Government Sets Ambitious Target To Boost MSME Credit; Aims For Rs 1.54 Lakh Crore In FY25
The government aims to provide an additional Rs 1.54 lakh crore in MSME credit in FY25 through banks and NBFCs.
RBI Maintains Neutral Stance, No Sign Of Rate Cuts: Shaktikanta Das
RBI Governor Shaktikanta Das clarified that the shift to a neutral monetary policy stance does not indicate an imminent interest rate cut.
RBI Imposes Restrictions On Four NBFCs Over Regulatory Violations
The RBI has imposed strict regulatory actions on four NBFCs - Asirvad, Arohan, DMI, and Navi - over major supervisory concerns.
