New Delhi, Apr 9 (KNN) Securitisation transactions in India surged to over Rs 65,000 crore in the January–March quarter of FY26, taking the full-year total to a record Rs 2.55 lakh crore, according to Crisil Ratings. This reflects a 20 per cent year-on-year (YoY) rise in the fourth quarter andContinue Reading
New Delhi, Apr 9 (KNN) Bank credit growth in India is projected to moderate to around 13 per cent in the current fiscal, slightly lower than the estimated 14 per cent growth in FY26, according to a report by Crisil Ratings. The report said the expansion will be supported byContinue Reading
New Delhi, Apr 9 (KNN) The Reserve Bank of India (RBI) has released draft directions for the Trade Receivables Discounting System (TReDS) on Wednesday, aiming to streamline and harmonise existing regulations to improve access to finance for Micro, Small and Medium Enterprises (MSMEs). The draft, titled Reserve Bank of IndiaContinue Reading
New Delhi, Apr 9 (KNN) The Reserve Bank of India (RBI) is set to introduce a new framework to classify non-banking financial companies (NBFCs) into three categories—upper, middle, and lower layers, Governor Sanjay Malhotra said following the latest monetary policy announcement. He indicated that the framework will be rolled outContinue Reading
New Delhi, Apr 9 (KNN) The Reserve Bank of India (RBI) has issued draft Governance Amendment Directions, 2026, covering commercial banks, small finance banks, payments banks, and local area banks. The RBI has invited stakeholder and public feedback on these directions, aimed at improving bank board functioning and strengthening oversightContinue Reading
New Delhi, Apr 10 (KNN) The Centre is considering the expansion of subsidised community kitchens to key manufacturing clusters as part of a broader strategy to retain migrant workers and stabilise labour supply in micro, small and medium enterprises (MSMEs). Plan To Support MSME Workforce The proposal, discussed atContinue Reading
New Delhi, Apr 10 (KNN) The Asian Development Bank (ADB) has projected India’s economic growth to remain robust at 6.9 percent in FY2026-27, with an acceleration to 7.3 percent in the following fiscal year, supported by strong domestic demand and improving financial conditions. Growth Outlook And Key Drivers Continue Reading
