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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.

MEER VERHALEN VAN The New Indian Express Vijayawada

The New Indian Express Vijayawada

From coders to AI auditors: Agentic AI rewriting roles of India's IT workforce

INDIA'S IT workforce is undergoing a structural shift.

time to read

1 mins

March 19, 2026

The New Indian Express Vijayawada

'In politics, there're no full stops... experience counts'

PRIME Minister Narendra Modi addressed retiring members in their farewell at the Rajya Sabha on Wednesday, saying, “In politics, there are no full stops; your experience and contribution will forever remain a part of the nation’s life.”

time to read

1 min

March 19, 2026

The New Indian Express Vijayawada

The New Indian Express Vijayawada

Kharge bats for longer sessions, cooperation

LEADER of the Opposition in the Rajya Sabha, Mallikarjun Kharge, on Wednesday called for longer parliamentary sessions, greater cooperation between treasury and Opposition benches, and a review of procedural rules.

time to read

1 min

March 19, 2026

The New Indian Express Vijayawada

5 DIGs, 11 DMs reshuffled in another EC move in Bengal

IN a major administrative shakeup in West bengal, the Election Commission on Wednesday removed five senior IPS officers and 11 district magistrates ahead of the elections.

time to read

1 min

March 19, 2026

The New Indian Express Vijayawada

Iran war likely to jack up drug costs

As the West Asia conflict continues, the Indian pharmaceutical industry fears that a prolonged disruption in petrochemical supplies, critical to drug manufacturing, syringes and packaging, could significantly impact the sector.

time to read

2 mins

March 19, 2026

The New Indian Express Vijayawada

WITHDRAW BILL TO AMEND TRANSGENDER RIGHTS LAW

THE Supreme Court’s NALSA (2014) verdict recognised the right of self-identification as male, female or transgender.

time to read

1 mins

March 19, 2026

The New Indian Express Vijayawada

Govt: UPA no to Swaminathan panel’s formula

AMID the Opposition demand for a Minimum Support Price (MSP) guarantee as promised to farmers, Union Agriculture Minister Shivraj Singh Chouhan reminded Congress members on Wednesday that it was the UPA government that did not accept the Swaminathan Committee’s recommendations on the MSP.

time to read

1 min

March 19, 2026

The New Indian Express Vijayawada

'ONE POLL' TO CUT POLLING STAFF BY 28%, SAYS PANEL

A working paper released by the Economic Advisory Council to the Prime Minister (EAC-PM) estimated that implementation of 'One Nation One Election' will reduce deployment of polling personnel by 28% (26 lakh personnel) over a 5-year election cycle.

time to read

1 mins

March 19, 2026

The New Indian Express Vijayawada

SC questions Bengal over ED raid in IPAC

ALSO IN TOP COURT

time to read

1 mins

March 19, 2026

The New Indian Express Vijayawada

Unsettled accounts: 30th reminder to Bajrang

ALMOST a year ago, a financial audit of Sports Authority of India (SAI) revealed that over 300 athletes, including Olympic medallists, did not furnish bills to the tune of Rs 8 crore.

time to read

2 mins

March 19, 2026

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