New Delhi, April 14 -- The Centre is working on long-awaited changes to Know Your Customer (KYC) rules, simplifying the process for lower-risk customers and tightening checks on higher-risk accounts. ... Read More
New Delhi, March 11 -- The central government may divest 2-3% of its stake in Life Insurance Corporation (LIC) in 2025-26, depending on market conditions, as part of its efforts to meet the mandated 1... Read More
New Delhi, March 9 -- The National Bank for Financing Infrastructure and Development (NaBFID) is in advanced talks with the World Bank to help reduce the cost of financing infrastructure projects, a t... Read More
New Delhi, Feb. 27 -- The Indian government may consider issuing 50-year on-tap bonds in the next fiscal (FY26), in a bid to encourage insurance companies to subscribe and better manage their business... Read More
New Delhi, Feb. 19 -- The Union government plans to launch a Grameen Credit Score system within six months, mirroring the MSME credit framework, to boost formal lending to farmers, self-employed indiv... Read More
New Delhi, Feb. 13 -- Finance minister Nirmala Sitharaman on Thursday defended the tax relief measures in the Budget, emphasizing that they primarily benefit middle-income earners. Responding to a de... Read More
New Delhi, Feb. 11 -- Three of the five state-run banks, which have yet to bring the government ownership below 75% and meet the market regulator's 25% minimum public shareholding norm, are expected t... Read More
New Delhi, Feb. 11 -- Three of the five state-run banks, which have yet to bring the government ownership below 75% and meet the market regulator's 25% minimum public shareholding norm, are expected t... Read More