Minister of State for Finance, Jayant Sinha on Thursday said the government is working on the extradition of liquor baron Vijay Mallya from Britain, who is on a run after owing more than Rs 9,000 crores to the banks.
Seeking to clear the air on a second term for RBI Governor Raghuram Rajan, Union Minister of State for Finance Jayant Sinha today said Prime Minister Narendra Modi and Finance Minister Arun Jaitley will take a call on this "a
Reiterating Prime Minister Narendra Modi’s view that a decision on extending the tenure of Reserve Bank of India (RBI) governor Raghuram Rajan would be taken at an appropriate time, minister of state for finance Jayant Sinh
Terming the banks non-performing assets (NPAs), or bad loans, issue a serious concern to the economy, Union Minister of State for Finance Jayant Sinha has said the government was working to sort it out and reduce NPAs.
India is looking to start a "significant" fund that will invest in distressed loans held by lenders, the country's junior finance minister said on Tuesday, as regulators strive to clean-up non-performing loans in the struggli
Lok Sabha today passed a bill allowing the central government to withdraw Rs 66.07 lakh crore from the consolidated fund to meet its expenditure during 2016-17, thus completing the second phase of the budgetary exercise.