Public sector insurer The New India Assurance Co Ltd (NIACL) has been reclassified as a 'public shareholder' of Axis Bank from being a 'promoter' earlier.
The country needs over USD 400 billion in capital investment which could save over 100 GW of energy and 1.1 billion tonne of greenhouse gasses between 2015 and 2030.
The Finance Ministry has decided to provide an additional amount of upto 15 thousand crore rupees to States as interest free 50 year loan for spending on capital projects.