Finance Minister Nirmala Sitharaman on Thursday said the country needs big and world-class banks, and discussions are on with the Reserve Bank and lenders in this regard.
Finance Minister Nirmala Sitharaman on Tuesday allayed apprehension that privatisation of state-owned banks would hurt financial inclusion and national interest. She said the bank nationalisation done in 1969 has not yielded the desired result as far as financial inclusion was concerned.
State-owned banks are prioritising local language skills in their hiring to improve customer service and reduce language barriers.
The award ceremony was held in Hyderabad.
'Krishna garu was completely broken after the death of his son Ramesh Babu and then, Indira Devi.' 'His second wife Vijaya Nirmala was also gone.' 'I think Krishna garu had lost the will to live.'
Telugu movie doyens mourn a legend.
Telugu superstar Mohan Babu's actor son Manoj Manchu got married to Pranathi Reddy in a lavish celebration on May 20 at the Hitex Exhibition Centre in Hyderabad.
A look at the pictures.
Prime Minister Narendra Modi, Bharatiya Janata Party president J P Nadda, Uttar Pradesh Chief Minister Yogi Adityanath and a strong team of Union ministers figure in the list of the party's 40 star campaigners for Karnataka assembly elections next month.
The lyrical beauty of the songs, the exceptional frames that bind beauty and poetry make Neelavelicham a near-perfect tribute to the legendary writer who marvelled at imperfection and despised grammar as much as he hated his writing being edited, observes Divya Nair.
Karnataka would vote on May 10, and the results will be declared on May 13.
In several places, from roof-tops and flyovers, people showered petals and garlands on the truck.
Joker, Thithi, Maheshinte Prathikaram and Pelli Choopulu bag the big awards of the night!
Telugu actor-politician Jayasudha invited her friends and colleagues to the wedding reception of her elder son Nihar Kapoor at Banjara Hills in Hyderabad.
Indications are that the DMK combine will win more seats than the AIADMK and BJP, but is facing a tough fight in about half a dozen from the rest, predicts N Sathiya Moorthy of the electoral contest in Tamil Nadu.
Elon Musk, the owner of Twitter, said he has "killed" the new 'official' label for certain verified Twitter accounts just hours after the feature was visible on multiple handles of governments, politicians, officials and media houses. Just hours after the feature went live, he hinted that it simply didn't work. "I just killed it," he said in a tweet replying to a web video producer Marques Brownlee's tweet of the 'official' label vanishing after a brief appearance.
In the biggest consolidation exercise in the banking space, the government on Friday announced four major mergers of public sector banks, bringing down their total number to 12 from 27 in 2017, a move aimed at making state-owned lenders global sized banks.
The finance ministry on Wednesday allowed all private sector banks to participate in government-related business, like collection of taxes. pension payments and small savings schemes. At the moment, only few large private sector are allowed to conduct government-related business.
Amendments would be required in the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 and the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980 for privatisation, sources said.
It was the first-ever Indian circumnavigation of the globe by an all-women crew, the Navy said.
To involve workers in various social campaigns initiated by Prime Minister Narendra Modi, Bharatiya Janata Party president Amit Shah has formed nine separate committees of senior leaders.
'I have realised that to be happy, you don't need luxury in life.' 'Simple things in life make you happy.'
Even with the elevation of Nirmala Sitharaman to the post of defence minister, the party still needs to redress the gender imbalance and fill the 33 per cent quota in posts.
Siva Sankar looks at S P Balasubrahmanyam's fantastic repertoire.
'We can't have the best of both worlds -- large, efficient, world class government-owned banks, doing social banking and making profits. 'Why not set them free from the shackles of such obligations and run them as business units?' says Tamal Bandyopadhyay.
'Smita Patil was the reason I got into films. She kept telling me to get into films but I said I was happy doing theatre, I don't like films. Today, when I look back, I don't think I disliked films. Maybe I thought who would take me in films? I think it was a complex.' Nana Patekar looks back at his life.
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