New Delhi, Mar 3 (KNN) India and Japan have renewed their Bilateral Swap Arrangement (BSA), effective February 28, 2026, maintaining the facility at up to USD 75 billion. The agreement was signed between the Bank of Japan (BoJ), acting as agent for Japan’s Ministry of Finance, and the Reserve BankContinue Reading
New Delhi, Mar 2 (KNN) The Department of Financial Services (DFS), under the Ministry of Finance, organised a two-day workshop focussed on implementation of government’s reservation policy in public sector banks, state-run insurance companies, regulators and other government-controlled financial insitutions. The workshop was held at the Bank of Baroda AcademyContinue Reading
New Delhi, Mar 2 (KNN) RBI Governor Sanjay Malhotra has said that policy interest rates are expected to remain steady or ease, while warning of risks from global uncertainty, climate change, technological disruptions, and escalating tensions in West Asia. In an interview with The Economic Times, Malhotra said the centralContinue Reading
New Delhi, Mar 10 (KNN) Minister of State for Finance Pankaj Chaudhary told the Rajya Sabha on Tuesday that public sector banks (PSBs) have recorded significant improvements in customer service, asset quality and operational efficiency under the Enhanced Access and Service Excellence (EASE) Reform Programme. Operational and Technology Reforms UnderContinue Reading
New Delhi, Mar 11 (KNN) The government has renamed Personal Income Tax as Non-Corporate Tax (NCT) from FY 2025–26, as the category includes taxes collected from entities other than companies, Minister of State for Finance Pankaj Chaudhary informed the Rajya Sabha. According to estimates by the Income Tax Department, Non-CorporateContinue Reading
New Delhi, Mar 12 (KNN) The Indian Banks’ Association (IBA) organised the “RRB Conclave 2026: Next-Gen Reforms for RRBs – Challenges & Opportunities” this week in New Delhi to deliberate on policy reforms and future strategies aimed at strengthening Regional Rural Banks (RRBs). The one-day conclave, held under the guidanceContinue Reading
Mumbai, Mar 13 (KNN) The Reserve Bank of India (RBI) has launched a pilot programme titled ‘Awareness Program on Digital Payments’ to promote safe and wider adoption of digital payment systems, as part of the sixth edition of Digital Payments Awareness Week (DPAW) being observed from March 9–13, 2026. TheContinue Reading
