Top headlines: Plan for 75 digital banks, IPL broadcast rights, and more

Business Standard brings you the top headlines on Wednesday

Govt setting up 75 digital banks this year, says FM Nirmala Sitharaman

India is planning to set up “digital only” banks and non-banking financial companies (NBFCs) to ensure that business continuity in the lending system is not affected even in exceptional times. In her first public appearance before the Atlantic Council think tank, Union Finance Minister Nirmala Sitharaman told a select Washington audience that the government had made efforts to achieve macroeconomic stability by recapitalising banks and increasing foreign exchange reserves. Read more

Oil & gas assets: Centre eyes innovative ways for asset monetisation

Taking a leaf