Business Finance
India’s microfinance sector is grappling with a surge in bad loans, raising concerns about the financial stability of institutions serving low-income populations. Despite these challenges, the government has indicated that it does not plan to intervene at this juncture. Escalating Bad Loans in Microfinance Recent data reveals a significant uptick in non-performing
Economy National
The Indian government is actively considering raising the insurance coverage for bank deposits, currently set at ₹5 lakh per depositor. This move aims to bolster depositor confidence, especially in light of recent financial challenges faced by cooperative banks. Current Deposit Insurance Framework The Deposit Insurance and Credit Guarantee Corporation (DICGC), a subsidiary
Infrastructure National
Indian Railways has significantly increased its investment in safety measures, allocating over ₹1.14 lakh crore annually to improve infrastructure and reduce accidents. Railway Minister Ashwini Vaishnaw highlighted this financial commitment during a recent session in the Rajya Sabha, emphasizing its role in modernizing the railway network and ensuring passenger safety.