Context: State-run Mahanagar Telephone Nigam Ltd (MTNL) has defaulted on over ₹8,300 crore worth of bank loans. A meeting has...
Context: State-run Mahanagar Telephone Nigam Ltd (MTNL) has defaulted on over ₹8,300 crore worth of bank loans. A meeting has...
Context: The Reserve Bank of India (RBI) has issued final guidelines increasing the Loan-to-Value (LTV) ratio for gold loans from...
Context: The Reserve Bank of India (RBI) is set to tighten overseas remittance rules under the Liberalised Remittance Scheme (LRS)...
Context: In the 2025 meeting of the Financial Stability and Development Council (FSDC) chaired by Finance Minister Nirmala Sitharaman in...
Context: The Reserve Bank of India (RBI) is tightening regulatory oversight on newly licensed payment aggregators (PAs) to ensure systemic...
Context: The Reserve Bank of India (RBI) is planning to use the Cash Reserve Ratio (CRR) more proactively as a...
Context: The Insurance Laws (Amendment) Bill, proposing major sectoral reforms including 100% foreign direct investment (FDI) and composite licensing, is...
Context: The Ministry of Finance (MoF) has amended provisions of the Securities Contracts (Regulation) Rules (SCRR), 1957, enabling stock brokers...
Context: Indian Renewable Energy Development Agency Ltd. (IREDA) has successfully completed a Qualified Institutions Placement (QIP) to raise capital for...
Context: CreditAccess Grameen, India’s largest NBFC-MFI, has raised a $100 million multi-currency syndicated social loan, marking a significant development in...
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Context: On July 2, 2025, Railway Minister Ashwini Vaishnaw launched RailOne, a new all-in-one mobile application developed by CRIS (Centre...
Context: Saraswat Cooperative Bank has formally approached the Reserve Bank of India (RBI) seeking approval to merge the troubled New...
Context: Bank lending to non-banking financial companies (NBFCs) has continued to decline, despite the RBI’s rollback of stricter risk-weight norms...
Why in News? The Reserve Bank of India’s (RBI) June 2025 Financial Stability Report presents a positive outlook on India’s...
Context: The banking experience in India is undergoing a rapid and intelligent transformation. From account upgrades to auto loan closures,...
Context: Fintech startup Slice has launched a new UPI-powered credit card, called the Slice Super Card, along with India’s first...
Context: On July 2, 2025, AU Small Finance Bank (AU SFB) entered into a strategic partnership with the Life Insurance...
Context: The Securities and Exchange Board of India (SEBI) has released a draft proposal to revise the IT capacity planning...
Context: In a move akin to the Agri Stack initiative, the Government of India is developing a “Co-operative Stack” to...
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