The Reserve Bank of India has introduced a revamped Inflation Targeting Framework in 2025, aiming to keep inflation within a tighter band of 4% ± 1%. This shift comes as inflationary pressures from global commodity prices and supply chain disruptions continue to affect the Indian economy. For investors, this means the RBI is now more […]
Micro, Small, and Medium Enterprises (MSMEs) in India are experiencing a resurgence, thanks to recent government initiatives aimed at easing credit access. The introduction of collateral-free loans and simplified application processes has led to a 15% increase in credit disbursal to MSMEs in the first quarter of 2025. These measures are designed to empower small
In a significant move to promote affordable housing, the Indian government has introduced a new subsidy scheme aimed at first-time homebuyers. The scheme offers interest subsidies on home loans up to ₹35 lakh, making homeownership more accessible for the middle-income group. This initiative is expected to stimulate the real estate sector and provide a much-needed
In a significant move for India’s banking sector, Japan’s Sumitomo Mitsui Banking Corporation (SMBC) has agreed to acquire a 20% stake in Yes Bank for approximately ₹13,480 crore ($1.58 billion). This acquisition marks the largest cross-border merger and acquisition deal in India’s financial sector. SMBC will purchase a 13.19% stake from the State Bank of
Indian stock markets experienced a significant surge, with benchmarks jumping over 2.5% in early trading on Monday, driven by relief after India and Pakistan reached a ceasefire following recent military escalations. The Nifty 50 rose to 24,700.05, and the BSE Sensex reached 81,689.46, recovering losses from the previous week. Small- and mid-cap indices outperformed, rising
In a strong message aimed at safeguarding the financial stability of the country, the Honourable Finance Minister has directed all public and private sector banks to remain fully alert and proactive amid evolving economic conditions and emerging risks. During a recent high-level meeting with senior officials and bank representatives, the Finance Minister emphasized the need
India’s Central Bank Digital Currency (CBDC), the Digital Rupee (e₹), is witnessing growing adoption across the country. As of April 2024, approximately 4.6 million customers and 400,000 businesses have registered to use the digital rupee. Major retailers like Reliance Retail have begun accepting e₹, and payment platforms such as Google Pay and PhonePe are integrating
After over three years of negotiations, the United Kingdom and India have finalized a comprehensive free trade agreement. This deal significantly reduces tariffs on a range of goods, including a phased reduction of whisky and gin tariffs in India from 150% to 40% over ten years. Additionally, 99% of Indian exports like textiles, food, and
Moody’s Ratings projects India’s GDP to expand by 6.6% in the fiscal year ending March 2025. This growth is expected to bolster the profitability of Non-Banking Financial Companies (NBFCs) by fueling robust loan demand, even amidst rising funding costs. The strong economic conditions are anticipated to help NBFCs maintain asset quality despite potential increases in
In a groundbreaking move this May, the Reserve Bank of India (RBI) has greenlit the use of AI-based credit scoring models to serve new-to-credit (NTC) borrowers—especially gig workers, students, and rural citizens. Unlike traditional CIBIL scores, these AI models analyze mobile payment history, digital footprint, and utility bill payments to generate dynamic, real-time scores. 🤖📱
