New Delhi, Apr 21 (KNN) Significant foreign ownership can support the credit profiles of Indian financial institutions by providing long-term capital, funding flexibility, and, in some cases, improved governance standards, Fitch Ratings said on Tuesday. However, the agency cautioned that foreign shareholding alone is not a reliable indicator of strongerContinue Reading
New Delhi, May 5 (KNN) The Reserve Bank of India has cautioned the public against misleading campaigns that falsely promise loan waivers, stating that such activities could lead to financial losses and disrupt the country’s credit system. In a statement, the central bank referred to its earlier advisory issued onContinue Reading
New Delhi, May 26 (KNN) The Reserve Bank of India (RBI) has constituted an expert committee to examine the opportunities and risks arising from quantum technologies and recommend a roadmap for building a quantum-secure financial ecosystem in India. Quantum technology is increasingly being seen as a transformative innovation capableContinue Reading
New Delhi, Jun 19 (KNN) The Ministry of Finance has approved an interest rate of 8.25 percent on Employees’ Provident Fund (EPF) deposits for 2025-26, retaining the same rate for the third consecutive year for over 7.8 crore contributing subscribers of the Employees’ Provident Fund Organisation (EPFO). Finance Ministry RetainsContinue Reading
New Delhi, Apr 9 (KNN) Securitisation transactions in India surged to over Rs 65,000 crore in the January–March quarter of FY26, taking the full-year total to a record Rs 2.55 lakh crore, according to Crisil Ratings. This reflects a 20 per cent year-on-year (YoY) rise in the fourth quarter andContinue Reading
New Delhi, Apr 22 (KNN) Reserve Bank of India (RBI) Governor Sanjay Malhotra said that the recent short-term fluctuations such as net FDI outflows and exchange rate movements are cyclical in nature and are being closely monitored. Speaking at a roundtable hosted by the Consulate General of India in NewContinue Reading
New Delhi, May 6 (KNN) The Reserve Bank of India (RBI) on Tuesday issued draft guidelines to define the prudential treatment of specified non-financial assets (SNFAs), inviting public comments until May 26, 2026. SNFAs refer to immovable assets acquired by regulated entities (REs) in full or partial settlement of loans,Continue Reading
