New Delhi, Jun 22 (KNN) India remains the largest market for the Asian Development Bank’s (ADB) private sector operations, with the multilateral lender planning to extend around USD 1 billion in direct financing this year to support projects aligned with the country’s development priorities. ADB Vice-President (Market Solutions) BhargavContinue Reading
New Delhi, Jun 22 (KNN) India has called on BRICS member nations to deepen cooperation in supporting micro, small and medium enterprises (MSMEs), stressing that such collaboration could drive inclusive growth and create jobs across member economies. Union Minister for MSMEs Jitan Ram Manjhi while addressing the BRICS MSME ForumContinue Reading
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, Jun 23 (KNN) Growth in India’s private sector activity moderated in June as softer demand conditions weighed on output, new business generation and hiring, according to the latest HSBC Flash PMI survey. The HSBC Flash India PMI Composite Output Index, which measures activity across manufacturing and services,Continue Reading
New Delhi, Jun 22 (KNN) India’s micro, small and medium enterprises (MSME) loan segment is showing initial signs of stress, with delinquency levels edging higher in April 2026, according to a sector update by 360 ONE Capital. Lenders remain cautious amid concerns over supply-chain disruptions and rising input costs linkedContinue Reading
New Delhi, Jun 13 (KNN) India’s agriculture and water technology startup ecosystem is witnessing growing momentum, with increasing focus on scaling innovation, commercialisation and sustainability-driven solutions, according to a NASSCOM report. Agri And Water Tech Startups Move Beyond Pilot Phase The deeptech sectors in agriculture and water management are increasinglyContinue Reading
New Delhi, Jun 20 (KNN) The Reserve Bank of India (RBI) on Friday issued final guidelines for the Lead Bank Scheme (LBS) after incorporating public feedback. The revised framework aims to strengthen district-level banking coordination, enhance accountability, and formalise credit planning at the block level, with the broader objective ofContinue Reading
