India launches First Maritime NBFC -Sagarmala Finance Corporation Limited (SMFCL)
Staff Reporter Union Minister for Ports, Shipping and Waterways, Sarbananda Sonowal, today inaugurated India’s first Non-Banking Financial Company-NBFC in the…
Category: BANKING
RBI Harmonises Project Lending Rules Across Banks, NBFCs, UCBs
R. Suryamurthy The Reserve Bank of India (RBI) has issued new “Reserve Bank of India (Project Finance) Directions, 2025,” set…
President Murmu: Cost Accountants Crucial for Economic and Climate Goals
A cost accountant is a financial professional who focuses on tracking, analyzing, and controlling a company’s costs, particularly those related to…
Modi 3.0: A Decade of Deepening Financial Access for All
Staff Reporter India’s journey toward universal financial inclusion has made remarkable strides under the leadership of Prime Minister Narendra Modi,…
Affordable Housing Gets a Push as RBI Cut Repo Rate
R. Suryamurthy In a significant move set to energize India’s housing sector, the Reserve Bank of India’s Monetary Policy Committee…
RBI cuts repo rate to 5.5%, shifts policy stance to neutral
AMN New Delhi, June 6, 2025 — In a significant move to boost economic momentum, the Reserve Bank of India…
RBI Slaps Penalties on Three Financial Institutions Over Regulatory Breaches
Mumbai, June 5, 2025 — The Reserve Bank of India (RBI) has imposed monetary penalties on three financial institutions for…
India cautions ADB of Potential Misuse of Funds by Pakistan
Staff Reporter India has raised strong concerns with the Asian Development Bank (ADB) regarding the potential misuse of financial assistance…
Moody’s: Indian Banks Remain Resilient Amid Global Economic Uncertainty
R. Suryamurthy India’s banking sector remains well-insulated from global economic turbulence, thanks to strong domestic macroeconomic fundamentals, Moody’s Ratings said…
CBDT: Filing of Income Tax Returns (ITRs) extended to 15th September 2025
AMN In view of the extensive changes introduced in the notified Income Tax Returns (ITRs) and considering the time required…