From collateral to clicks: RBI bulletin maps India’s digital credit revolutionIndia’s credit landscape is shifting from collateral-based lending to a data-driven, inclusive model powered by Digital Public Infrastructu...
ICICI Bank, SBI among top picks as banking sector prepares for earnings rebound; Motilal Oswal sees 12-15% upsideIndia’s banking sector is adapting to a low interest rate regime, with temporary NIM compression but improving liquidity, falling deposit c...
E-rupee in circulation grows to over Rs 1,000 crore; RBI exploring cross-border CBDC pilotsThe RBI reported a surge in e-rupee circulation to Rs 1,016 crore by March 2025, with pilots expanding to 17 banks and 60 lakh users. Cross...
JM Financial maintains Buy on ICICI Bank, raises target price to Rs 1,650JM Financial maintains a Buy call on ICICI Bank, revising the target price to Rs 1650. The bank reported strong Q4 results with a consolida...
4 schemes announced in Budget 2025 that will help homebuyers, farmers, gig workers and street vendorsFM Nirmala Sitharaman announces Budget 2025 initiatives for homebuyers, gig workers, farmers, and street vendors. Highlights include SWAMIH...
Punjab & Sind Bank to roll out instant loan scheme for MSMEs based on GST returnPunjab & Sind Bank plans to launch an instant loan scheme for MSMEs up to Rs 25 lakh, following the success of their digital home and vehic...
Frictionless credit initiative slashes operational costs for lenders by 70 pc: RBI officialThe Reserve Bank of India's frictionless credit initiative has resulted in a 70% reduction in customer acquisition costs for lenders and a ...
RBI looking to put more wholesale transactions under e-rupee ambit: SourcesThe Reserve Bank of India (RBI) plans to expand the use of its central bank digital currency (CBDC), known as e-rupee, for wholesale transa...
RBI to launch pilot on Public Tech Platform for frictionless credit: Soon, you will get loans in minutes; how it will workThe Public Tech Platform for frictionless credit is an end-to-end digital platform that has been developed by the Reserve Bank Innovation H...
RBI puts up Innovation Pavilion at G20 FMCBG meeting venueAs part of the 'Frictionless Credit', an experience centre has been set up to give a real-life feel of the transformational Digital Kisan C...
RBI's retail e-rupee pilot to start this month itself: RBI governorThe RBI governor Shaktikanta Das on Wednesday revealed that the RBI would follow up on the wholesale e-rupee pilot with a similar trial on ...
PM Modi praises Meghalaya organic farmers' union for its enterprising spirit"Hon'ble PM @narendramodi Ji also interacted with Meghalaya's #Organic Farmer, Revistar Kharumnuid, CEO of Eastern Ri Bhoi Organic Producer...
Convert MSP into floor price, set up contract farming body to resolve new farm laws impasse: ReportHowever, the report admits that converting MSP to a floor price of auction on the eNAM portal will not completely solve the problem as the ...
SBI facilitates farmers to revise limit on Kisan Credit Card through YONO appKCC review option will help farmers apply for the same in just 4 clicks from the comfort of their homes without any paperwork, SBI said. Th...
Government widens ambit of Rs 3 lakh crore MSME credit guarantee schemeThe maximum amount of guaranteed emergency credit line (GECL) funding under the scheme would also correspondingly increase from Rs 5 crore ...
PM-Kisan, mandi reforms steal the show in 2019The Centre's focus in 2019, continued to be 'kisan kalyan' (farmers' welfare) in the second term of the Modi administration and the policy ...
Top 50 defaulters of PSBs had exposure of Rs 1.21 lakh croreJayant Sinha said the number of wilful defaulters of PSBs rose from 5,554 to 7,686 in three years to December 2015.