New Delhi, Jul 9 (KNN) Priority Sector Lending (PSL) guidelines require a comprehensive review to align with India’s evolving financing needs and the Viksit Bharat 2047 vision, with greater emphasis on infrastructure, climate finance, renewable energy, along with enhanced lending limits across key sectors, according to a SBI Research report.Continue Reading
New Delhi, Jul 27 (KNN) India could receive Foreign Currency Non-Resident (Bank) [FCNR(B)] deposits in the range of USD 65–70 billion by the end of the current scheme, with overall inflows estimated at USD 80–85 billion, according to an SBI Research report. “Given the current trend we believe that totalContinue Reading
New Delhi, Aug 7 (KNN) India’s bank credit growth is expected to remain robust at around 14 per cent in FY27, according to a report by HSBC Global Investment Research. The report noted that several banks reported strong loan growth in the first quarter, with management indicating stable asset qualityContinue Reading
New Delhi, Apr 10 (KNN) The Reserve Bank of India (RBI) has proposed a set of additional safeguards for digital payments, including transaction delays, enhanced authentication, and stricter monitoring of bank accounts, to address a sharp rise in frauds driven largely by social engineering. In the discussion paper titled ‘ExploringContinue Reading
New Delhi, Apr 27 (KNN) The Ministry of Corporate Affairs (MCA) has released a draft notification proposing amendments to the Companies (Incorporation) Rules, 2014, and invited stakeholder feedback. Titled Companies (Incorporation) Amendment Rules, 2026, the draft was issued through a public notice dated April 8, 2026, and has beenContinue Reading
New Delhi, May 13 (KNN) The government has launched the ‘Bharat Maritime Insurance Pool’ (BMIP) with a coverage capacity of USD 1.5 billion to ensure uninterrupted maritime insurance coverage amid ongoing geopolitical tensions in the Middle East. The insurance pool launched by Department of Financial Services (DFS) under Finance MinisteyContinue Reading
New Delhi, May 30 (KNN) The Department of Financial Services (DFS) has launched a single digital platform enabling citizens to search for unclaimed bank deposits, insurance claims, shares, dividends and mutual funds — all in one place. The Common Landing Portal for Unclaimed Financial Assets, developed by the Department ofContinue Reading
