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The finance ministry is keen to have more banks in the country to promote financial inclusion.
The government said the poor results were in part due to financial problems in developed countries.
The aircraft was carrying 25 passengers and three crew members.
The prime minister described it as an “important milestone in the development of India’s space programme”.
China expressed concerns about the joint military drill undertaken by the US and Japan in June.
The Kremlin hasn’t commented on asylum reports, which appeared earlier today.
Seoul and Beijing will hold the sixth round of FTA talks at South Korea's largest port city of Busan.
The first of seven satellites in the Indian Regional Navigation Satellite System has a mission life of 10 years.
Another round of talks regarding the maritime disputes will be held in September.
Shang said total excess reserves in the country's banking system totaled 1.5 trillion yuan.
