Search For "financial"
CPSEs's dividend distribution reaches Rs 1.50 lakh crore in FY25, govt sha
Updated : 11 months, 3 weeks ago IST
Central Public Sector Enterprises (CPSEs) have distributed record dividends in the financial year 2025, amounting to approximately Rs 1.50 lakh crore in aggregate, of which the government's share was Rs 74,000 crore, said Arunish Chawla, Secretary, Department of Investment and Public Asset M
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Piramal Finance and ICICI Bank Join Hands for Co-Lending Partnership
Updated : 11 months, 3 weeks ago IST
Mumbai (Maharashtra) [India], April 9: Piramal Finance Limited (formerly known as Piramal Capital & Housing Finance Ltd.), a leading Non-Banking Financial Company (NBFC), has partnered with ICICI Bank to improve credit accessibility for middle and low-income borrowers, especially in rura
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RBI announces six key measures to strengthen India's banking, fintech, pay
Updated : 11 months, 3 weeks ago IST
In a move to strengthen India's financial ecosystem, Reserve Bank of India (RBI) Governor Sanjay Malhotra on Wednesday announced six additional measures focused on banking regulation, fintech, and payment systems.
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Inflation projected at 4% in FY25- 26, risk evenly balanced amid good mons
Updated : 11 months, 3 weeks ago IST
The Reserve Bank of India (RBI), in its monetary policy announcement on Wednesday, said that inflation is expected to remain under control in the financial year 2025-26.
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Amidst Tariff challenges, RBI revises growth expectation from 6.7 % to 6.5
Updated : 11 months, 3 weeks ago IST
India's real GDP is revised downwards to grow at 6.5 per cent in the current financial year 2025-26 from earlier expectation of 6.7 per cent, highlighted Reserve Bank of India (RBI) Governor Sanjay Malhotra during the policy announcement on Wednesday.
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RBI cuts repo rate by 25 bps to 6% amid evolving global outlook
Updated : 11 months, 3 weeks ago IST
Announcing the decision after the MPC's three-day meeting held on April 7, 8, and 9, RBI Governor Sanjay Malhotra stated, "After a detailed assessment of the evolving macroeconomic and financial conditions and outlook, the MPC voted unanimously to reduce the policy repo rate by 25 basis poin
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Himachal Pradesh: CPIM warns of escalating protests if bus fare hike not r
Updated : 11 months, 3 weeks ago IST
Held under the banner of the CPIM, the demonstration witnessed participation from a large number of daily commuters, laborers, and local residents, all voicing concerns over the financial burden the fare hike would impose on the working class and economically weaker sections of society.
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AMIEE Association Announces Global Conference on AI, ML & Tech Innovat
Updated : 11 months, 3 weeks ago IST
New Delhi [India], April 8: The AMIEE Association, in collaboration with the CMAOI Association, is set to host the International Conference on "AI, ML, and Emerging Technologies: Transforming Industries and Society" from April 11 to 13, 2025. This virtual event aims to unite researchers, aca
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Government notifies amalgamation of Regional Rural banks on principles of
Updated : 11 months, 3 weeks ago IST
The Department of Financial Services (DFS) has notified the amalgamation of 26 Regional Rural banks (RRBs) on the principles of 'One State One RRB', the Ministry of Finance said in a statement Tuesday.
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Gujarat govt disburses Rs70,000 crore in loans in five years under PM Mudr
Updated : 11 months, 3 weeks ago IST
Between 2020-21 and 2024-25 financial years (up to November 2024), a total of Rs70,051 crore in loans has been disbursed under the Pradhan Mantri Mudra Yojana in Gujarat, said the State government in a press release.
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Regulatory easing to support India's credit growth expansion at 10.8% in F
Updated : 11 months, 3 weeks ago IST
Rating agency ICRA expects India's credit growth to expand at 10.8 per cent in the current financial year 2025-26.
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Decentro Deepens Presence in Southeast Asia with DigiAlly, Launches Indust
Updated : 11 months, 3 weeks ago IST
Bengaluru (Karnataka) [India]/Singapore, April 8: Decentro, India's leading API banking and financial infrastructure platform, announced today that it is deepening its presence in Southeast Asia by launching its advanced business credit and underwriting solution. Powered by a partnership wit
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