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AGRICULTURE AND RURAL DEVELOPMENT BANKS
Can a weak monsoon slow India's economy? Here's what investors need to knowA 10% rain deficit could add as much as one-percentage-point to headline consumer inflation driven by food prices, according to research by...- Shivraj Singh Chouhan seeks inputs from states to push fresh rural reformsRural Development Minister Shivraj Singh Chouhan urged states to propose new reforms and effectively implement existing schemes to boost vi...
- 'Indian Ocean is our shared home': PM Modi highlights India-Seychelles ties after signing key MoUsPrime Minister Modi asserted the Indian Ocean as a shared home, emphasizing joint responsibility for its security and prosperity during his...
- Indian issuers hold dollar bond plans amid demand for higher yieldsIndian issuers, including SBI and BoB, have paused dollar bond plans as investors demand higher yields amid rising supply expectations from...
- India well-poised for rapid growth despite risks from West Asia war and El Nino: ITCDespite facing geopolitical instability and weather-related challenges, India's economy is expected to grow robustly at 6.9% in FY27. This ...
- 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...
- Ex-banker quits job to build Rs 21 crore chemical-free farming empire in Andhra Pradesh, empowers 3,000 rural womenA former banker, Amith Kishan, completely changed his life by establishing Hebbevu Farms in Andhra Pradesh, a 650-acre natural farming ente...
- 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...
- Centre extends MSP procurement deadline in UP to July 8, approves over 6.18 lakh rural housesFarmers in Uttar Pradesh will benefit from an extended wheat, gram, and lentil procurement period until July 8. Additionally, over 6.18 lak...
- ADB approves USD 42.2 mln loan to boost bamboo industry in northeast regionThe Asian Development Bank has approved a $42.2 million facility to boost India's northeastern bamboo industry. This initiative aims to enh...
- Govt pushes PSU banks to develop loan products of up to ₹1 lakh each for street vendorsPublic sector banks are developing new loan products up to ₹1 lakh for street vendors, aiming to help them build credit histories and trans...
- Assam Cabinet approves land law amendments to boost investmentAssam's Cabinet greenlit a bill to boost industrial investment by easing land reclassification for sectors like MSMEs and solar energy. Fai...
- Karnataka supports 10,500 food processing units, creates up to 1 lakh jobs: KAPPECKarnataka is championing micro food processing, supporting over 10,500 units and creating up to one lakh jobs. The state is also a leading ...
- Slowing rural incomes could weigh on consumer demand: Dhananjay SinhaHeadline rural wage growth in India is misleading, with underlying increases significantly lower than reported. Rising inflation, reverse m...
- Increasing farmers' income is key to rural, state development: Tripura CM Manik SahaTripura Chief Minister Manik Saha highlighted the state government's commitment to boosting farmers' incomes, emphasizing the Pradhan Mantr...
- Modi releases PM-Kisan instalment for 9.44 crore farmers, launches world's largest crop insurance scheme in BengalPrime Minister Narendra Modi disbursed over Rs 18,880 crore to 9.44 crore farmers under the PM-KISAN scheme. He also launched the Pradhan M...
- Mizoram CM Lalduhoma highlights role of externally aided projects in Northeast development at Shillong seminarMizoram Chief Minister Lalduhoma said externally aided projects not only provide financial assistance but also bring valuable technical exp...
- Govt readies farm safety net with banks, insurers as El Nino loomsThe government is enhancing financial safety nets for rural families. This initiative aims to cushion the impact of El Nino on farming. Eff...
- Lower crude may not mean cheaper fuel immediately: NIPFP economistGlobal crude oil prices may fall after Middle East peace efforts. However, fuel prices in India might not decrease immediately. Oil compani...
- Govt eyes rural credit push via flagship schemes, seeks to expand RRB customer baseThe government is enhancing rural credit by integrating the Grameen Credit Score with the JanSamarth portal for faster loan processing. Reg...
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