The Centre is stepping up its efforts to make the tax assessment process less tedious and more transparent.
The government said that it would help both IDBI and LIC to improve their financial health.
Unions are ill informed about amalgamation of banks: Nirmala
While PNB will become the second-largest PSB after SBI, Canara Bank will be 4th largest.
The toss is between reducing borrowing and funding stimulus.
Global brokerage houses turn bullish on India after Friday.
Sitharaman has sought to increase liquidity in the hand of the consumer in the form of easier access to loans.
Subramanian sees moral hazard in giving relief.
RBI underscores worries about near 5-year low economic growth pace.
The task force was supposed to submit its report by May 31, but the deadline had been extended to August 16.