The finance ministry has urged public sector banks to prioritize cybersecurity and align their digital frameworks with industry best practi...

In a post on X, Sitharaman said India's banking sector turned around due to Prime Minister Narendra Modi's strong and decisive leadership, ...

Speaking at the 20th Global Inclusive Finance Summit, Financial Services Secretary Vivek Joshi also asked banks and financial institutions ...

In another reply, Karad said the number of loans sanctioned to borrowers under the Pradhan Mantri Mudra Yojana (PMMY) increased from 5.37 c...

The government has asked banks to keep vigil and inform their customers of fraud in Mudra loans. The directive follows multiple instances o...

"As per inputs received from Department of Investment and Public Asset Management (DIPAM), the government has not yet decided on the banks ...

According to the bill, it is proposed to raise the maximum chit amount from Rs 1 lakh to Rs 3 lakh for those managed by individuals or less...

Instead, the unions said, ensuring "proper governance in the system" and "removing political interference" will address the problem of NPAs...

A high-level panel has proposed a comprehensive legal framework for consumer protection in the fintech age.

Out of 103 delinquent employees identified, action has been taken on 68 as per extant guidelines.

Businesses need to submit GST and income tax details, along with bank statement, to be eligible for speedier loan sanctions.

"I think for anyone to do postmortem is easier than action when it was required," Jaitley said.

We have reinstated confidence in public sector banks by recapitalisation and comprehensive reforms, Financial services secretary Rajiv Kumar

To deal with the twin balance sheet challenge, he said, the four Rs -- Recognition, Recapitalization, Resolution, and Reform -- were put in...

For SMEs worried about access to finance, there are alternatives available and P2P platforms have the muscle to cater to the needs of the s...

The PNB was responding to a clarification sought from exchanges on a news report about unearthing of misuse of Mudra loan by CBI and filing...

The commercial banking industry is also gearing up to face a new kind of competition in form of payments and small finance banks that would...