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FM Calls for Affordable Loans | New Ad Guidelines for Coaching Classes | Top Of The Morning | English Podcast | Top Headlines On 19th November

Union finance minister Nirmala Sitharaman on Monday called for bank lending rates to be more affordable, the second senior minister to highlight the matter in less than a week. Last week, Union Commerce Minister Piyush Goyal said that the RBI must cut interest rates. The central bank’s monetary policy committee (MPC) has held interest rates unchanged since February 2023.

IAS coaching institutes will face closure and licence cancellation if found violating new guidelines on misleading ads released. Coaching institutes will have to give refunds if they fail to deliver the services claimed in their advertisements.

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