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finance department extends deadline for fund sanction

the state finance department has extended the deadline for issue of allotment, sanction and release of funds, re-appropriation of funds, surrender of provisions and drawal of funds for the remaining part of the current financial year.

timeline: second financing package for greece

euro zone finance ministers are expected to approve a second financing package for greece on monday, which aims at reducing greek debt towards 120 percent of gross domestic product by 2020 from 160 percent ...

consumer-finance watchdog probes overdraft fees

the government's new consumer-watchdog agency is launching a probe into costly overdraft fees charged by big banks.

finance ministers look to sign off on greek deal

brussels -- eurozone finance ministers met on monday, expressing optimism they would agree on a long-awaited debt restructuring and second bailout for greece, but fundamental doubts remain about the economic and political viability of the plan pushed by greece's international creditors. the restructuring and €130-billion ($171-billion) aid package addresses...

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