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The Tamil Nadu government is considering reviving past welfare programs. Cooperation Minister V Gandhiraj stated that discontinued schemes, like the 2021 jewel loan waiver, will be presented to the Chief Minister for review. Technical issues will be addressed to ensure public wel
25 May 2026, 11:53 am
Bank News
Maharashtra Chief Minister Devendra Fadnavis confirmed a farm loan waiver will be implemented before June 30. Preparations are in the final stages. He also addressed the Maratha reservation issue, stating the government has consistently supported the community. Activist Manoj Jar
19 May 2026, 12:30 pm
Bank News
The Reserve Bank of India and the European Central Bank have signed a Memorandum of Understanding. This agreement aims to boost cooperation in central banking. The MoU updates a previous pact from 2015. It will facilitate information exchange and policy dialogue. Both banks will
11 May 2026, 05:18 am
Bank News
Your salary is just the start for loan approval. Lenders scrutinize your income after deducting all current EMIs. This remaining amount, measured by the Fixed Obligation to Income Ratio, dictates your borrowing capacity. Keeping this ratio below 50% is key. Existing EMIs signific
25 May 2026, 01:11 pm
Bank News
If the lender bank decides to deploy any technology-based mechanism for restricting or disabling the functionalities of a mobile device of a borrower, it shall ensure adopting a graduated approach rather than disabling the device, ab initio; it can’t disable essential services li
25 May 2026, 12:46 pm
Bank News
Indian Railway Finance Corporation is set to raise USD 2 billion through external commercial borrowing. This funding will primarily be in Japanese yen to support business growth in the current financial year. The company has already secured a loan agreement for USD 1.1 billion.
25 May 2026, 12:25 pm