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Lower risk rules for NBFC loans to free up ₹40k cr
February 27, 2025
|The New Indian Express Vijayawada
The central bank lowered the risk weightage on banks' exposure to non-banks and micro-lenders from 125% to 100%
THE Reserve Bank's latest decision to rollback the additional 25 percentage points risk weights to 125% on banks' exposure to non-banks and micro-lenders will free up ₹40,000 crore of capital for the banks. This capital can be used to lend an additional ₹4 lakh crore to a credit-starved economy, say analysts.
هذه القصة من طبعة February 27, 2025 من The New Indian Express Vijayawada.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من The New Indian Express Vijayawada
The New Indian Express Vijayawada
CBT holds EPF interest rate at 8.25% for FY26
The Central Board of Trustees (CBT) has recommended an 8.25% rate of interest on Employees’ Provident Fund (EPF) deposits for 2025-26, offering continued relief and stable returns to over six crore subscribers amid global economic uncertainties.
1 min
March 03, 2026
The New Indian Express Vijayawada
Not just guns, Army bakes too on China border
THE Army organised a month-long comprehensive bakery training programme for civilians at Menchuka (also Mechuka) on the China border in Arunachal Pradesh.
1 min
March 03, 2026
The New Indian Express Vijayawada
Fino Payment Bank says CEO arrest has nothing to do with GST evasion
THREE days after its managing director and chief executive Rishi Gupta was arrested for alleged GST evasion, Fino Payment Bank on Monday said the arrest of its senior official has nothing to do with tax evasion and that the arrest was linked to investigation into some programme managers associated with multiple banks and that the bank is fully GST complaint.
1 min
March 03, 2026
The New Indian Express Vijayawada
NAAC chief says AI disruption demands flexible curriculum
AS India’s higher education system transitions to meet the needs of Gen Z and the upcoming Gen Alpha, Ganesan Kannabiran, Director of the National Assessment and Accreditation Council (NAAC), highlighted the pressing challenge of adapting education to these digitally native and globally aware generations.
1 min
March 03, 2026
The New Indian Express Vijayawada
Himachal faces cash crunch, Sukhu meets Sitharaman and seeks package
AHEAD of the 2026-27 Himachal Pradesh Budget, Chief Minister Sukhvinder Singh Sukhu met Union Finance Minister Nirmala Sitharaman on Monday and warned of an “imminent fiscal collapse” following the 16th Finance Commission’s decision to scrap the Revenue Deficit Grant (RDG) for 2026-31.
1 min
March 03, 2026
The New Indian Express Vijayawada
First Indian casualty as mariner in oil tanker dead
AN Indian national was killed on Monday after an explosives-laden unmanned boat struck the oil tanker MV MKD Vyom off the coast of Oman’s Muscat Governorate, highlighting growing threats to commercial shipping amid ongoing Iran—Israel-US military tensions.
1 min
March 03, 2026
The New Indian Express Vijayawada
AI agents to power India’s next technology leap: Ashok Krish
ARTIFICIAL intelligence will define India’s next technological leap, and building a scalable ecosystem of Al agents is key to that transformation, said Ashok Krish, Global Head — Advisory and Consulting, AI Cloud, Tata Consultancy Services, at ThinkEdu Conclave 2026 on Monday.
1 mins
March 03, 2026
The New Indian Express Vijayawada
Israel-Iran war reflects wider US strategy, says Tharoor
CONGRESS MP Shashi Tharoor on Monday said the ongoing Israel-Iran conflict reflects a complex geopolitical churn that goes beyond immediate security concerns and may involve wider strategic calculations by the United States.
1 mins
March 03, 2026
The New Indian Express Vijayawada
M&M to exit agri equipment business JV
HOMEGROWN automajor Mahindra & Mahindra (M&M) on Monday announced its Japan-based associate, Mitsubishi Mahindra Agricultural Machinery (MAM), has decided to withdraw from the agricultural machinery business.
1 min
March 03, 2026
The New Indian Express Vijayawada
Sangita hopes to play key role in historic Asian Cup tourney
ALMOST two decades ago, when a young Sangita Basfore first forayed into football, she had little to no idea that a World Cup existed.
1 min
March 03, 2026
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