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CREDIT ENHANCEMENT SCHEMES
Banks can offer loans for FCNR (B), rebook deposits, RBI clarifiesIndian banks can now lend against FCNR(B) deposits, with the RBI offering forex swaps only on the principal amount. This move aims to attra...
Need to cut chemical fertilisers usage via crop diversification, incentives: EAC-PM ChairmanIndia must curb chemical fertilizer use by promoting crop diversification, natural farming, and productivity-linked incentives, stated EAC-...
India achieves MIV 2030 ship-recycling goal ahead of scheduleIndia has surged to become the world's leading ship-recycling nation in 2025, achieving this milestone ahead of schedule. This significant ...
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...
RBI overhauls Lead Bank Scheme after review, issues new guidelinesThe Reserve Bank of India has revamped the Lead Bank Scheme to boost district-level credit planning and financial inclusion. New guidelines...
India always spread peace in world: PresidentPresident Murmu emphasized India's commitment to peace through dialogue, contrasting it with global conflict. She lauded PM Modi's leadersh...
India's clean energy transition needs cleaner industrial supply chainsIndia's clean energy ambitions depend not just on renewable capacity but also on decarbonising industries. Cleaner supply chains, green man...
RBI revises Kisan Credit Card norms, standardises crop season definitionThe Reserve Bank has revamped the Kisan Credit Card (KCC) Scheme, standardizing crop season definitions for uniform loan sanctions and repa...
Why a Rs 72,000 crore fund manager refuses to chase defence rally nowICICI Prudential's Mittul Kalawadia advises caution on current market valuations. He notes that future growth is already factored into stoc...
GST@9: Building a more seamless, certainty-driven input tax credit frameworkA more balanced and predictable approach can help safeguard revenue, reduce disputes, enhance taxpayer confidence, and create a more effici...
India's current account deficit to remain 1.5-1.7% of GDP in FY27 but RBI measures may turn BoP surplus: SBI ReportIndia's current account deficit is projected for FY27. However, Reserve Bank of India measures are anticipated to improve the country's ext...
Credit cover for collateral-free education loans may be raised at inter-ministerial consultationsThe government is exploring increasing the credit guarantee cover for education loans. This move aims to allow banks to offer loans exceedi...
Over 100-year-old cooperative society transforming lives of farmers in PunjabA century-old cooperative in Punjab's Hoshiarpur district is empowering farmers with loans, equipment rentals, and ultra-low-cost biogas. T...
Iran war: Public sector banks asked to stay preparedPublic sector banks received guidance from the Centre to prepare for global uncertainties. The finance ministry reviewed bank performance a...
India unveils Port Performance Index, maritime digital reforms to boost global competitivenessSarbananda Sonowal said, “We have introduced the Logistics Port Performance Index (LPPI) for FY 2024-25. It is a major step towards improvi...
Retail central bank digital currency in circulation falls by 24% in FY26The value of retail central bank digital currency in circulation saw a significant drop of 24.08 percent in 2025-26. Despite this, the Rese...
Lenders urge RBI for hedging support framework to revive overseas borrowingIndian banks and companies are asking the Reserve Bank of India for help with offshore debt. High costs to protect against currency changes...
Why partnerships will define India’s agricultural transitionIndia's agriculture faces climate challenges. A robust public finance foundation can drive a new phase of growth. Regenerative agriculture ...
India to solidify partnership with Africa at high-stakes summitIndia is set to host a significant summit on May 31 to strengthen its partnership with African nations. The meeting will focus on enhancing...
India pushes MSME finance, cooperation agenda under BRICSIndia is leading BRICS efforts to boost small businesses. The focus is on better access to finance and using fintech for credit. BRICS nati...