New Delhi, Nov 4 : Union Finance Minister P. Chidambaram met the head of the Public Sector Undertaking (PSU) banks in New Delhi on Tuesday to review the liquidity situation in the country.

The meeting came a day after Prime Minister Manmohan Singh''s meeting with captains of Indian industry, who wanted the government to take steps to enhance liquidity.

Chidambaram said liquidity is a snapshot and liquidity is an everyday affair. India''s central bank has been keeping a close watch on liquidity.

After a long debate that spanned for years, the government has finally given its approval for the introduction of the Insurance (Amendment) Bill, 2008. At the same time, however, the government has also conceded that the bill may not be passed by the present Lok Sabha owing to lack of time.

The Finance Minister, P. Chidambaram, told news reporters on Friday that the decision of the approval of the bill was taken on the basis of the recommendation of a Group of Ministers (GoM) constituted to study the issue.

New Delhi, Oct 29 : Finance Minister P. Chidambaram on Wednesday held a meeting at his North Block office with key regulators and policy makers, including Planning Commission Deputy Chairman Montek Singh Ahluwalia, on the current financial situation and to discuss further measures to tackle it.

The meeting was attended by Reserve Bank of India (RBI) Governor D. Subbarao, Securities and Exchange Board of India (SEBI) Chairman C. B. Bhave, RBI Deputy Governor Rakesh Mohan and former RBI Governor C. Rangarajan among others.

The meeting assumes significance in the backdrop of a slew of measures taken by RBI and government to inject liquidity into the cash-starved system.

New Delhi, Oct 13 : Union Finance Minister P Chidambaram today appealed to the Indian public not to panic over the impact of the global financial crisis and exuded confidence about the public''s money being safe in banks.

Chidambaram''s remarks had a positive affect on domestic stock markets. The Bombay Stock Exchange benchmark Sensex opened at 113 point more and regained the 11,000-mark.

He hoped that the country''s economy would emerge stronger soon.

The finance minister, P. Chidambaram is quite sure regarding the inflation to get moderate, as certain actions had been taken by the government to reduce the existing inflationary movement.

The United Forum of Banking Unions and Indian Bankers Association were in talks on the matter of salary revision of the banking and insurance sector staff.

Around Rs 200 billion had been paid out as education loans during the last four years, benefiting 12,51,691 pupils, added Mr. Chidambaram.

New Delhi, July22 : On the second day of the debate in the Lok Sabha over the Government’s trust vote, Finance Minister P. Chidambaram said that the Hyde Act, passed by the US Congress to enable nuclear commerce with India, was a domestic law in that country and had no binding on India.

Chidambaram also stressed the need for nuclear power.