RBI
Business Finance

RBI Tightens Bad Loan Rules For Banks

By BPN News Desk
The Reserve Bank of India has issued final rules for banks to identify and provide for possible loan losses earlier, bringing India’s bad loan framework closer to global regulatory standards. RBI Expected Credit Loss Rules The new framework will require banks to set aside funds for expected credit losses instead of waiting for borrowers to […]
imf
International

IMF, World Bank Restore Ties With Venezuela

By BPN News Desk
The International Monetary Fund and the World Bank have announced that they are restoring ties with Venezuela, reopening formal engagement after relations were cut in 2019 during the leadership dispute over the country’s presidency. The move could create a pathway for Caracas to seek financial assistance as it tries to stabilise its strained economy. IMF […]
RBI
Business Finance

RBI Keeps Repo Rate Unchanged After Budget

By BPN News Desk
The Reserve Bank of India (RBI) kept the benchmark repo rate unchanged in its first monetary policy decision after the Union Budget, maintaining its cautious approach amid moderating inflation and steady economic growth signals. RBI Repo Rate Decision After Budget The Monetary Policy Committee decided to hold the repo rate steady, signalling continuity in its […]
indian rupee
Business Finance

PSBs’ Sub‑Prime Lending Rises With Govt Backing

By BPN News Desk
Public sector banks (PSBs) in India are seeing a steady rise in sub‑prime lending, driven by increased reliance on government-backed credit guarantee schemes. These loans are primarily extended to micro, small, and medium enterprises (MSMEs), startups, and low-income individual borrowers who typically lack sufficient collateral or formal credit history. Credit Confidence