying that the problem in the indian railways is not new; it was given to the national democratic alliance (nda) in 2014 as inheritance. "i am not giving an excuse, but prob...



media baron or politician, nobody immune from probe: piyush goyal




union minister piyush goyal today said ndtv founder pranoy roy and his company should face investigation in connection with the alleged loss caused to a private bank, stressing that nobody enjoyed immunity from being probed."i don't think anybody should shy away from investigation ... just because y...



pmo takes stock of rbi's new provisioning norms for stressed loans




prime minister narendra modi took stock of various economic issues at a meeting with officiating finance minister piyush goyal and officials on tuesday. hasmukh adhia, finance secretary, and rajiv kumar, financial services secretary, were present. separately, the pm’s office (pmo) discussed issues...



india will soon become a self-reliant economic superpower: piyush goyal




minister of railways and coal piyush goyal on thursday said startup india, a dream project of prime minister narendra modi’s, was very important in today’s time. “when traditional business practices are becoming extraneous, the future is in start up india and stand up india,” he said. speaki...



railways can generate 1 mn jobs but the system is slow: piyush goyal at wef




“we have the potential to create no less than a million jobs around railways if we can provide an enabling environment,” said minister of railways and coal piyush goyal at the world economic forum’s india summit on thursday.  while railways is already one of the country’s biggest employer...



over 4,000 villages to be electrified by 2018: piyush goyal




ani  |  new delhi  may 3, 2017 last updated at 23:07 ist



day of reckoning has come for corrupt




finance minister arun jaitley said on tuesday that people in high places buying assets through shell firms is not a “small matter” and “the day of reckoning has come for many”.responding to charges by former finance minister p chidambaram and the congress that the modi government was pursuin...



despite protests, goyal still hopeful of getting land for bullet train




even as protests continue against the bullet train project in pockets of maharashtra and gujarat, railway minister piyush goyal on monday exuded confidence that he does not see "any stress" in getting the land needed for the ambitious project, primarily on the increased compensation that government ...



ready to explain gst to rahul, says goyal




union power minister piyush goyal took a jibe at congress vice-president rahul gandhi for calling good and sales tax a ‘half-baked’ reform, saying that he was always ready to explain to him about the gst "but let him return to india first."speaking at an event a day after the gst rollout, he sai...