ADB Unveils Minerals-to-Manufacturing Facility To Boost Asia-Pacific Critical Mineral Supply Chains

New Delhi, May 4 (KNN) The Asian Development Bank (ADB) over the weekend launched a new financing facility aimed at strengthening critical minerals supply chains across Asia and the Pacific.  The initiative is designed to support sectors such as clean energy, batteries, electric vehicles, and digital technologies. Speaking at theContinue Reading

India’s Inflation More Stable Than Global Peers, RBI Should Hold Repo Rate: ASSOCHAM

New Delhi, May 23 (KNN) India is better positioned to manage retail inflation compared to other top-10 global economies, according to an analysis released by industry body ASSOCHAM on Friday, even as the ongoing conflict in West Asia continues to generate uncertainty around energy prices and supply chains. India’s headlineContinue Reading

RBI Revises Lead Bank Scheme To Boost Financial Inclusion And Priority Sector Lending

New Delhi, Jun 20 (KNN) The Reserve Bank of India (RBI) on Friday issued final guidelines for the Lead Bank Scheme (LBS) after incorporating public feedback. The revised framework aims to strengthen district-level banking coordination, enhance accountability, and formalise credit planning at the block level, with the broader objective ofContinue Reading

DFS Holds Colloquium to Strengthen Debt Recovery Framework, Focus on Faster Case Disposal

New Delhi, May 4 (KNN) The Department of Financial Services (DFS) under Ministry of Finance held a colloquium of chiefs of Debts Recovery Appellate Tribunals (DRATs) and presiding officers of Debts Recovery Tribunals (DRTs) at Vigyan Bhavan to review measures aimed at strengthening the debt recovery framework and reducing caseContinue Reading