Bhubaneswar, February 9 Odisha's finance department principal secretary, Sanjeeb Kumar Mishra, on Monday urged bankers to make efforts to increase financial literacy among poor and rural people to protect them from financial fraudsters.Mishra made the remarks while speaking at an event...
Mumbai, February 9 The RBI stated on Monday that banks can extend collateral-free loans up to ₹25 lakh to Micro and Small Enterprises (MSEs) based on their good track record and financial standing.The Reserve Bank of India (RBI) has amended the guidelines related to "Lending to Micro, Small &...
New Delhi, February 9 The Supreme Court on Monday described the siphoning of over ₹54,000 crore by digital fraudsters as "absolute robbery or dacoity" and asked the Centre to draft a standard operating procedure in consultation with stakeholders such as the RBI, banks, and the Department of...
Mumbai, February 9 Reserve Bank Governor Sanjay Malhotra launched the 11th edition of Financial Literacy Week (FLW) 2026 on Monday, with the theme "KYC – Your First Step to Safe Banking."The Reserve Bank of India (RBI) has been conducting FLW every year since 2016 to promote financial...
New Delhi, February 9 Moody's Ratings projected on Monday that India's GDP will grow at 6.4 per cent in the next fiscal year, the fastest pace among G-20 economies, driven by strong domestic consumption, policy measures, and a stable banking system.In its report on the banking system, Moody's...
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