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Finance/Fintech

India's NBFC Sector Set For Robust Growth, AUM Seen Crossing Rs 50 Trillion

India's NBFC Sector Set For Robust Growth,…

New Delhi, Jun 24 (KNN) India's non-banking financial company (NBFC) sector is expected to maintain robust growth, with…

RBI Waives Reserve Requirements On NRE Deposits To Attract Foreign Inflows And Support Rupee

RBI Waives Reserve Requirements On NRE Deposits…

New Delhi, Jun 20 (KNN) The Reserve Bank of India (RBI) has exempted banks from maintaining statutory reserve ratios on fresh…

RBI Revises Lead Bank Scheme To Boost Financial Inclusion And Priority Sector Lending

RBI Revises Lead Bank Scheme To Boost…

New Delhi, Jun 20 (KNN) The Reserve Bank of India (RBI) on Friday issued final guidelines for the Lead Bank Scheme (LBS) after…

RBI Finalises Kisan Credit Card Norms; Implementation Pushed To Jan 2027

RBI Finalises Kisan Credit Card Norms; Implementation…

New Delhi, Jun 20 (KNN) The Reserve Bank of India (RBI) on Friday issued the final Kisan Credit Card (KCC) Scheme directions…

Net Direct Tax Collections Grow 14.6% YoY To Rs 5.21 Tn In FY27 So Far: Govt Data

Net Direct Tax Collections Grow 14.6% YoY…

New Delhi, Jun 19 (KNN) India's net direct tax collections rose 14.64 per cent year-on-year (YoY) to Rs 5.21 trillion during…

Finance Ministry Retains EPF Interest Rate At 8.25% For Over 7.8 Crore Subscribers

Finance Ministry Retains EPF Interest Rate At…

New Delhi, Jun 19 (KNN) The Ministry of Finance has approved an interest rate of 8.25 percent on Employees' Provident Fund…

RBI Unveils Unified Framework For Payment System Operators, Norms Effective Immediately

RBI Unveils Unified Framework For Payment System…

New Delhi, Jun 18 (KNN) The Reserve Bank of India (RBI) has issued Master Directions on Authorisation to Operate a Payment…

RBI Overhauls Framework To Curb Mis-Selling & Boost Customer Protection

RBI Overhauls Framework To Curb Mis-Selling &…

New Delhi, Jun 17 (KNN) The Reserve Bank of India (RBI) has issued amendments to its framework governing the advertising, marketing…

Banks May Face Rising Competition And Compliance Costs Under RBI Payments Vision 2028: EY

Banks May Face Rising Competition And Compliance…

New Delhi, Jun 17 (KNN) The Reserve Bank of India's (RBI) Payments Vision 2028 is set to bring both opportunities and significant…

Microfinance Industry Sees Revival In Lending And Asset Quality: SIDBI-Equifax

Microfinance Industry Sees Revival In Lending And…

New Delhi, Jun 17 (KNN) India's microfinance sector is showing early signs of recovery after multiple quarters of contraction,…

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