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Finance/Fintech

RBI May Hold Off On Immediate CRR Hike As Surplus Banking Liquidity Expected To Ease Through FY27: UBI Report

RBI May Hold Off On Immediate CRR…

New Delhi, Sep 9 (KNN) The Reserve Bank of India may not need to raise the cash reserve ratio (CRR) in the near term as surplus…

GIFT-IFSC IBUs Sanction USD 54.02 Bn Under FCNR(B) Swap Facility, Disburse USD 52.82 Bn

GIFT-IFSC IBUs Sanction USD 54.02 Bn Under…

New Delhi, Sep 3 (KNN) IFSC Banking Units (IBUs) at GIFT City’s International Financial Services Centre (GIFT-IFSC) have…

No Automatic Data Sharing Between MCA, RBI For Foreign Company Registration: MCA

No Automatic Data Sharing Between MCA, RBI…

New Delhi, Sept 3 (KNN) The Ministry of Corporate Affairs (MCA) has clarified that there is currently no automatic data-sharing…

Bank Credit Growth Surges To 19.1% YoY In July As Industry, Services Lending Surge: RBI

Bank Credit Growth Surges To 19.1% YoY…

New Delhi, Sep 2 (KNN) Non-food bank credit growth accelerated sharply to 19.1 per cent year-on-year (YoY) as of the fortnight…

India Should Develop Multi-Sectoral AI Sandboxes To Support Responsible Adoption: DFS Official

India Should Develop Multi-Sectoral AI Sandboxes To…

New Delhi, Sept 1 (KNN) India should develop multi-sectoral regulatory sandboxes to accelerate artificial intelligence (AI)…

Delhi Leads In Low Debt Burden, Arunachal Pradesh Highest: State Fiscal Tracker

Delhi Leads In Low Debt Burden, Arunachal…

New Delhi, Aug 31 (KNN) Delhi recorded the lowest debt burden among states and Union Territories with comparable data in 2024-25…

Currency Hedging Could Raise Green Project Financing Costs By 6-8%: CII-IIM Ahmedabad

Currency Hedging Could Raise Green Project Financing…

New Delhi, Aug 29 (KNN) Currency hedging could add 6-8 per cent to the annual financing costs of green projects in India, increasing…

FIDC Urges RBI To Reconsider NBFC Revolving Credit Curbs, Flags MSME Impact

FIDC Urges RBI To Reconsider NBFC Revolving…

New Delhi, Aug 29 (KNN) The Finance Industry Development Council (FIDC), an industry body representing non-banking financial…

Commercial Sector Funding More Than Doubles To Rs 10.65 Lakh Cr In First Four Months Of FY27: RBI

Commercial Sector Funding More Than Doubles To…

New Delhi, Aug 27 (KNN) The flow of financial resources to India’s commercial sector more than doubled to Rs 10.65 lakh…

Bank Consolidation to Create a Few Large Banks of Similar Size Can Help Meet India’s Rising Credit Needs: EAC-PM

Bank Consolidation to Create a Few Large…

New Delhi, Aug 27 (KNN) India should consider consolidating banks to create a few large institutions of broadly similar size…

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