New Delhi, May 28 (KNN) Indian corporates remain broadly resilient, supported by strong balance sheets and domestic demand, although 8 sectors face material credit risk, according to Crisil Ratings, which stress-tested 34 sectors. The agency assessed the impact of the ongoing West Asia conflict on credit quality across these sectorsContinue Reading
New Delhi, Jun 18 (KNN) The Reserve Bank of India (RBI) has issued Master Directions on Authorisation to Operate a Payment System, consolidating several circulars and guidelines issued since 2015 into a single framework. The directions, issued under the Payment and Settlement Systems Act, 2007, have come into effect immediately andContinue Reading
New Delhi, Apr 9 (KNN) Bank credit growth in India is projected to moderate to around 13 per cent in the current fiscal, slightly lower than the estimated 14 per cent growth in FY26, according to a report by Crisil Ratings. The report said the expansion will be supported byContinue Reading
RBI Proposes Stricter Norms For Digital Wallets…Continue Reading
Mumbai, May 6 (KNN) Securities and Exchange Board of India (SEBI) Chairman Tuhin Kanta Pandey on Monday said banking and insurance regulators are not in favour of allowing their regulated entities to participate in the commodity derivatives market due to certain concerns. Speaking at IMC Chamber of Commerce and Industry’sContinue Reading
New Delhi, May 28 (KNN) The government is set to review credit flow and banking operations with heads of public sector banks, even as state-owned lenders posted their strongest financial performance in years. The Finance Ministry will convene a meeting of heads of all public sector banks (PSBs) on MayContinue Reading
New Delhi, Jun 17 (KNN) The Reserve Bank of India (RBI) has issued amendments to its framework governing the advertising, marketing and sale of financial products and services by banks, with the new directions set to come into force on January 1, 2027. The amendments follow a draft framework releasedContinue Reading
