Lok Sabha passes bill to create National Bank for Financing Infrastructure and Development

Mar 23, 2021

New Delhi [India], March 23 : The Lok Sabha on Tuesday passed a bill that seeks to set up a statutory institution to be...

UK and India launch major Infrastructure Financing Bridge

Sep 05, 2024

The UK and India have launched the UK-India Infrastructure Financing Bridge (UKIIFB), a new initiative to boost sustainable infrastructure investments in India. The partnership,...

Union government releases Rs 1.42 Lakh Crore in tax devolution to state governments

Mar 01, 2024

According to a press release, this move is aimed at providing much-needed support to state administrations in financing various social welfare programs and infrastructure...

India, UK enter into partnership on Infrastructure Policy and Financing

Oct 28, 2020

New Delhi [India], October 28 : Finance Minister Nirmala Sitharaman and Rishi Sunak, UK Chancellor of the Exchequer, on Wednesday signed the joint statements...

Centre releases Rs 72,961 cr as additional installment of tax devolution to States

Dec 22, 2023

The central government has authorised the release of an additional instalment of tax devolution amounting to Rs 72,961 crore to state governments for financing...

With clean balance-sheet Indian Banking sector has enough opportunity for growth: K V Kamath

May 17, 2024

India's banking sector is ready and fit to support the growth of India in the coming years highlights KV Kamath, Chairman, National Bank for...