By OneNDF — Empowering India’s Business Borrowers For years, business owners have shared a common frustration:“Why am I forced to open my current account only with the bank that gave me a loan?” Whether it was managing vendor payments, handling
The Reserve Bank of India’s Monetary Policy Committee (MPC) has released its December policy update, shaping the outlook for borrowing, lending, and economic growth as we enter 2025. For individuals, MSMEs, and property-backed borrowers, the policy offers important cues on
Key Takeaways for High-Net-Worth Borrowers• The Reserve Bank of India (RBI) may announce a 25 basis-point (bps) cut in the repo rate at its next Monetary Policy Committee (MPC) meeting, to be revealed on October 1, according to a recent
In India, millions of borrowers struggle every year with one frustrating problem: errors or mismatches in their credit reports. These mistakes — often beyond their control — can slow down their access to loans, hurt their credit scores, or even
The Reserve Bank of India (RBI) has reduced the repo rate by 50 basis points to 5.5% to encourage economic activity. This is the third consecutive drop this year, indicating that the central bank is committed to encouraging growth by
Once again the Reserve Bank of India’s (RBI) interest rates are projected to be cut during the June 6 meeting with a second cut expected in August. This indicates that the central bank plans to lower rates for the third
The Reserve Bank of India (RBI) has revised the policy repo rate by 25 basis points lower to 6.00%, thereby shifting its stand from “neutral” to “accommodative”. This decision, announced by the Monetary Policy Committee (MPC), was specifically intended to
The Reserve Bank of India (RBI), acting as a regulator, establishes a supportive framework for Regulated Entities (REs) to meet the financial requirements of different sectors of the economy while adhering to prudential limits. Moreover, credit matters concerning REs are
Delhi Chief Minister Rekha Gupta announced on Saturday that her government had approved the Mahila Samriddhi Yojana under which women beneficiaries who are entitled will get Rs 2,500 as monthly assistance, one of the long-standing promises the BJP made while
Union Finance Minister Nirmala Sitharaman on Thursday introduced the New Credit Assessment Model that relies on the scoring of digital footprints of MSMEs (micro, small, and medium enterprises) during a post-Budget dialogue in Visakhapatnam. Minister of State, Finance Pankaj Chaudhary
The Direct Tax Code (DTC) 2025, newly launched, tries to restructure the tax system of India, responding to the on-going requests made by the taxpayers for enhanced clarity and easier compliance. While the initiative has progressed reasonably well, industry experts
To enhance liquidity within the banking system, the Reserve Bank of India (RBI) declared on Wednesday that it will carry out open market acquisitions of government securities and USD/INR swaps, totaling around Rs 1.9 lakh crore in March. After the
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