-TheNewsMinute.com 25-year-old G Anandhi has received praise from the Governor for her journey to academic excellence. On Tuesday, as 25-year-old G Anandhi stood on a dias beside Tamil Nadu Governor Banwarilal Purohit, with 18 medals for academic excellence and a degree from the Tamil Nadu Veterinary and Animal Science University, she became an inspiration for many. The daughter of a lorry driver from the foothills of Kollimalai in Namakkal district, the young...
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SBI under-reported Rs.11,932 crore of bad loans in FY19, finds RBI report
-The Hindu SBI reports Rs.11,932 crore NPA divergence in FY19 The Reserve Bank of India's (RBI’s) inspection report has found out that State Bank of India (SBI) under-reported Rs.11,932 crore of bad loans in FY19, which has pushed the Bank to report net loss for the financial year 2018-19. The divergence in net non-performing asset (NPA) was also Rs.11,932 crore, the Bank informed the exchanges. According to the RBI, provision requirement for SBI increased...
More »FM Sitharaman says RBI had no objection to electoral bonds issuance by SBI; documents point otherwise -Udit Misra
-The Indian Express It is unclear why the government initially assured the RBI that RBI "alone" will issue electoral bonds as it could not do so under Section 31(3) of RBI Act. On Tuesday, replying to a question in Rajya Sabha raised by DMK’s Tiruchi Siva about what the Reserve Bank’s “indirect” approval to the issuance of electoral bonds meant, Finance Minister Nirmala Sitharaman said: “RBI, being a stakeholder, was involved in...
More »After a heated debate, Rajya Sabha clears Citizenship (Amendment) Bill -Damini Nath & Vijaita Singh
-The Hindu No provision to ‘snatch’ citizenship, says Home Minister Amit Shah; AIADMK, Janata Dal (U) and BJD play a key role in helping push bill through. The Rajya Sabha on Wednesday passed the contentious Citizenship (Amendment) Bill, 2019, with 125 votes in favour and 99 against. The Bill for the first time allows citizenship on the basis of religion to six communities from Pakistan, Afghanistan and Bangladesh. The current strength of...
More »Explained: Why West Bengal is in crosshairs of CAB, NRC -ABantika Ghosh
-The Indian Express In West Bengal, the bone of contention among political rivals for years has been the influx of nearly 1 crore people in 1971 from then East Pakistan — few returned. ASSAM AND the rest of northeast India is on the boil over the Citizenship (Amendment) Bill, 2019, but it is in West Bengal that the proposed legislation will play a critical part if the BJP-led central government goes ahead...
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