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Finance/Fintech

PSBs' Gross NPAs Fall To Multi-Decade Low Of 1.9% In FY26: Finance Ministry

PSBs' Gross NPAs Fall To Multi-Decade Low…

New Delhi, Jul 29 (KNN) Public sector banks (PSBs) recorded a significant improvement in financial health during FY26, with…

IBC Resolution Plans Realise Rs 2.47 Lakh Crore For Creditors In Five Years

IBC Resolution Plans Realise Rs 2.47 Lakh…

New Delhi, Jul 29 (KNN) A total of 1,077 cases have yielded resolution plans under the Insolvency and Bankruptcy Code (IBC),…

India Needs Deeper Financial Markets To Achieve Viksit Bharat: RBI Deputy Governor

India Needs Deeper Financial Markets To Achieve…

Mumbai, Jul 28 (KNN) India must develop deep, broad and resilient financial markets before achieving developed economy status,…

Government Proposes Doubling Small Company Paid-Up Capital Limit To Rs 20 Crore

Government Proposes Doubling Small Company Paid-Up Capital…

New Delhi, Jul 28 (KNN) The government has proposed increasing the statutory ceiling for paid-up share capital under the definition…

Strong FCNR(B) Deposits May Drive Forex Inflows To USD 85 Bn: SBI Research

Strong FCNR(B) Deposits May Drive Forex Inflows…

New Delhi, Jul 27 (KNN) India could receive Foreign Currency Non-Resident (Bank) [FCNR(B)] deposits in the range of USD 65–70…

Axis Finance Unveils ‘Drishti’ Platform To Support Retail And MSME Lending

Axis Finance Unveils ‘Drishti’ Platform To Support…

New Delhi, Jul 27 (KNN) Axis Finance Limited (AFL) has launched a configurable digital platform, Axis Finance Drishti, aimed…

Parliamentary Panel Seeks Clear SEBI-RBI Jurisdiction Under Proposed Securities Markets Code

Parliamentary Panel Seeks Clear SEBI-RBI Jurisdiction Under…

New Delhi, Jul 24 (KNN) The Parliamentary Standing Committee on Finance has recommended a clearer division of regulatory responsibilities…

RBI Proposes Simpler FDI Rules To Streamline Foreign Investment Framework

RBI Proposes Simpler FDI Rules To Streamline…

New Delhi, Jul 22 (KNN) The Reserve Bank of India (RBI) on Tuesday released draft ‘Foreign Exchange Management (Foreign…

Govt Plans Unified Digital Platform To Overhaul Insolvency Ecosystem, Seeks Stakeholder Feedback

Govt Plans Unified Digital Platform To Overhaul…

New Delhi, Jul 22 (KNN) The Ministry of Corporate Affairs (MCA) has proposed the creation of an Integrated Platform for Insolvency…

Financial Inclusion Mission Strengthens Access to Banking, Social Security Schemes & Institutional Credit

Financial Inclusion Mission Strengthens Access to Banking,…

New Delhi, Jul 22 (KNN) The Government has reported the latest coverage figures under key financial inclusion schemes, including…

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