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Latest News

DECEMBER 06TH 2023, BUSINESS STANDARDS

"RBI reins in peer-to-peer lending practices after finding rule violations"

They added that some lenders had already begun halting certain services and practices in line with the central bank's guidance, while failure to comply could risk future penalties or restrictions

DECEMBER 06TH 2023, BUSINESS STANDARDS

"FinMin gave Rs 10,000 crore advance for MGNREGS from contingency fund: Govt"

According to a written reply by the minister to another question, pending liability for MGNREGS wages to states is around Rs 2,020.59 cr, and the liability for material components is Rs 4,939.58 cr

DECEMBER 06TH 2023, BUSINESS STANDARDS

"Microfinance loan portfolio stands at Rs 3.76 trn at end of Q2FY24"

NBFC-MFIs totalling 91 are the largest provider of microfinance, followed by banks, small finance banks and non-banking financial institutions

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