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Banks Board Bureau to be set up soon: Secretary

The Bureau is likely to be a six-member board comprising former CMDs of banks and financial services sector experts.

Economy needs $800 billion annually for 7% growth: Adia

India needs USD 800 billion (Rs 50 lakh crore) annually if the economy is to grow at 7 percent, Financial Services Secretary Hasmukh Adia said Monday.

PSU banks to hit market after Oct to raise capital: Sandhu

Government shareholding in various banks varies between 56.26 percent to 88.63 percent.

Banking Secy Rajiv Takru to meet heads of PSU banks on June 6

The secretary would also review the annual financial performance, asset quality and credit inflow to productive sectors.

Rajiv Takru is the new Financial Services Secretary

Senior IAS officer Rajiv Takru on Friday took charge as Secretary in the Department of Financial Services.