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Finance/Fintech

Coal India Waives Financial Coverage for Non-Power Sector Consumers, Boosting Business Liquidity

Coal India Waives Financial Coverage for Non-Power…

Kolkata, Mar 3 (KNN) In a major step towards simplifying business transactions, Coal India Limited (CIL) has removed the requirement…

Government Plans Minority Stake Sales in State-Run Banks and Financial Firms

Government Plans Minority Stake Sales in State-Run…

New Delhi, Feb 25 (KNN) The Indian government is set to undertake minority stake sales in select state-run banks and financial…

Indian Overseas Bank Launches Aadhaar-OTP Account Opening and API Banking Services

Indian Overseas Bank Launches Aadhaar-OTP Account Opening…

Chennai, Feb 19 (KNN) Public sector lender Indian Overseas Bank (IOB) has introduced Aadhaar-OTP based account opening and…

Mumbai Co-op Bank Faces Regulatory Clampdown Amid Financial Woes

Mumbai Co-op Bank Faces Regulatory Clampdown Amid…

Mumbai, Feb 14 (KNN) In a significant regulatory intervention, the Reserve Bank of India (RBI) has imposed stringent restrictions…

Government Stays Committed To Fiscal Consolidation, Aims For 4.4% Fiscal Deficit: Budget 2025

Government Stays Committed To Fiscal Consolidation, Aims…

New Delhi, Feb 1 (KNN) In the Union Budget 2025-26, Finance Minister Nirmala Sitharaman reiterated the government's commitment…

Budget 2025: FM Sitharaman Allocates Rs 10.18 Lakh Crore for Capex, Targets 4.8% Fiscal Deficit

Budget 2025: FM Sitharaman Allocates Rs 10.18…

New Delhi, Feb 1 (KNN) Finance Minister Nirmala Sitharaman unveiled India's Union Budget for fiscal year 2025-26 on February…

Government Lifts FDI Limit For Insurance Sector To 100%, Boosting Investment: Budget 2025

Government Lifts FDI Limit For Insurance Sector…

New Delhi, Feb 1 (KNN) In the Union Budget 2025-26, Finance Minister Nirmala Sitharaman announced a significant policy change…

FM Sitharaman To Present Union Budget 2025-26 On Feb 1, Her Eighth Consecutive Budget

FM Sitharaman To Present Union Budget 2025-26…

New Delhi, Feb 1 (KNN) Finance Minister Nirmala Sitharaman is scheduled to present India's Union Budget for the fiscal…

Penal Charges Imposed by Banks and NBFCs Will Not Attract 18% GST: Finance Ministry

Penal Charges Imposed by Banks and NBFCs…

New Delhi, Jan 29 (KNN) In a significant move for both borrowers and financial institutions, the Ministry of Finance clarified…

Central Bank Digital Currency May Streamline Loan Recovery: RBI

Central Bank Digital Currency May Streamline Loan…

Mumbai, Jan 25 (KNN) In a forward-looking move, the Reserve Bank of India (RBI) is exploring the use of Central Bank Digital…

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