New Delhi, Jun 30 (KNN) India’s microfinance industry is consolidating around materially stronger credit quality, with the 30-days-past-due (DPD) delinquency rate falling sharply to 2.1 per cent as of May 2026, down from 6.3 per cent a year earlier, even as the overall sector continued to shrink in size, accordingContinue Reading
New Delhi, Jul 21 (KNN) The Government and the Reserve Bank of India (RBI) have introduced various regulatory, supervisory and consumer protection measures to strengthen the fintech ecosystem, including digital lending platforms and payment aggregators. The information was provided by Minister of State for Finance Pankaj Chaudhary in a writtenContinue Reading
New Delhi, Jul 31 (KNN) Applications under the Prime Minister’s Employment Generation Programme (PMEGP) take an average of 58 days to process by implementing agencies, while banks take 70 days for loan sanction and the Khadi and Village Industries Commission (KVIC) takes 84 days to release margin money subsidy, theContinue Reading
New Delhi, Apr 8 (KNN) The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI), chaired by Governor Sanjay Malhotra, kept the policy repo rate unchanged at 5.25 per cent at its 60th meeting held from April 6 to 8, 2026. The MPC flagged rising global uncertainty, particularlyContinue Reading
New Delhi, Apr 17 (KNN) The Ministry of Corporate Affairs (MCA) has issued guidelines for companies and limited liability partnerships (LLPs) regarding the process for updating registered email IDs on the MCA portal, while also addressing common issues related to Digital Signature Certificates (DSC). According to the Ministry, companiesContinue Reading
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
New Delhi, May 25 (KNN) India’s five publicly listed Real Estate Investment Trusts (REITs) collectively distributed over Rs 8,900 crore to unitholders during the full financial year 2025–26, representing a year-on-year (YoY) growth of over 50 per cent, according to data released by the Indian REITs Association (IRA). The cumulativeContinue Reading
