On the domestic banking scenario, Setty said credit growth remains robust despite concerns around liquidity. Citing Reserve Bank of India (RBI) data for December, he said, "bank credit growth has been in the range of 12-13 per cent, which is in line with nominal GDP growth of around 9-10 per
Surat (Gujarat) [India], January 21: BigBloc Construction Limited, one of the largest manufacturers of Aerated Autoclaved Concrete (AAC) Blocks, Bricks and ALC Panels in India has reported a consolidated revenue from operations of Rs. 72.81 crore Q3FY26, a rise of 28.1% Y-o-Y as compared to
The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved a significant equity support of Rs. 5,000 crore for the Small Industries Development Bank of India (SIDBI). This capital will be infused by the Department of Financial Services in three separate stages, starting with Rs
As the Union Budget 2026 approaches, stakeholders across the financial sector have called on the government to focus on strengthening the financial system through policy measures that ease capital constraints, promote responsible credit expansion and deepen financial inclusion.
Small business financing in India has undergone a massive digital transformation, with Public Sector Banks (PSBs) sanctioning more than 3.96 lakh MSME loan applications between April 1 and December 31, 2025. These sanctions, totalling over Rs 52,300 crore, were made possible through the newl
Prime Minister Narendra Modi interacted with entrepreneurs at the Bharat Mandapam on Friday to mark National Startup Day and the tenth anniversary of the Startup India initiative, as founders credited government backing for enabling deep-tech innovation. The event highlighted the growth of t
US President Donald Trump on Thursday (local time) credited his administration's tariff policy for "record financial performance", asserting that the country has "generated hundreds of billions of dollars" in revenue with "minimal inflation".
The CBI had registered the case on July 14, 2020, following a complaint from Canara Bank's Circle Office in Karnal, Haryana. It was alleged that the accused, acting in criminal conspiracy, dishonestly and fraudulently obtained credit limits and loans amounting to Rs 152 crore and siphoned
The upgrade reflects the group's continued commitment to nation-building and India's transformation, enabling measured growth and supporting the foundations of a stronger future India.
CM Yadav will transfer an amount of over Rs 1,836 crore to more than 1.25 crores eligible behnas across the state. In addition, over Rs 90 crore will be credited to the accounts of 29 lakh beneficiaries for gas cylinder refilling assistance on the occasion, according to an official releas
The report emphasizes that while the Ministry of MSME currently administers 18 schemes spanning credit assistance, skill development, and infrastructure, the sector faces challenges from overlapping objectives.
Industry leaders and entrepreneurs highlight the evolving startup ecosystem in India, crediting central initiatives for fostering a culture of indigenous innovation and long-term technological growth. According to these sector heads, the government's focus on digital platforms and direct eng