The Reserve Bank of India proposes a series of reforms to standardise loan pricing, enforce quicker rate adjustments, and improve transparency for borrowers, aiming for implementation from April 2027. The Reserve Bank of India is moving towards a more standardised…
With a vast ATM network remaining underutilised for services beyond cash withdrawals, Indian banks aim to transform their use cases amid shifting customer behaviour and rising digital payments. India’s banks are trying to squeeze more value from a network of…
India’s Insurance Regulatory and Development Authority (IRDAI) has introduced a centralised digital system to simplify and monitor insurance grievances, requiring policyholders to initially approach insurers before escalating issues, with enhanced transparency and tracking features. India’s Finance Ministry has reminded insurance…
Svatantra Microfin, led by Ananya Birla, files for a ₹3,000 crore IPO as it accelerates growth through geographic diversification, business restructuring, and expansion into secured lending sectors, aiming to strengthen its capital base and deepen its national reach. Svatantra Microfin,…
Morgan Stanley’s latest analysis highlights significant growth opportunities in India’s internet sector, with food delivery, e-commerce, and logistics set to benefit from rising digital adoption and economies of scale, as market shares surge and new models emerge. Morgan Stanley says…
As US 10-year Treasury yields soar to levels unseen since before the global financial crisis, Asian markets brace for spillover effects, including currency weakness and capital outflows, triggering fresh concerns about regional financial stability amidst a broader global bond sell-off.…
India’s securities regulator, SEBI, is re-evaluating its recently introduced closing auction system following feedback from market participants, marking a swift move to address potential issues after its debut in August. India’s securities regulator has moved quickly to reassess its new…
A viral claim of a village thali shop’s ₹1.95 lakh monthly sales highlights the complexities of small business profitability in India amidst rising digital payment scrutiny and formalisation efforts. A viral account of a village thali shop claiming monthly sales…
Prime Minister Narendra Modi has emphasised the importance of India’s expanding network of free trade agreements to help MSMEs increase their global footprint, highlighting recent pacts and the sector’s crucial role in the economy. Prime Minister Narendra Modi used his…
India’s foreign exchange reserves experienced a significant boost, climbing by $14.136 billion to reach $707.002 billion in a notable weekly increase, supported by currency inflows and gold holdings. India’s foreign exchange reserves rose sharply in the week ended August 7,…
