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How FI-MEN, a technology, is helping in mobilising finance for EVs in India

New Delhi [India], March 29 (ANI/PNN): India is inching toward becoming a fully Electric Vehicle (EV) nation by 2030 with optimistic sales figures and the unveiling of a host of new models by automobile manufacturers. ....

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'Iron fist needed': Congress slams Centre for 'weakening banking system'


 
New Delhi [India], June 1 (ANI): Congress spokesperson Gaurav Vallabh on Monday hit out at the Centre alleging that the failure of the Central government in controlling the COVID-19 situation in the country dealt a heavy blow to the economy.
Vallabh alleged that the Central government has weakened the banking system in the country.
This comes days after the Reserve Bank of India (RBI) said: The March 2021 round of the Reserve Bank s consumer confidence survey (CCS) showed a worsening consumer sentiment on the back of deteriorating sentiments on general economic situation, income and prices.
In a press conference, Vallabh said, One of the important parts of the RBI Annual Report was the data around cases of bank frauds. The cases and amount of bank frauds have been on a rapid rise since 2014-15. In the year 2020-21 alone, the total amount of fraud was Rs 1.38 lakh crore. Although, the RBI and other agencies have tried to portray the fraud numbers for 20 ....

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