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Re-capitalization and other reforms initiated in banking sector

modi

Prime Minister Narendra Modi on Monday said the government has initiated a series of banking reforms including re-capitalization of PSU banks, change in rules for hiring top management and paper-less transactions to curb the black money menace.

The Prime Minister said the entire banking sector is undergoing major transformation with the advent of latest technology.

“The banking sector is seeing changes. Mobile banking is coming up. Banking will be premises-less and paper-less,” he said at the launch of IDFC Bank here.

NMTV

NMTV was launched in the year 1999, and is Maharashtra only accredited 24-hour, 7-day-a-week local cable news station of Navi Mumbai airing news bulletins and programs in English, Hindi and Marathi. NMTV represents the state-of-the-art in local television news coverage, delivering on a commitment of responsible and community-oriented journalism on an around-the-clock basis.

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