Search result for 'credit discipline'

RBI Governor emphasizes improving timely credit access for MSMEs as a key policy priority. Meeting held with MSME representatives.

IBBI Chief says amendments to insolvency law will enhance timelines, effectiveness, and align with global best practices.

S&P Global Ratings upgrades India''s insolvency regime ranking due to improved creditor-friendliness and IBC effectiveness.

Most PSU banks have removed minimum balance charges on savings accounts. Financial inclusion boosted by zero balance accounts.

IIM-Bangalore study reveals IBC's impact on improving credit discipline, reducing borrowing costs, and strengthening corporate governance in India.

Over 30,000 cases were settled before admission under the Insolvency and Bankruptcy Code (IBC) till December 2024, covering defaults worth Rs 13.78 lakh crore, an IBBI official said.

Public sector banks in India reported a record profit of Rs 1.78 lakh crore in FY25, driven by government reforms and recapitalization.

Bihar's SHG Plus model empowers rural women through financial inclusion, helping them build homes, educate children and secure their futures.

Indian public sector banks (PSBs) have posted a record Rs 1.29 lakh crore profit in April-December 2022, driven by improved asset quality, strong credit growth, and adequate capital buffers.

RBI Deputy Governor advises MSMEs to register on the Udyam Portal to enhance their creditworthiness and access formal finance. Learn about key steps for financial health.

Public sector banks (PSBs) in India reported strong performance in H1 FY25, with 26% growth in net profit and 11% increase in business, according to the finance ministry.

Finance Minister Nirmala Sitharaman highlights Modi government's success in turning around the banking sector, recovering over Rs 10 lakh crore in bad loans and implementing reforms for greater...

Public sector banks in India recorded a massive 35% increase in profit in FY24, reaching Rs 1.4 lakh crore. This growth is attributed to government reforms and recapitalization efforts.

RBI Deputy Governor M Rajeshwar Rao highlights the need for constant vigilance to mitigate risks in the financial sector, citing concerns over unbridled credit growth and the rise of fintech firms.

Reserve Bank of India (RBI) has announced new fair lending norms, effective April 1, prohibiting banks and NBFCs from using penal charges as revenue generators. The norms aim to ensure reasonable...