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Lower risk rules for NBFC loans to free up ₹40k cr

The New Indian Express Vijayawada

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February 27, 2025

The central bank lowered the risk weightage on banks' exposure to non-banks and micro-lenders from 125% to 100%

- ENS ECONOMIC BUREAU @Mumbai

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.

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CM: Swachh drive meant to cleanse politics also

CHIEF Minister N Chandrababu Naidu on Saturday emphasised the comprehensive approach of the Swachhandhra initiative, stating, \"Swachhandhra is about cleaning our cities, villages, and politics alike.

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2.8L Indian jobs on the line as Trump slaps $1L H-1B fee

THE Trump administration on Saturday imposed a fee of $1,00,000 per year on each H-1B visa holder, dealing a body blow to the 2,83,397 (71%) skilled technology workers from India, as per 2024 data. At 71%, India was the largest beneficiary of H-1B last year, while China was a distant second at 12%.

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CM roots for ‘One State-One Water’ concept to fight drought

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Singer Zubeen Garg dies in Singapore following scuba diving accident

ZUBEEN Garg, the 52year-old cultural icon of Assam and a heartthrob of the younger generation, passed away on Friday in Singapore, leaving behind a rich legacy.

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Corp tax mop-up rises, individual collections drop

Higher income tax exemption limit brings down personal advance tax collections

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No harassment of industrialists allowed: Dy CM

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