Prime Minister Shri Narendra Modi inaugurates IDFC Bank
PM inaugurates IDFC Bank
The Prime Minister, Shri Narendra Modi, today said that the
banking sector is poised to achieve a big boost in growth in rural areas. He
said this would be similar to the growth achieved by the telecom sector some
years ago. The Prime Minister was speaking at the launch of the IDFC Bank in
New Delhi.
The Prime Minister complimented IDFC for its successful
journey of 18 years so far, and said that it was now embarking on a more
challenging role, as it expands into banking, especially in the rural areas. He
said that from helping to build infrastructure, the organization is now
progressing to building lives (jeevan-nirmaan).
The Prime Minister said the entire banking sector is
undergoing major transformation with the advent of latest technology, and the
future of banking would not just be premises-less and paper-less, but also,
eventually, currency-less, and this would help curb black money.
The Prime Minister described the banking sector reforms
being undertaken by the Union Government, especially in areas such as senior
appointments, creation of a bank board bureau, re-capitalization of banks,
de-stressing of assets, empowering bank management through zero-interference,
creation of a framework of accountability through Key Performance Indicators,
and reform of governance of banks.
Union Minister for Finance Shri Arun Jaitley, and Union
Minister of State for Finance, Shri Jayant Sinha were present on the occasion.
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Call on PM by Mr. Kamal Thapa, Deputy Prime Minister and
Foreign Minister of Nepal
The Deputy Prime Minister of Nepal, Shri Kamal Thapa calls on the Prime Minister, Shri Narendra Modi, in New Delhi on October 19, 2015.
Mr. Kamal Thapa, Deputy Prime Minister and Foreign Minister
of Nepal, called on Prime Minister, Shri Narendra Modi, today.
The Prime Minister congratulated Mr. Kamal Thapa on assuming
charge as the Deputy Prime Minister and Foreign Minister of Nepal. The Prime
Minister also conveyed his greetings and best wishes to the new Government of
Nepal.
Mr. Kamal Thapa briefed the Prime Minister about
developments in Nepal.
Prime Minister reiterated that India's only desire is to see
a united, inclusive, stable and prosperous Nepal, and that India is committed
to strengthening the traditional bonds of friendship and kinship with the
people of Nepal.
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