National PMO
Prime Minister Narendra Modi marked the 10th anniversary of the Pradhan Mantri Mudra Yojana (PMMY) by engaging with beneficiaries who have transformed their entrepreneurial aspirations into reality through the scheme. Since its inception, PMMY has sanctioned over ₹33 lakh crore in collateral-free loans, fostering a culture of entrepreneurship across India. Empowering
Economy National
The Reserve Bank of India (RBI) is preparing to inject up to ₹4 trillion into the banking system during the current fiscal year in a decisive move to safeguard the Indian economy from mounting global uncertainties. This substantial liquidity infusion is aimed at supporting credit flow, stabilizing financial markets, and enhancing the effectiveness of monetary […]
Economy National
Indian banks have formally requested the Reserve Bank of India (RBI) to reinstate the daily overnight borrowing window as a means to improve day-to-day liquidity management. The demand comes amid growing challenges in managing cash flows efficiently under the current liquidity framework, which is centered on 14-day variable rate repo operations. Banks Cite Operational