Nirmala Sitharaman holds pre-Budget consultations

Hindustan Times | Jun 14, 2019 at 7:11 AM
  • Financial sector and capital market experts on Thursday suggested that finance minister Nirmala Sitharaman review interest rates on the government’s small savings schemes and create a dedicated liquidity window for non-banking financial companies (NBFCs) to make cheaper loans available to industry that can boost investments and accelerate growth.
  • With a view to give a boost to the market, the stakeholders submitted several suggestions, including infusion of capital in niche and regional banks and enhancing the role of the Financial Sector Development Council.
  • Besides Sitharaman, the meeting was attended by minister of state for finance Anurag Thakur and senior finance ministry officials.