New Delhi, May 11 (KNN) Reserve Bank of India (RBI) Governor Sanjay Malhotra and Christine Lagarde, President, European Central Bank (ECB), on Sunday signed a Memorandum of Understanding (MoU) to strengthen cooperation in central banking. The agreement was signed on the sidelines of meetings hosted by the Bank for International SettlementsContinue Reading
New Delhi, May 30 (KNN) Chief Economic Adviser (CEA) V. Anantha Nageswaran has signalled a shift in the government’s immediate economic focus, with external sector stability taking precedence as the West Asia conflict disrupts global energy markets. Speaking at an event on securitisation, CEA V. Anantha Nageswaran said the WestContinue Reading
New Delhi, Jun 17 (KNN) India’s microfinance sector is showing early signs of recovery after multiple quarters of contraction, with improving asset quality, stronger credit discipline and a revival in lending activity, according to the 27th edition of the Microfinance Pulse Report released jointly by SIDBI and Equifax. MicrofinanceContinue Reading
New Delhi, Apr 10 (KNN) The Reserve Bank of India (RBI) has proposed a set of additional safeguards for digital payments, including transaction delays, enhanced authentication, and stricter monitoring of bank accounts, to address a sharp rise in frauds driven largely by social engineering. In the discussion paper titled ‘ExploringContinue Reading
New Delhi, Apr 27 (KNN) The Ministry of Corporate Affairs (MCA) has released a draft notification proposing amendments to the Companies (Incorporation) Rules, 2014, and invited stakeholder feedback. Titled Companies (Incorporation) Amendment Rules, 2026, the draft was issued through a public notice dated April 8, 2026, and has beenContinue Reading
New Delhi, May 13 (KNN) The government has launched the ‘Bharat Maritime Insurance Pool’ (BMIP) with a coverage capacity of USD 1.5 billion to ensure uninterrupted maritime insurance coverage amid ongoing geopolitical tensions in the Middle East. The insurance pool launched by Department of Financial Services (DFS) under Finance MinisteyContinue Reading
New Delhi, May 30 (KNN) The Department of Financial Services (DFS) has launched a single digital platform enabling citizens to search for unclaimed bank deposits, insurance claims, shares, dividends and mutual funds — all in one place. The Common Landing Portal for Unclaimed Financial Assets, developed by the Department ofContinue Reading
