<p>Union Finance Minister Nirmala Sitharaman will address the media at 5 pm on Thursday. While it is not yet known what the FM will be speaking about, speculation is rife that she will announce the cabinet clearance for the bad bank proposal.</p>.<p>The Union Cabinet on Wednesday cleared a proposal to provide government guarantee to security receipts issued by the National Asset Reconstruction Company (NARCL) as part of resolution of bad loans, sources told PTI.</p>.<p>The cabinet on Wednesday announced major relief packages for telecom and auto sectors.</p>.<p><em>(With PTI inputs)</em></p>.<p><strong>Check out latest DH videos here</strong></p>
<p>Union Finance Minister Nirmala Sitharaman will address the media at 5 pm on Thursday. While it is not yet known what the FM will be speaking about, speculation is rife that she will announce the cabinet clearance for the bad bank proposal.</p>.<p>The Union Cabinet on Wednesday cleared a proposal to provide government guarantee to security receipts issued by the National Asset Reconstruction Company (NARCL) as part of resolution of bad loans, sources told PTI.</p>.<p>The cabinet on Wednesday announced major relief packages for telecom and auto sectors.</p>.<p><em>(With PTI inputs)</em></p>.<p><strong>Check out latest DH videos here</strong></p>
