“Banks have written off ₹11.17 lakh crore bad loans from their books in the last six years till financial year 2021-22,” Parliament was informed on December 20. The non-performing assets (NPAs), including those in respect of which full provisioning has been made on completion of four years, are removed from the balance sheet of the … Read more
New Delhi: There was no proposal under consideration of the central government for restoration of the old pension scheme, Minister of State for Finance Bhagwat Karad informed Parliament on Monday. Under the old pension scheme, employees get a defined pension. Under this, an employee is entitled for a 50 per cent amount of the last … Read more
The former Aurangabad mayor studied at Mumbai’s KEM Hospital before joining politics. (Twitter/IE File) Dr Bhagwat Karad, the Union Minister of State for Finance, attended to an in-flight medical emergency while travelling from Delhi to Mumbai. The Rajya Sabha MP attended to a passenger who suffered vasovagal syncope that leads to fainting. Dr Karad told The … Read more