The restrictions are effective from the closure of business hours on Friday for a period of six months and are subject to review, the Reser...

Bank lending saw its fastest growth in almost two years by May 31, 2026. Credit expanded significantly, reaching Rs 215.2 lakh crore. This ...

Earning a large salary does not automatically mean wealth. Chartered Accountant Nitin Kaushik explains that focusing on income alone is mis...

Indian banks are offering higher interest rates on foreign currency deposits. This move aims to attract money from overseas residents. The ...

The Credit Guarantee Scheme for Microfinance Institutions-2.0 has been extended. This extension will last until August or until guarantees ...

The Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 has seen over 1 lakh guarantees issued, totaling Rs 48,484 crore in just one month. ...

The Finance Ministry has extended the Credit Guarantee Scheme for Microfinance Institutions-2.0 until August 31, 2026, or until Rs 20,000 c...

India has seen a significant rise in Foreign Direct Investment, attracting USD 843 billion between 2014-15 and 2025-26. Key government init...

SpiceJet is delaying pilot salaries since March, seeking an emergency government loan to stabilize operations amid rising fuel costs and re...

The government is exploring increasing the credit guarantee cover for education loans. This move aims to allow banks to offer loans exceedi...

Banks have received an aggregate loan demand of Rs 10,000-12,500 crore under the scheme, according to people familiar with the matter. Whil...

BharatPe and YES Bank introduce BharatPe Flex, a new credit-on-UPI service. This facility allows eligible users to make UPI payments even w...

The study highlights the geography of MSME growth in India and calls for more balanced, targeted expansion of enterprise activity and forma...

Shipping routes East of Hormuz and in the Red Sea have seen a significant increase in services. The Indian government is also processing a ...

Banks have disbursed Rs 35,000 crore in loans under the Emergency Credit Line Guarantee Scheme. This initiative supports MSMEs and industri...

IDFC First Bank has successfully secured a substantial allocation of over Rs 500 crore from the Credit Guarantee Fund for Micro Units. This...

Government directs state-run banks to identify successful initiatives for wider adoption. The focus will be on lending to unorganised secto...