Ministry

No plan to merge PSBs; recovery from written-off loans improved: Finance Ministry
- By Ethan Caldwell
- . March 18, 2025
No merger or amalgamation of Public Sector Banks (PSBs) is on the cards, the Finance Ministry informed Rajya Sabha on Tuesday. It also presented data

Low fund utilisation plagues Housing and Urban Affairs Ministry
- By Ethan Caldwell
- . March 13, 2025
India’s Ministry of Housing and Urban Affairs (MoHUA) has not been able to make requisite spending across projects and fund utilisation. Just about 50 per

Parliamentary panel raises concern over underutilisation of funds by rural development ministry
- By Ethan Caldwell
- . March 12, 2025
Casting doubts about the Rural Development Ministry’s ability to utilise the unspent 35 per cent of Budget allocation of about ₹1.74 lakh crore (Revised Estimate),

Finance Ministry notifies 10-year Zero Coupon Bond of Power Finance Corporation
- By Ethan Caldwell
- . March 11, 2025
Finance Ministry has notified Zero Coupon Bond (ZCB) for Power Finance Corporation. The company can raise up to ₹10,000 crore. ZCB is an instrument that
