Financial Reform News - Latest Updates & Headlines
Govt should ease lending restrictions on NBFCs to improve credit for MSMEs: World Bank
New Delhi, March 6: In a bid to enhance the availability of credit for Micro, Small, and Medium Enterprises (MSMEs), the World Bank, in its latest report, has stated that the government should remove the interest cap on NBFCs to ease the lending restriction.
Nepal will be out of FATF grey list before deadline, says Finance Minister Paudel
Kathmandu, March 5: Nepal's Finance Minister Bishnu Paudel promised that Nepal will be out of the Financial Action Task Force (FATF) grey list for money laundering and terrorist financing before the given deadline of two years.
Trust, transparency, teamwork and technology, SEBI Chief outlines 4 objectives under his Chairmanship
Mumbai, March 1: IAS officer Tuhin Kanta Pandey, who served as Finance and Revenue Secretary in his previous role, has taken charge as Chairman of the Securities and Exchange Board of India (SEBI) in Mumbai.
SEBI proposes new method to prevent stock manipulation in derivatives market
Mumbai, Feb 25: The Securities and Exchange Board of India (SEBI) has proposed a major change in the way open interest (OI) is calculated in the equity derivatives market.
Govt asks insurers to extend free look period to 1 year to prevent mis-selling
Mumbai, Feb 17: The government on Monday asked private insurance companies to increase the free look period for policyholders from one month to one year.
Budget focuses on ease of doing biz, financial discipline: IBA Chairman
New Delhi, Feb 1: The Union Budget has largely focused on ease of doing business, rationalisation of the personal income tax slabs to encourage domestic consumption, further push to the flow of institutional financial resources to farmers, MSMEs and exports and above all maintaining financial discipline, Indian Banks’ Association (IBA) Chairman and Central Bank of India Managing Director and CEO M.V. Rao, said on Saturday.
Budget 2025-26: FDI limit for insurance sector raised to 100 per cent
New Delhi, Feb 1: Finance Minister Nirmala Sitharaman on Saturday announced an increase in the FDI limit for the insurance sector from 74 per cent to 100 per cent in the Budget for 2025-26 as part of far-reaching reforms in the financial sector.
Old vs New Tax regime: What has changed for middle class in Budget 2025-26
New Delhi, Feb 1: In a major move to ease the tax burden on middle-class taxpayers, Finance Minister Nirmala Sitharaman on Saturday announced fresh tax slabs under the New Tax regime in the Union Budget 2025-26.
Budget Session will have several key economic and policy bills to shape India's fiscal landscape
New Delhi, January 30: Following the presentation of the Economic Survey on January 31 and the Union Budget on February 1, the Budget Session 2025 is poised to address a range of significant legislative matters.