IMF, World Bank Restore Ties With Venezuela

By BPN News Desk April 17, 2026

International

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

Business Finance

RBI Keeps Repo Rate Unchanged After Budget

By BPN News Desk February 6, 2026

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 […]

Business Finance

PSBs’ Sub‑Prime Lending Rises With Govt Backing

By BPN News Desk July 14, 2025

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

Editorials

Swipe, Spend, Repeat: India’s Youth and the Debt-Fueled Dream of “Living the App Life”

By BPN News Desk January 9, 2025

There was a time when Indian youth dreamed of owning a house, a car, and a secure future. Fast forward to 2025, and the only ownership they care about is the “owner” badge on Zomato or being the proud swipers of shiny credit cards that scream “Live your best life (on debt, of course)!”. Let’s […]