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What about Indian Experience as Long term sources of finance are concerned?
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What is the email address of Indian finance minister?
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What is modified MPBF system in Indian context?
MPBF stands for Maximum Permissible Banking Finance in Indian Banking Sector. MPBF guidelines were suggested in Tandon commettee which were being followed by Indian Banks with lot of stringency. Corporates faced lot of problem in getting Finance from banks on account of stringency of the norms and they had to resort to other sources of finance at a higher cost these norms were dissolved. Consequently SBI, India's largest bank came out with its own guidelines which were on the similar lines but with relaxed norms which are being followed by all banks with slight personalisation and referred to as modified MPBF System in Indian context.
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Name of current finance minister of india?
The current Indian Minister of Finance is Chidambaram Palaniappan. He was appointed to this position in August 2012, following the previous Minister of Finance (Manmohan Singh)'s presidential election victory. Chidambaram had previously served as finance minister from 1996-97 and from May 2004-November 2008.