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RBI REPORT MUNICIPAL FINANCES
"Action has already commenced": CM Adhikari says 6 arrested in Taratala incident, KMC to blacklist architectFollowing a tragic godown collapse in Taratala, West Bengal Chief Minister Suvendu Adhikari announced swift action, with six arrests made a...
Eggs off plate, politics on menu: Bengal's school meal shift rekindles debate over food, identityWest Bengal's school kitchens are now the center of a political storm as the BJP government replaces eggs in mid-day meals with vegetarian ...
RBI opens term money market to AIFIs, housing finance companiesThe Reserve Bank of India has opened the term money market to All India Financial Institutions and housing finance companies, allowing them...
No worker records hamper Kolkata warehouse collapse probe: PoliceInvestigators face a major hurdle in the Kolkata warehouse collapse as the absence of attendance records makes it impossible to determine t...
RBI draft allows AIFIs, HFCs to borrow from call moneyThe Reserve Bank of India (RBI) has proposed allowing All India Financial Institutions (AIFIs) and housing finance companies (HFCs) to borr...
Lost Rs 50,000 in digital fraud? Soon, you can get 85% amount back if you follow these rules - 3 calculations to explain how this worksAs per the latest RBI guidelines, if you have lodged a complaint for the fraudulent transaction within 5 calendar days, you shall be compen...
71% of MSMEs on TReDS platform now come from Tier-II and smaller cities: M1xchange reportMSMEs from Tier II, III, and beyond now constitute a significant portion of platform users and transaction volume. This digital financing e...
RBI says no to special exposure relaxations for state NBFCsThe Reserve Bank of India has firmly rejected requests for special exemptions from concentration norms for government-owned NBFCs, emphasiz...
RBI to raise large exposure limit for upper layer NBFC-IFCs to 45% from 35% of eligible capital baseThe Reserve Bank of India has boosted lending limits for top infrastructure finance firms, allowing them to extend up to 45% of their capit...
Centre, Telangana appoint SBI Caps to evaluate Hyderabad Metro takeover, Phase-II expansionHyderabad Metro's future is set for a new direction as the Centre and Telangana government have agreed to appoint SBI Capital Markets. This...
RBI's FCNR push may boost banks' deposit growth: CrisilForeign currency deposits are poised for a boost as the RBI removes interest rate caps on certain non-resident accounts until September. Th...
RBI allows guarantee cover for TReDS financing in fresh directionsThe Reserve Bank of India has enhanced credit access for MSMEs by allowing financiers on TReDS platforms to secure guarantee cover for fina...
CBI arrests senior IAS officer Pankaj Aggarwal in ongoing alleged IDFC First Bank fund misappropriation caseThe Central Bureau of Investigation (CBI) has arrested Pankaj Aggarwal, IAS on Monday who was the then Principal Secretary in Department of...
PFC raises $300 million through five year dollar bondPower Finance Corp successfully raised $300 million in international bonds, marking India's second such issuance since the RBI's special sw...
MSMEs nursery of entrepreneurship, key to Viksit Bharat vision: RBI Guv Sanjay MalhotraRBI Governor Sanjay Malhotra lauded MSMEs as crucial for India's growth, highlighting their role in entrepreneurship and employment. He not...
PSBs told to tighten scrutiny of government accounts amid fraud concernsIn response to a staggering ₹590 crore fraud uncovered in Haryana government accounts, the finance ministry has mandated that public sector...
Parliament panel to review India's economy amid global turmoil and growth concernsA key parliamentary committee will scrutinise India's evolving economic landscape in 2025-26, amid global conflicts and trade uncertainties...
Sebi board meeting: Open market buyback is back and intraday borrowing for MFs; 5 key decisions investors should knowSebi approved a series of reforms to improve market efficiency and investor protection. Key changes include the return of exchange-based bu...
RBI not in favour of offshore settlement for sovereign bonds: ReportIndia's central bank, the RBI, is opting against direct settlement of government securities via offshore platforms like Euroclear. Instead,...
PSU banks see sharp jump in green deposits FY26; deploy funds for clean transport, renewable energyIndian state-owned banks witnessed a significant rise in green deposits during FY26. This growth reflects growing depositor interest in sus...