ADB Funds Aavas to Boost Affordable Housing and MSME Loans
The Asian Development Bank has taken a major step to support India’s underserved communities. It signed a senior secured debt financing package worth up to 108 million dollars with Aavas…
RBI Cracks Down on Offshore Rupee Trades for Market Transparency
The Reserve Bank of India is taking a major step to shed light on hidden financial flows. On Monday, it issued draft norms targeting offshore rupee derivative transactions. This move…
India Eases Debt Pressure with Major Bond Switch Operation
India’s central bank announced a significant bond switch operation on Thursday. This move is a key part of the government’s debt management strategy. It involves swapping shorter-term bonds for longer-dated…
Govt and RBI Boost Cooperative Banks with New Reforms
The Indian government and the Reserve Bank of India have unveiled a series of measures to fortify cooperative banks. These steps target financial health, governance, and digital inclusion. They also…
Unclaimed Bank Deposits Hit Rs 72,454 Crore in DEA Fund
A staggering sum of money lies forgotten in India’s banking system. As of late January 2026, unclaimed bank deposits have reached a colossal Rs 72,454 crore. This massive amount is…
IDFC FIRST Bank Q3 Profit Soars 48% to Rs 503 Crore
IDFC FIRST Bank has announced its unaudited financial results for the quarter ended December 31, 2025. The figures reveal a period of robust growth and improving financial health. The bank’s…
Rupee Soars 119 Paise on US-India Trade Deal Breakthrough
The Indian rupee made a powerful leap forward in early trade Tuesday. It appreciated by a significant 119 paise against the US dollar. This surge followed a major development in…
FM Announces Rs 10,000 Crore Growth Fund for MSME Champions
Finance Minister Nirmala Sitharaman has unveiled a bold new strategy to empower India’s MSME sector. Presented during the Budget speech from the newly constructed Kartavya Bhawan, the plan centers on…
Kerala’s Budget Disappointment Amid Higher Tax Share
Kerala’s response to the Union Budget is one of sharp disappointment. Both the ruling LDF and opposition UDF have slammed it for what they call total neglect. The only positive…
Fiscal Deficit Pegged at 4.3% in New Budget
Union Finance Minister Nirmala Sitharaman reaffirmed the government’s commitment to fiscal consolidation on Sunday. She presented the Union Budget in Lok Sabha with key financial targets. The fiscal deficit for…