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Official Account of the Ministry of Finance, Government of India.
New Delhi
Joined July 2014
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Union Finance Minister Smt. @nsitharaman chaired a meeting to review the preparedness of Public Sector Banks #PSBs in wake of the stress in banking systems in the US and Europe
Read more ➡️ pib.gov.in/PressReleaseIfram…
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Union Finance Minister Smt. @nsitharaman chaired a meeting to review the preparedness of Public Sector Banks #PSBs in wake of the stress in banking systems in the US and Europe
Read more ➡️ pib.gov.in/PressReleaseIfram…
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The meeting was also attended by Union Minister of State for Finance Dr @DrBhagwatKarad; Dr. Vivek Joshi, Secretary @DFS_India; and MDs & CEOs of Public Sector Banks, besides other senior officals of @FinMinIndia.
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👉 During the meeting, FM Smt. @nsitharaman advised #PSBs to focus on:
✅ Preparedness with due diligence through adherence to the regulatory framework by focusing on risk management, diversification of deposits and assets base.
Cont/...
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✅ Looking at business models closely to identify stress points, including concentration risks and adverse exposures.
✅ Using this opportunity to frame detailed crisis management and communication strategies
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✅ Remaining vigilant about the interest rate risks and regularly undertake stress tests.
✅ Leveraging the full potential of branches opened in International Financial Services Centres in GIFT City Gujarat @GIFTCity_
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Ministry of Finance retweeted
Finance Minister @nsitharaman chairs a meeting to review the performance of Public Sector Banks in New Delhi on various financial, efficiency and health parameters.
@FinMinIndia
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Ministry of Finance retweeted
CBDT signs 21 Advance Pricing Agreements(APAs) in a single day!
Landmark achievement in the history of Indian APA prog as 8 Bilateral & 13 Unilateral Agreements signed on 24.3.2023 marking a single-day record!
An affirmation of Govt’s commitment to provide certainty to taxpayers.
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Session 1️⃣ | Day 2️⃣ at the 2nd Framework Working Group #FWG meeting concludes after productive discussions on "Climate change and its macroeconomic impact" under #G20India Presidency in #Chennai
@g20org #TamilNadu #SDGs #savetheplanet #globalwarming @IMFNews
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A session on the sidelines of 2nd Framework Working Group #FWG meeting focussed on " 🌍 #ClimateChange and its Impact" under #G20India Presidency in Chennai.
@g20org #TamilNadu #SDGs #savetheplanet #globalwarming
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Day 2⃣ of the 2nd #FWG Meeting will feature a side event that will examine the significant issue of climate change. The meeting will also delve into the macroeconomic impact of climate change and transition pathways.
Here is an overview of the agenda for the day.
#G20India
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Union Finance Minister Smt. @nsitharaman chairs the meeting to review performance of Public Sector Banks #PSBs on various financial, efficiency and health parameters. (1/2)
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The meeting is also being attended by Union Minister of State for Finance Dr @DrBhagwatKarad, Secretary @DFS_India, Chairman @TheOfficialSBI and MDs & CEOs of Public Sector Banks. (2/2)
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Ministry of Finance retweeted
You can file your Updated Return for A.Y. 2020-21 till
31 March, 2023
Don't Delay. File Today.
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Day 02 of the 2nd Framework Working Group #FWG meeting begins with side event, presentations, and sessions discussing #Climatechange , its macroeconomic impact & way ahead, today in #Chennai under #G20India Presidency
Here is the agenda of the day
@g20org #TamilNadu
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Ministry of Finance retweeted
Govt increases Dearness Allowance and Dearness Relief by 4%. It will benefit 47.58 lakh central govt employees & 69.76 lakh pensioners. Combined impact on the exchequer on account of both DA & DR would be Rs. 12,815.60 crore per annum.
pib.gov.in/PressReleseDetail…
#CabinetDecisions
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Ministry of Finance retweeted
The second day of HAL OFS closed with good interest from retail investors and 1.23 times subscription. With this, HAL is now MPS compliant. We thank all investors for their participation.
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Session 2️⃣ on Day 1️⃣ began with an agenda of discussing the food and energy report & results of the food and energy insecurity survey, at the 2nd Framework Working Group #FWG meeting in #Chennai under #G20India Presidency.
@g20org @pibchennai @IMFNews @WorldBank @OECD @IEA @FAO
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Session 1️⃣ on Day 1️⃣ of the 2nd Framework Working Group meeting saw presentations from @IMFNews @OECD and @WorldBank on "Global Economic Outlook" in #Chennai under #G20India Presidency.
@g20org @pibchennai
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Ministry of Finance retweeted
MUDRA loans for micro units/enterprises setup under Joint Liability Group (JLG) framework (individually or jointly) are now eligible for guarantee coverage under Credit Guarantee Fund for Micro Units (CGFMU).
@FinMinIndia @nsitharamanoffc
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