Narendra Damodardas Modi (born 17 September 1950) is an Indian politician serving as the 14th and current Prime Minister of India since 2014. He was the Chief Minister of Gujarat from 2001 to 2014 and is the Member of Parliament for Varanasi. Modi is a member of the Bharatiya Janata Party (BJP) and of the Rashtriya Swayamsevak Sangh (RSS), a Hindu nationalist volunteer organisation. He is the first prime minister outside of the Indian National Congress to win two consecutive terms with a full majority and the second to complete five years in office after Atal Bihari Vajpayee.
RBI board member writes to PM Modi; suggests rescheduling loan accounts
NEW DELHI : Reserve Bank Director Satish Marathe on Thursday urged Prime Minister Narendra Modi that all banks should be asked to reschedule loan accounts to help industry, especially MSMEs, to deal with the impact of coronavirus pandemic. "These are exceptional times and the need is to take exceptional steps," Marathe said in his letter to the Prime Minister.
Merely by injecting Liquidity, reducing interest rates, providing guarantees through SPVs/SIDBI, relaxing delinquency norms in the current year will not result in revival of Indian Economy, he said, while referring to the recent measures announced by the government and RBI to mitigate the impact of the pandemic. "We need to seek active involvement of our banking sector to rebuild the
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Cases: 46 252 513
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Cases: 34 321 025
Deaths: 459 652
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Cases: 8 494 589
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