Gallery
- PM Modi visit USAOnly the mirror in my washroom and phone gallery see the crazy me : Sara KhanKarnataka rain fury: Photos of flooded streets, uprooted treesCannes 2022: Deepika Padukone stuns at the French Riviera in Sabyasachi outfitRanbir Kapoor And Alia Bhatt's Wedding Pics - Sealed With A KissOscars 2022: Every Academy Award WinnerShane Warne (1969-2022): Australian cricket legend's life in picturesPhotos: What Russia's invasion of Ukraine looks like on the groundLata Mangeshkar (1929-2022): A pictorial tribute to the 'Nightingale of India'PM Modi unveils 216-feet tall Statue of Equality in Hyderabad (PHOTOS)
Hockey India on Monday announced the 20-member squad for the Men's Junior Asia Cup, a qual
- Harmanpreet Singh named FIH Player of the Year, PR Sreejesh gets best goalkeeper award
- World Boxing medallist Gaurav Bidhuri to flag off 'Delhi Against Drugs' movement on Nov 17
- U23 World Wrestling Championship: Chirag Chikkara wins gold as India end campaign with nine medals
- FIFA president Infantino confirms at least 9 African teams for the 2026 World Cup
- Hockey, cricket, wrestling, badminton, squash axed from 2026 CWG in Glasgow
Recent reforms have made banks' financial health strong: PM Narendra Modi Last Updated : 18 Nov 2021 05:29:40 PM IST Prime Minister Narendra Modi on Thursday said that Centre's banking reforms during the past six-to-seven years have supported the sector in "every way".
Addressing a conference themed 'Creating Synergies for Seamless Credit Flow and Economic Growth', he said these reforms have improved banking sector's overall health, because of which it is in a "very strong" position today."We addressed the problem of 'NPAs', recapitalised banks and increased their strength. We brought reforms like IBC, reformed many laws and empowered debt recovery tribunal. A dedicated 'Stressed Asset Management Vertical' was also formed in the country during the Covid-19 period," he said."Indian banks are strong enough to play a major role in imparting fresh energy to the country's economy, for giving a big push and making India self-reliant."Addressing the gathering via video link, he said this is the time for the sector to support wealth creators and job creators."It is the need of the hour that now the banks of India work proactively to bolster the wealth sheet of the country along with their balance sheets," he said.Additionally, he mentioned that the steps taken in the recent past have created a strong capital base for the banks.Furthermore, he pointed out that banks' sufficient liquidity and no backlog for provisioning of 'NPAs' -- which is at the lowest in the last five years, have led to upgrading of outlook for the Indian banks by the international agencies.Also, banks have a crucial role to play in making the recently announced production-linked incentive (PLI) projects viable through their support and expertise, he added.Recently, 'PLI' schemes were announced to incentivise select sectors in increasing their capacity manifold and helping them become competitive globally.IANS New Delhi For Latest Updates Please-
Join us on
Follow us on
172.31.16.186