New Delhi, Jun 20 (KNN) The Reserve Bank of India (RBI) on Friday issued the final Kisan Credit Card (KCC) Scheme directions for commercial banks, small finance banks, regional rural banks and rural co-operative banks, after examining stakeholder feedback received on the draft directions issued in February 2026. The centralContinue Reading
New Delhi, Apr 8 (KNN) The Reserve Bank of India (RBI) has unveiled a set of developmental and regulatory policy measures aimed at enhancing ease of doing business, strengthening capital frameworks, and deepening financial markets, following decisions of the Monetary Policy Committee. The measures span four key areas, regulations,Continue Reading
New Delhi, Apr 18 (KNN) Crisil Ratings expects Indian banks to maintain stable asset quality over the next two years, with gross non-performing assets (NPAs) projected at 2.0-2.2 percent by March 2027. This is only marginally higher than the likely historic low of around 2.0 percent as of March 2026,Continue Reading
New Delhi, May 5 (KNN) India’s non-food credit grew 15.9 per cent year-on-year (YoY) in FY2025–26, indicating strong lending momentum. According to data released by the Finance Ministry on Tuesday, total outstanding bank credit stood at Rs 212.9 lakh crore as of March 2026, an increase of Rs 29.2 lakhContinue Reading
New Delhi, May 25 (KNN) The Insurance Regulatory and Development Authority of India (IRDAI) has directed the non-life insurance industry to arrive at a standard definition of a ‘claim’ and a uniform methodology for calculating claim settlement ratios across various lines of business — a move aimed at ending aContinue Reading
New Delhi, Jun 19 (KNN) India’s net direct tax collections rose 14.64 per cent year-on-year (YoY) to Rs 5.21 trillion during April 1 to June 17 of the current financial year (FY27), up from Rs 4.5 trillion in the corresponding period of FY26, according to data released by the IncomeContinue Reading
New Delhi, Apr 8 (KNN) Women borrowers in India now hold a credit portfolio of Rs 76 lakh crore or nearly 26 per cent of the total system credit, a NITI Aayog report has said. The report highlighted that women’s credit exposure has expanded 4.8 times since 2017, reflecting aContinue Reading
