The Lok Sabha has taken up the Insolvency and Bankruptcy Code (Amendment) Bill, 2025, for consideration and passage. Union Finance Minister Nirmala Sitharaman introduced the Bill, which aims to further amend the Insolvency and Bankruptcy Code of 2016. The Bill seeks to address procedural delays...
bankruptcy
corporate debtors
corporate insolvency resolution process (cirp)
creditors
economic reform
finance minister
government of india
ibc
india
india economy
insolvency and bankruptcy code
legislative bill
lok sabha
nirmala sitharaman
non-performingassets (npas)
Mumbai, March 24 A special court in Mumbai has denied bail to Pune businessman Amit Thepade in a ₹117-crore money laundering case, ruling that economic offenses are "a serious threat to the financial health of the country."The court emphasized that statements recorded under the provisions of...
Ahmedabad, March 24 – A special CBI court in Ahmedabad has convicted and sentenced four accused, including two former officials of UCO Bank, to five years of Rigorous Imprisonment along with fines in two separate bank fraud cases, officials said on Tuesday.The court on March 23 awarded the...
New Delhi, March 17 Union Finance Minister Nirmala Sitharaman said on Tuesday that the Pradhan Mantri MUDRA Yojana has benefited many small entrepreneurs, and Rs 39.48 lakh crore has been sanctioned since the scheme's launch.Under the MUDRA scheme, launched by Prime Minister Narendra Modi on...
New Delhi, March 17 – Finance Minister Nirmala Sitharaman has reiterated the transformative role of the Pradhan Mantri Mudra Yojana (PMMY) in supporting small-scale entrepreneurs across India by providing collateral-free credit, enabling millions to turn their business ideas into reality without...
New Delhi, March 6 Aye Finance, which listed on stock exchanges last month, reported an 87 per cent increase in net profit at Rs 43 crore for the quarter ended December 2025, on Friday.The non-banking financial company (NBFC) specializing in micro-enterprise lending had earned Rs 23 crore in...
New Delhi, February 25 The Enforcement Directorate said on Wednesday that it has attached Reliance Group Chairman Anil Ambani's Mumbai house, "Abode," worth Rs 3,716 crore, under the anti-money laundering law.The attachment comes a day before Ambani, 66, is expected to appear before the...
Mumbai - The Indian Banks Association (IBA) released the ninth edition (EASE 9.0) and the EASE coffee table book for the 2026-27 financial year on Friday, February 20, 2026. The event was attended by Mr. M. Nagaraju, Secretary, Financial Services Department, Ministry of Finance, as the chief...
banking sector
capital adequacy
customer service
developed india@2047
digital banking
ease 9.0
ease program
financial inclusion
financial services department
indian banks association
non-performingassets (npas)
public sector banks
risk management
small and medium enterprises
state bank of india
New Delhi, February 16 – The Special Court has issued notices to Venugopal Dhoot and 12 other entities in the Rs 61,773 crore bank loan fraud case related to Videocon’s oil and gas business in Mozambique, according to a statement issued by the Directorate of Enforcement (ED) on Monday.The...
New Delhi, February 16 The ED said on Monday that a Delhi court has issued notices to Videocon Group promoter Venugopal Dhoot and a dozen other entities after taking cognizance of its chargesheet filed in connection with an alleged Rs 61,700-crore bank loan fraud linked to financing the...
New Delhi, February 9 The unfunded Old Pension Scheme (OPS) is likely to put significant pressure on the finances of states, especially with increasing life expectancy, which may limit capital expenditure for these states and create long-term intergenerational fiscal liabilities, Finance...
external debt
fiscal responsibility and budget management (frbm)
national pension system (nps)
non-performingassets (npas)
old pension scheme
reserve bank of india (rbi)
state finances
state government budgets