Business Finance

RBI Appoints Sonali Sen Gupta as Executive Director

By BPN News Desk October 11, 2025

The Reserve Bank of India (RBI) has named Sonali Sen Gupta as a new Executive Director (ED), effective October 9, 2025. Long RBI Career Sen Gupta has worked at the RBI for over 30 years, holding roles across diverse divisions such as banking regulation, financial inclusion, supervision, and human resources. Before this elevation, she served […]

Business Finance

RBI to Launch Pilot for Deposit Tokenisation

By BPN News Desk October 8, 2025

The Reserve Bank of India (RBI) will roll out a pilot project for deposit tokenisation starting October 8, 2025. The initiative will be anchored on the wholesale version of the central bank’s digital currency (CBDC). Concept of Deposit Tokenisation Deposit tokenisation involves converting a traditional bank deposit into a digital token that mirrors the same […]

Business Finance

Unclaimed Financial Assets Worth ₹1.84 Lakh Crore With Institutions

By BPN News Desk October 5, 2025

The Union Finance Ministry has revealed that ₹1.84 lakh crore in financial assets remain unclaimed across banks, regulatory bodies, and financial institutions. To address this, Finance Minister Nirmala Sitharaman launched a nationwide campaign titled “Aapki Poonji, Aapka Adhikar (Your Money, Your Right)” that will last three months. Extent Of Unclaimed Assets The unclaimed

Business Finance

RBI Unveils Revised Related-Party Lending Rules

By BPN News Desk October 4, 2025

The Reserve Bank of India (RBI) has issued a draft framework amending norms for lending by banks and NBFCs to related parties. Under the new proposal, only loans beyond certain scale-based thresholds will require board or committee approval. Scale-Based Thresholds Smaller banks with assets below ₹1,000 billion would need board approval only for related-party loans […]

Business Finance

GST Collections Rise 9.1% in September

By BPN News Desk October 2, 2025

India’s Goods and Services Tax (GST) collections for September 2025 stood at ₹1.89 lakh crore, reflecting a 9.1% year-on-year growth compared to the same month last year. This is the ninth straight month when GST revenues have remained above ₹1.8 lakh crore. Drivers of Growth The growth was supported by robust domestic demand, steady imports […]

Business Finance

RBI Eases Credit Rules for Small Businesses, Gold Users

By BPN News Desk September 30, 2025

The Reserve Bank of India (RBI) has announced regulatory changes to widen credit access for small businesses and for firms using gold as a raw material. The new rules were released via a circular on September 30, 2025. More Flexible Rate Adjustments for SMEs Under the revised norms, lenders may now adjust interest-rate spreads tied […]

Business Finance

Finance Minister Nirmala Sitharaman Urges Banks to Increase MSME Lending

By BPN News Desk September 27, 2025

Finance Minister Nirmala Sitharaman has urged banks to step up lending to the MSME sector, infrastructure projects, and industry. She emphasised that banks with strong balance sheets should take lead in driving credit growth. Collaboration with NBFCs & PSBs Sitharaman encouraged deeper partnerships between public sector banks (PSBs) and non-banking financial companies

Business Finance

Govt Poised to Exceed ₹47,000 Crore Disinvestment Target

By BPN News Desk September 23, 2025

DIPAM Secretary Arunish Chawla has said that the government is on track to exceed its disinvestment target of ₹47,000 crore for the current fiscal year. Speaking at the Network18 Reforms Reloaded summit in New Delhi, he expressed confidence in surpassing the goal. Progress So Far By July 2025, around 33% of the target had already […]

Business Finance

Karnataka Says States to Lose ₹1.5 Lakh Crore from GST 2.0

By BPN News Desk September 23, 2025

Karnataka Revenue Minister Krishna Byre Gowda has warned that the new GST 2.0 structure could cost states between ₹1 lakh crore and ₹1.5 lakh crore in lost revenue. Speaking to NDTV, he said the changes would unfairly burden state governments. Centre vs States: Who Bears the Burden? According to Gowda, the Centre is projected to […]

Business Finance

GST Reforms to Give ₹2 Lakh Crore to People

By BPN News Desk September 20, 2025

Finance Minister Nirmala Sitharaman announced that the GST 2.0 reforms will put nearly ₹2 lakh crore into the hands of Indian citizens. She said this amount won’t remain with the government but will return to the economy through lower prices, higher consumption, and more liquidity for households. Key Changes Under GST 2.0 The GST slabs […]