Policy
Govt may encourage private firms to adopt a fair dividend policy, says DIPAM secretary Arunish Chawla
The government plans to nudge listed private companies to adopt fair dividend policies, aiming to improve the share market for common investors. The Department of Investment and Public Asset Management (DIPAM) also plans to engage mutual funds more with public sector stocks and adjust its disinvestment strategy in light of market conditions.
RBI rules out risk weight reduction on unsecured loans
RBI data on sectoral bank credit deployment indicates that since November 2023, there has been a notable increase in growth in other collateral-backed segments, such as loans against fixed deposits, shares, and gold jewelry loans that are perceived as lower-risk from a bank’s asset quality perspective.
Welcome RBI's rate cut as economy needs push amid trade uncertainties, says FM Sitharaman
"On the Reserve Bank's announcement of a rate cut, I welcome it, really, with the sense of joy, because growth is of great importance," Sitharaman told PTI, when asked about the 25 basis point cut in the repo rate - the level at which the central bank lends to commercial banks, therefore influencing borrowing costs.
RBI issues draft guidelines on gold loans
Last September, the central bank directed lenders to follow rules after it observed deficiencies in processes like loan appraisal, end-use monitoring, and lack of transparency in auctioning gold in case of defaults.
RBI issues draft norms on securitisation of stressed assets
Securitisation of stressed assets involves transactions where risk of recovery in stressed assets is distributed, among investors, by repackaging such assets into tradeable securities with different risk profiles.
RBI expands scope of co-lending pacts beyond priority-sector loans
Banks must give 40% of the total loans to segments such as agriculture, micro, small and medium enterprises, export credit, education, housing, deemed as priority. Co-lending allows cheap financing to tap into last-mile access, helping funds reach unbanked and under-banked territories.
RBI eases credit enhancement norms in draft guidelines
In draft norms released on Wednesday RBI substantially reduced the capital requirement for REs, increased the credit enhancement limit to 50% of the bond issue from 20% earlier and also allowed the proceeds of money raised from the credit enhanced bonds to pay off bank loans.
CBDT sets April 30 deadline for availing Vivad Se Vishwas scheme
The Income Tax Department has set April 30, 2025, as the deadline for taxpayers to file declarations under the Vivad Se Vishwas dispute resolution scheme. This scheme, launched on October 1, 2024, allows taxpayers with pending disputes or appeals to resolve them by paying 110% of the disputed tax demand. Around 2.7 crore tax disputes are involved.
RBI's 25 bps rate cut, change of monetary stance to 'accommodative' timely move: Experts
RBI changed its policy stance to "accommodative" from "neutral", indicating the possibility of more rate cuts in future, Governor Sanjay Malhotra said while announcing the MPC decisions.
New gold loan rules on cards: RBI proposes stricter norms, including monitoring use of funds
Banks' gold loans jumped 30% between September and February, sharply outpacing the growth in overall loans that was curtailed by tighter norms for unsecured lending. That surge in gold loans was despite the central bank's warning in September that it found several irregular practices in the gold loan industry.
Must Watch
Tariff wars will impede growth, says RBI governor Sanjay Malhotra
Sanjay Malhotra highlighted the risks to growth and inflation due to the US government’s measures on trade tariffs across the world. In his statement Malhotra said that global trade and policy uncertainties will dampen growth by affecting investment and spending decisions of businesses and households.
Cabinet okays six lane Zirakpur Bypass at Rs 1878 crore; Check map, routes, starting and ending points
The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, has approved the Construction of 6 lane Zirakpur Bypass starting from Junction with NH-7 (Zirakpur-Patiala) and ending at Junction with NH-5 (Zirakpur-Parwanoo) with a total length 19.2 Km in state of Punjab and Haryana under NH(O) on Hybrid Annuity Mode.
India Inc must rethink trade strategy, says Assocham president Sanjay Nayar
Indian businesses must realign with global trade realities, says Assocham President Sanjay Nayar. In an interview with The Times of India, he highlighted the impact of US tariffs and the need for companies to stay competitive as India negotiates new trade agreements.
I am Sanjay but not Sanjay of Mahabharat who can predict rate cuts, says RBI guv
"It is a joint effort... the government has done its bit in the Budget recently by taking a large number of measures in terms of the increased capex, tax rebates and we have reduced repo rate and changed the stance going forward, which means that the direction of the policy repo rate is downwards.
India Inc. is better placed to handle global slowdown, amid tariff uncertainties: Report
A new DSP Asset Managers report says Indian companies are entering the current economic slowdown with historically strong balance sheets, making them better equipped to withstand challenges and recover quickly.
RBI's rate cut to cushion economy amidst global turmoil, says India Inc
The RBI’s second consecutive rate cut to 6% aims to shield India’s economy from global shocks triggered by US tariffs, industry bodies said. CII called the move timely and prudent, adding the accommodative stance and easing cycle reflect concerns over slowing global growth and a mild domestic inflation outlook.
