New Delhi, Apr 22 (KNN) Reserve Bank of India (RBI) Governor Sanjay Malhotra said that the recent short-term fluctuations such as net FDI outflows and exchange rate movements are cyclical in nature and are being closely monitored. Speaking at a roundtable hosted by the Consulate General of India in NewContinue Reading
New Delhi, May 6 (KNN) The Reserve Bank of India (RBI) on Tuesday issued draft guidelines to define the prudential treatment of specified non-financial assets (SNFAs), inviting public comments until May 26, 2026. SNFAs refer to immovable assets acquired by regulated entities (REs) in full or partial settlement of loans,Continue Reading
New Delhi, May 28 (KNN) Indian corporates remain broadly resilient, supported by strong balance sheets and domestic demand, although 8 sectors face material credit risk, according to Crisil Ratings, which stress-tested 34 sectors. The agency assessed the impact of the ongoing West Asia conflict on credit quality across these sectorsContinue Reading
New Delhi, Jun 18 (KNN) The Reserve Bank of India (RBI) has issued Master Directions on Authorisation to Operate a Payment System, consolidating several circulars and guidelines issued since 2015 into a single framework. The directions, issued under the Payment and Settlement Systems Act, 2007, have come into effect immediately andContinue Reading
New Delhi, Jul 6 (KNN) Indian banks are expected to see an improvement in the credit-to-deposit (CD) ratio in FY27, led by public sector banks (PSBs), while overall credit growth is likely to remain steady at around 14 per cent year-on-year (YoY), according to a report by Motilal Oswal FinancialContinue Reading
New Delhi, Jul 22 (KNN) The Government has reported the latest coverage figures under key financial inclusion schemes, including the Pradhan Mantri Jan Dhan Yojana (PMJDY), insurance schemes, Atal Pension Yojana (APY), Pradhan Mantri Mudra Yojana (PMMY) and Stand-Up India. The information was provided by Minister of State for FinanceContinue Reading
New Delhi, Aug 5 (KNN) The government has undertaken a series of reforms to improve the ease of doing business, reduce regulatory compliance and strengthen India’s export ecosystem, Commerce and Industry Minister Piyush Goyal said in the Lok Sabha. Government Pushes Deregulation To Improve Ease Of Doing Business The measuresContinue Reading
