New Delhi, May 15 (KNN) A sharp jump in bank deposit growth to 13.5 per cent year-on-year (YoY) in March 2026—the highest since the withdrawal of Rs 2,000 notes in June 2023—masks deep structural weaknesses, according to a research note by Ambit Capital. The Ambit Institutional Equities report, titled “OneContinue Reading
New Delhi, Jun 5 (KNN) The Indian Institute of Corporate Affairs (IICA), under the Ministry of Corporate Affairs, in association with the Association of Insolvency Professional Entities (AIPE), will organise the convocation ceremony of the sixth batch of its Post Graduate Insolvency Programme (PGIP) and a national conference on JuneContinue Reading
New Delhi, Jun 24 (KNN) India’s non-banking financial company (NBFC) sector is expected to maintain robust growth, with assets under management (AUM) projected to exceed Rs 50 trillion by FY27, according to an analysis of annual reports by Equirus Securities. This is driven by rising retail credit penetration, increasing formalisationContinue Reading
New Delhi, Jul 14 (KNN) Union Finance Minister Nirmala Sitharaman on Monday reviewed the progress of the Reserve Bank of India’s (RBI) swap facility schemes for Foreign Currency Non-Resident (Bank) [FCNR(B)] deposits, External Commercial Borrowings (ECBs) and Overseas Foreign Currency Borrowings (OFCBs) during a meeting with Managing Directors and ChiefContinue Reading
New Delhi, Jul 28 (KNN) The government has proposed increasing the statutory ceiling for paid-up share capital under the definition of a ‘small company’ from Rs 10 crore to Rs 20 crore through the Corporate Laws (Amendment) Bill, 2026, to provide greater flexibility in line with business growth and economicContinue Reading
New Delhi, Aug 10 (KNN) Investment announcements in India stood at Rs 26.75 lakh crore between April 1 and August 5 of 2026-27, with the information technology-enabled services (ITeS) sector accounting for 56 percent of the proposed investments, according to a Bank of Baroda Economics Research report. ITeS Sector AccountsContinue Reading
New Delhi, Mar 17 (KNN) Digital payment transactions in India have witnessed strong growth in recent years, driven by coordinated efforts of the government, the Reserve Bank of India (RBI) and the National Payments Corporation of India (NPCI), Finance Minister Nirmala Sitharaman informed the Lok Sabha. During FY 2024–25,Continue Reading
