Browsing: nirmala sitharaman

The writing off the NPAs does not translate to waiving off the amount, said Finance Minister Nirmala Sitharaman in response to a question by DMK Parliamentary leader TR Baalu on Monday in the Lok Sabha during Question Hour

Finance Minister Nirmala Sitharaman on Monday defended a proposal to cut interest rate paid on employees’ provident fund deposits to over four-decade low of 8.1 per cent, saying the rate is dictated by today’s realities where interest rate on other small saving instruments was even lower.