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The act applies to all the financial institutions established as securitisation companies or asset reconstruction companies registered by the reserve bank of India. Amendments [ edit ] The act was amended by "Enforcement of Security Interest and Recovery of Debts Laws and Miscellaneous Provisions (Amendment) Bill, 2016", passed by Lok Sabha on ...
The Government e Marketplace (or e-Marketplace) ( GeM) is an online platform for public procurement in India. [1] The initiative was launched on August 9, 2016, by the Ministry of Commerce and Industry, Government of India with the objective to create an open and transparent procurement platform for government buyers. [2]
A government auction or a public auction is an auction held on behalf of a government in which the property to be auctioned is either property owned by the government or property which is sold under the authority of a court of law or a government agency with similar authority.
Public Sector Undertakings (Banks) are a major type of government-owned banks in India, where a majority stake (i.e., more than 50%) is held by the Ministry of Finance (India) of the Government of India or State Ministry of Finance of various State Governments of India. The shares of these government-owned-banks are listed on stock exchanges.
The Security Printing & Minting Corporation of India Ltd. ( SPMCIL) is a company under the Department of Economic Affairs, which is a department under the Ministry of Finance. It is responsible for conducting printing and minting activities of the Government of India. It is under the ownership of the Ministry of Finance, Government of India.
The Reserve Bank of India, abbreviated as RBI, is India's central bank and regulatory body responsible for regulation of the Indian banking system. Owned by the Ministry of Finance, Government of India, it is responsible for the control, issue and maintaining supply of the Indian rupee. It also manages the country's main payment systems and ...
Bank of Baroda. Bank of Baroda ( BOB or BoB) is an Indian government Public sector bank headquartered in Vadodara, Gujarat. It is the second largest public sector bank in India after State Bank of India. Based on 2023 data, it is ranked 586 on the Forbes Global 2000 list.
Ajmera Realty & Infra India is a listed company based in Mumbai, India, founded in 1985 as Percolated Steels. It is a flagship company of the Ajmera group worth US$450 million and has core interests in realty, construction, cement, steel rolls and construction-related businesses. The company has diversified into solar power and seamless capsules.
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