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Finance/Fintech

Finance Ministry Invokes Force Majeure Relief For Contracts Hit By West Asia Conflict

Finance Ministry Invokes Force Majeure Relief For…

New Delhi, May 4 (KNN) The Ministry of Finance has declared the ongoing West Asia situation as a Force Majeure (FM) event for…

FinMin Pushes PSU Insurers To Improve Efficiency, Review Banks' Progress on Financial Inclusion Schemes

FinMin Pushes PSU Insurers To Improve Efficiency,…

New Delhi, Apr 30 (KNN) The Secretary, Department of Financial Services (DFS) M. Nagaraju held a high-level meeting to comprehensively…

RBI Unveils ‘Mission SAKSHAM’ For Capacity Building In Urban Cooperative Banks

RBI Unveils ‘Mission SAKSHAM’ For Capacity Building…

New Delhi, Apr 29 (KNN) The Reserve Bank of India (RBI) Governor Sanjay Malhotra on Tuesday launched ‘Mission SAKSHAM’,…

RBI Shifts To Expected Credit Loss Model To Strengthen Bank Resilience 

RBI Shifts To Expected Credit Loss Model…

New Delhi, Apr 28 (KNN) The Reserve Bank of India (RBI) is set to implement an expected credit loss (ECL)-based provisioning…

MCA Proposes Amendments To Incorporation Rules, Invites Stakeholder Feedback

MCA Proposes Amendments To Incorporation Rules, Invites…

New Delhi, Apr 27 (KNN) The Ministry of Corporate Affairs (MCA) has released a draft notification proposing amendments to the…

RBI Cancels Paytm Payments Bank Licence With Immediate Effect

RBI Cancels Paytm Payments Bank Licence With…

New Delhi, Apr 25 (KNN) The Reserve Bank of India (RBI) has cancelled the banking licence of Paytm Payments Bank Limited with…

RBI Sees Resilient Demand, Warns Of Emerging Supply-Side Stress

RBI Sees Resilient Demand, Warns Of Emerging…

New Delhi, Apr 25 (KNN) The Reserve Bank of India (RBI) has flagged mixed trends in the Indian economy, with resilient demand…

RBI Closely Watching FDI Outflows And FX Movements: Guv Malhotra

RBI Closely Watching FDI Outflows And FX…

New Delhi, Apr 22 (KNN) Reserve Bank of India (RBI) Governor Sanjay Malhotra said that the recent short-term fluctuations such…

Foreign Ownership To Support Credit Strength Of Indian Financial Firms: Fitch Ratings

Foreign Ownership To Support Credit Strength Of…

New Delhi, Apr 21 (KNN) Significant foreign ownership can support the credit profiles of Indian financial institutions by providing…

Bank NPAs To Stay Stable At 2–2.2% By FY27: Crisil

Bank NPAs To Stay Stable At 2–2.2%…

New Delhi, Apr 18 (KNN) Crisil Ratings expects Indian banks to maintain stable asset quality over the next two years, with…

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