News: The government will infuse capital in public sector banks in the next three to six months. Finance Minister Arun Jaitley has earmarked Rs 7,940 crore in the Budget for recapitalisation of public sector banks (PSBs) during the current financial year. In 2014-15, the government had injected Rs 6,990 crore ...

News: The government is planning to infuse about Rs 57,000 crore in public sector banks in two years. This is a significant change in the government’s approach and will be beneficial for credit profile of state-run banks. Union finance secretary Rajiv Mehrishi said, ” What we are aiming at is ...

News: In 2012-13, when Maharashtra state faced a severe drought-like situation, Prabhakar Deshmukh, the then Pune Municipal Commissioner, conceptualized a Jalyukta Gaon Abhiyan in five districts of Pune division: Pune, Satara, Sangli, Kolhapur and Solapur. The programme was funded by Integrated Watershed Management Programme of 2008 and Mahatma Gandhi National Rural Employment ...