banks

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    Govt Maintains Small Savings Interest Rates for Eighth Quarter

    New Delhi, March 30 The government on Monday maintained the same interest rates for various small savings schemes, including PPF and NSC, for the eighth consecutive quarter, starting April 1, 2026."The interest rates on various Small Savings Schemes for the first quarter of FY 2026-27...
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    West Garo Hills: Curfew Extended, Peace Crusade Progresses

    The situation in West Garo Hills remained peaceful today, with no reported incidents. As a precaution, the curfew has been extended from 6:00 AM on March 16 to 6:00 AM on March 17, 2026, with a 12-hour relaxation from 6:00 AM to 6:00 PM on March 16 to allow normal activities. Educational...
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    MFI Portfolio Contracts by 40% - Banks Lag Other Lenders

    Mumbai, March 16 The outstanding portfolio of microfinance by banks contracted by 40 per cent year-on-year to ₹65,687 crore in the third quarter of FY26, according to a report released on Monday.This is the sharpest decline among all categories of lenders, which also includes dedicated...
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    DC Kumar Abhishek Reviews Mission YUVA and Affordable Housing Initiatives

    REASI, March 4: Deputy Commissioner Kumar Abhishek chaired a meeting of the District Level Implementation Committee to review proposals under Mission YUVA.Following a thorough review, 311 cases were approved for financial assistance and institutional support. The DC instructed banks to...
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    APSECM Drives Sustainable Growth with Energy Conservation Initiatives

    Amaravati, February 24 The "Investment Bazar" workshop, held here on Tuesday, emphasized the time-bound implementation of identified energy efficiency projects to accelerate sustainable industrial growth in Andhra Pradesh, an official said.Chief Executive Officer of the Andhra Pradesh State...
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    RBI Issues Guidelines on Mis-Selling, Banks Face Stricter Rules

    New Delhi, February 23 Finance Minister Nirmala Sitharaman on Monday strongly criticised banks for mis-selling financial products, including insurance, saying it is a violation of the Bharatiya Nyaya Sanhita (BNS)."Banks should focus on their core business... My biggest concern has always...
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    KYC Security: PM's Guidance for a Safe Banking Experience

    February 22, New Delhi: Prime Minister Narendra Modi advised people to be cautious when receiving messages or calls related to KYC updates. He explained that banks periodically conduct KYC processes to ensure the security of accounts and urged citizens to remain vigilant.
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    Indian Stock Market Continues Upward Trend Amid Positive Sectoral Developments

    Mumbai, February 17 Stock markets closed higher for the second consecutive day on Tuesday, driven by gains in shares of banks, IT companies, and capital goods firms.The 30-share BSE Sensex rose by 173.81 points, or 0.21 percent, to close at 83,450.96. The index fluctuated between a high of...
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    Market Recap: Banks and IT Stocks Lead Second Day of Sector Rally

    Mumbai, February 17 Stock markets closed higher for the second consecutive day on Tuesday, driven by gains in shares of banks, IT companies, and capital goods firms.The 30-share BSE Sensex rose by 173.81 points, or 0.21 percent, to close at 83,450.96. The index fluctuated between a high of...
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    New RBI Rules Permit Bank Financing for Real Estate Investment Trusts

    Mumbai, February 13 The Reserve Bank proposed on Friday allowing banks to extend loans to REITs, capping the total exposure at 49 percent of the asset value under each investment trust.Banks will provide loans only to listed Real Estate Investment Trusts (REITs).Currently, there are five...
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    India Strengthens Cybersecurity Ecosystem with New Initiatives

    New Delhi, Feb 10 Union Home Minister Amit Shah on Tuesday called on the CBI and I4C to develop a joint system with other institutions like the NIA, ED, and banks to create a “coordinated and highly secure ecosystem” and remain “two steps ahead” in countering cybercriminals who use novel...
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