Latest Updates Around The World
M Nagaraju, Secretary, Ministry of Financial Services | Photo credit: ANI Financial Services Minister Nagaraju M on Friday called on banks to provide loans to small businesses and the self-employed at lower interest rates as these are backed by credit guarantees from government agencies. He noted that banks are chasing companies and offering loans at […]
RBI issued these new directions on February 13, 2026. | Photo credit: ANUSHREE FADNAVIS According to a report by JM Financial, the Reserve Bank of India’s (RBI) new rules on banks’ exposure to the capital market will allow lenders to actively participate in corporate takeovers, mergers and acquisitions (M&A) and leveraged buyouts. The report says […]
In reality, lenders are looking at a much bigger picture. Credit history matters, but so does income stability, existing debt and how you approach the application itself. While there is no guaranteed formula for approval, there are steps you can take to improve your chances without pretending that your finances are impeccable. Here’s what Canadian […]
When your company owes you money If you personally pay the costs on behalf of your company, it will owe you these personally paid business costs. You can be reimbursed tax-free. If you deposit money into your company, the same situation applies: you get money back tax-free. This situation can arise if you need to […]
Image created using AI The Reserve Bank of India (RBI) has already switched from monthly to 15-day credit reporting from January 1, 2025. Now, it has issued draft rules that will take the system further: By July 1, 2026, banks and NBFCs will have to update your credit details with bureaus every week.Here’s what that […]
When to say no to borrowing If borrowing money puts you behind, the answer should be a straight no, says Cindy Marques, certified financial planner and CEO of MakeCents. That’s because you may not be able to get the money back, she said. “It’s fair to intervene on the basis that you may not get […]
Loan agreements were signed for the Maharashtra Power Distribution Enhancement Program for Agricultural Solarisation, the Indore Metro Rail Project and the Gujarat Skills Development Program. The Government of India and the Asian Development Bank (ADB) have signed agreements for three loans worth more than $800 million for projects in Maharashtra, Madhya Pradesh and Gujarat. Accordingly, […]
The domestic market witnessed sharp volatility on the monthly expiration day, driven by a weakening rupee and continued FII outflows. Caution prevailed as investors waited for clarity on a possible rate cut at the upcoming FOMC meeting and progress on the India-US trade deal, despite some improving signs.This is how analysts read the market pulse:Analysts […]
RBI has also proposed to include the framework introduced in 2016 that the lending by banks does not approve of specified borrowers (with credit limit of the banking system of £ 10,000 crore and higher). | Photocredit: Dhiraj Singh The RBI relocation to improve the lending of banks to stock market investors will deepen the […]
