Latest Updates Around The World
Saving money concept Man hand putting row and coin Writing Finance Saving money concept Man hand putting row and coin Writing Finance | Photo credit: SARINYAPINNGAM Small finance banks (SFBs) saw their asset quality and profitability deteriorate in 2024-25, while their credit-deposit ratio (CD) improved, according to the Reserve Bank of India’s trends and progress […]
M Nagaraju, Secretary, Ministry of Financial Services As India aims to become a developed country by 2047, it should consider extending more banking licenses to non-banking finance companies (NBFCs) and universal banking licenses to small finance banks (SFBs), M Nagaraju, secretary, Department of Financial Services (DFS) said at the State Bank of India (SBI) banking […]
The RBI said that from the 2025-26 financial year, the extra component (35%) of PSL will be reduced to 20%, which reduces the total PSL target white as 60%of ANBC (adapted NetBank credit) or creditquival of exhibitions outside the balance sheet (CEOB) (CEOBE), higher. | Photocredit: Danish siddiqui The Reserve Bank of India (RBI) has […]
