The National Company Law Tribunal has approved Grainotch Industries’ takeover of KGS Sugar Infra Corporation. KGS Sugar faced insolvency with liabilities of Rs 556 crore. Grainotch’s plan includes a Rs 242 crore revival package. This acquisition signals growing investor interest…
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RBI Governor Sanjay Malhotra urged India’s booming fintech sector to prioritize financial inclusion, urging them to build products for the underserved, not just the privileged. He stressed the need for accessible solutions for vulnerable groups and highlighted the sector’s role…
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The government has unveiled a draft labour policy aiming to boost women’s workforce participation to 35% by 2030 and establish universal, portable social security. The initiative will integrate various welfare schemes into a single account for easier worker access. Additionally,…
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Bank of India is boosting growth in the second half of FY26. The bank is partnering with fintech firms for digital banking and wealth management. New features like face recognition will simplify customer processes. Initiatives to onboard self-help group women…
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The Reserve Bank of India is proposing new rules for bank loans. These changes aim to reward good credit habits. Banks will have lower capital requirements for certain loans. This could lead to more lending. Credit card users who pay…
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The focus of the Securities and Exchange Board of India (SEBI) on digital transformation, such as e-KYC, simplified onboarding and mobile-first investment platforms, has led to investor participation rising to 134 million over the past five years, SEBI Chairman Tuhin…
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