Before the implementation of the India-EU free trade agreement, India must prioritize the enhancement of its food safety framework. By strengthening local regulations, India can avert unjust restrictions on agricultural exports. Adopting a contemporary, evidence-based system will safeguard consumer interests…
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Corporate and SME lending emerged as the primary growth drivers for large private sector banks in the June quarter, while retail loan growth moderated across several segments.
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Punjab National Bank will enter acquisition finance in the third quarter of this financial year. The bank has already mobilized USD 425 million in FCNR(B) deposits. PNB aims to collect USD 2.5 billion in FCNR(B) deposits by September 30. The…
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The Ministry of Corporate Affairs is proposing a new integrated digital platform for insolvency. This unified system aims to streamline processes and improve information exchange among stakeholders. It will digitize the entire insolvency lifecycle, from commencement to resolution and liquidation.…
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Indian taxpayers face new foreign asset reporting rules for AY 2026-2027. Schedule FA requires disclosures for foreign shares and overseas bank accounts. Employee stock options and cryptocurrencies also demand careful reporting considerations. Jointly held foreign accounts need accurate disclosure based…
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By FY27, enhanced foreign currency inflows are projected to substantially elevate bank deposit growth, effectively bridging the gap with credit expansion. While traditional deposit markets have reached saturation, growth is now leaning towards rural demographics. Additionally, urban households are increasingly…
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