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ANNUAL CREDIT ACTION PLAN
Proverb of the day: 'He who learns but does not practice is like he who ploughs but does not sow' - The timeless Persian wisdom on turning knowledge into resultsA timeless Persian proverb reminds us that learning alone is not enough. Just as a farmer cannot expect a harvest without sowing seeds, kno...03 Jul, 2026, 02.48 PM IST- EPF Scheme 2026: Will you get more than 8.25% interest on your PF contributions now? Check EPFO updateA new Employees' Provident Funds Scheme, 2026, has replaced the 1952 version under the Code on Social Security, 2020. The EPF interest rate...03 Jul, 2026, 11.12 AM IST
- BoB, BoI, PNB see 350 bps credit-deposit gap widenThree major public sector banks – Bank of Baroda, Bank of India, and Punjab National Bank – are showing a significant gap between their cre...03 Jul, 2026, 06.10 AM IST
- 'India's private credit market primed for sustained growth'India's private credit market is poised for significant expansion, projected to reach $50 billion by 2030, fueled by increasing corporate f...03 Jul, 2026, 12.32 AM IST
- From WFH to 2x parking charge, these rules are now permanent in Delhi from Nov 1 to Feb 28Delhi has rolled out a permanent winter anti-pollution plan, effective November 1 to February 28 annually. This framework mandates strict m...02 Jul, 2026, 07.28 PM IST
- Bank of Baroda settles NMC Health dispute for $600 million; Q1 credit grows 17%Bank of Baroda has settled a significant legal dispute with NMC Health entities for USD 600 million, resolving claims under UAE and UK regu...02 Jul, 2026, 04.23 PM IST
- Zoho's Sridhar Vembu unveils new mission, nearly 6,000 km away from IndiaZoho founder Sridhar Vembu is embarking on a mission to connect rural Indian and Japanese businesses, aiming to revive traditional craftsma...02 Jul, 2026, 12.07 PM IST
- India's private credit market doubles to $25 billion AUM in five years: ReportIndia's private credit market is booming, nearly doubling to $25 billion in assets under management over five years, fueled by strong busin...02 Jul, 2026, 12.03 PM IST
- PM Modi, Japan PM Sanae Takaichi to jointly inaugurate Maruti Suzuki's 4th plant at KharkhodaPrime Minister Narendra Modi and his Japanese counterpart will inaugurate Maruti Suzuki's expansive new manufacturing facility in Kharkhoda...02 Jul, 2026, 11.59 AM IST
- India's lending boom might no longer be largely bank-ledIndia's private credit market is booming, doubling in five years to $25 billion as companies seek alternatives to traditional bank loans fo...02 Jul, 2026, 09.52 AM IST
- RBI floating rate bond : Has 8.05% interest rate changed? Here's what investors should knowThe Reserve Bank of India has maintained the Floating Rate Savings Bond interest rate at 8.05% following the Finance Ministry's decision to...02 Jul, 2026, 09.20 AM IST
- Promoters with fraud loan A/Cs may not get to join other companies as directorsThe move follows concerns raised by banks, citing cases where such promoters continue to hold directorships elsewhere. Existing laws do not...02 Jul, 2026, 12.24 AM IST
- Filing ITR? Here's what AIS and Form 26AS tell the income tax department about youAs taxpayers gear up for ITR filing in AY 2026-27, understanding the consolidated Form 168 (formerly AIS and Form 26AS) is crucial. This un...01 Jul, 2026, 12.34 PM IST
- New rules from July 1, 2026: Aadhaar update, passport fees, LPG prices, credit cards, railways and other major changes explainedSeveral important financial and regulatory changes have come into effect from July 1, 2026, impacting taxpayers, Aadhaar holders, passport ...01 Jul, 2026, 08.52 AM IST
- Bank credit to industry grows at robust 17.5% in May: RBIIndian banks witnessed a significant surge in credit to industries, with a robust 17.5% annual growth in May. This expansion was driven by ...30 Jun, 2026, 07.36 PM IST
- Foreign investments in your portfolio? Follow this ITR checklist to avoid tax scrutinyResident and Ordinarily Resident (ROR) taxpayers with foreign assets or income must carefully disclose overseas investments, dividends and ...29 Jun, 2026, 11.22 AM IST
- What should Dubai residents know about new ‘flexi rent’ plan that will allow tenants to pay monthlyDubai is revolutionizing its rental system with the 'Flexi Rent' program, allowing tenants to pay rent in monthly, quarterly, or semi-annua...25 Jun, 2026, 01.37 PM IST
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