Page 2 - Harsh Kumar

Union Budget 2026-27: Divestment, monetisation goal at ₹80,000 crore

Budget 2026 raises the FY27 disinvestment and asset monetisation target to Rs 80,000 crore, banking on a stronger pipeline of stake sales and infrastructure monetisation despite a shortfall in FY26

FinMin asks Nabard to study impact of RRB amalgamation during FY28

Finance Ministry asks NABARD to study RRB mergers' impact as viability reforms, IPO plans and tech integration aim to boost sustainability, inclusion and rural credit growth

Economic Survey redefines 'govt company' to ease stake dilution in CPSEs

Survey moots changes to Companies Act, so that CPSEs remain govt firms even with a 26% stake

Delayed payments continue to hit MSMEs, ₹8.1 trillion stuck: Eco Survey

Delayed payments worth ₹8.1 trillion continue to choke MSME cash flows, with fear of losing business ties discouraging firms from pursuing legal remedies, says Economic Survey

Unions call nationwide strike a success; no disruption, say bankers

Demanded five-day work week including all Saturdays

PFRDA launches NPS Swasthya Pension Scheme under regulatory sandbox

PFRDA has approved a pilot NPS Swasthya Pension Scheme under its regulatory sandbox to test health-linked benefits, allowing medical withdrawals and premature exits for treatment

DFS seeks states' support to ensure banking ops during Jan 27 bank strike

The DFS said banks have conveyed that ATMs are being adequately loaded with sufficient cash, and arrangements have been made to ensure timely replenishment

M Nagaraju to V Anantha Nageswaran: Meet Sitharaman's team for Budget FY27

As Nirmala Sitharaman prepares to present her ninth Budget, a new team of top bureaucrats and economists will shape India's FY27 fiscal and reform roadmap

PFRDA sets up expert panel SAARG to modernise NPS investment framework

PFRDA has set up a high-level expert panel, SAARG, to review and modernise the NPS investment framework, focusing on asset allocation, risk governance and long-term returns

Our biz evenly split; 50% each from J&K and rest of India: J&K Bank CEO

J&K Bank expects gross NPAs to fall below 2% in two years as recoveries stay strong, even as margins face pressure from cumulative repo rate hikes

Centre clears wage, pension revision for PSGICs, Nabard and RBI staff

Centre approves wage hikes for public sector insurers and Nabard, and pension revisions for RBI and Nabard retirees, benefiting over 93,000 employees and pensioners

Govt should relook interest subsidy benefits in Budget: PNB HF CEO

PNB Housing Finance MD Ajai Kumar Shukla says asset quality remains stable and margins steady near 3.6-3.7% despite rate cuts, with growth led by housing loans

UFBU unmoved on five-day week demand; January 27 bank strike to go ahead

The unions said that even during an earlier conciliation held on March 21, 2025, they were assured that the matter was under serious consideration, but no decision has been communicated till date

Bank unions to go on strike on Jan 27, say govt delaying five-day work week

800,000 employees to observe one-day protest, want all Saturdays to be made bank holidays

Cabinet clears Rs 5,000 cr equity infusion for SIDBI to boost MSME credit

The Cabinet decision extends government funding and gap support for Atal Pension Yojana till FY31, aiming to deepen financial inclusion and ensure old-age income security for unorganised sector worker

BHIM Payments app sees over four-fold jump in monthly transactions in 2025

The NPCI-run BHIM Payments App recorded strong growth in CY25, with monthly transactions rising over four-fold, driven by higher adoption, growth in small-ticket payments and rising trust in user

Cabinet clears ₹5,000 crore equity infusion into SIDBI to boost MSME credit

The government's phased equity support aims to strengthen SIDBI's capital base, expand MSME lending, improve credit access and support employment growth while keeping capital adequacy well above regul

Centre likely to amend Sarfaesi Act for control over Central Registry

The Centre is considering amendments to the SARFAESI Act to clarify oversight of CERSAI, empower RBI, remove legal ambiguities, and improve credit enforcement and ease of doing business

Centre to hold national review of RRBs' financials, PSL on January 30

The meeting will be chaired by M Nagaraju, Secretary, Department of Financial Services (DFS), Ministry of Finance

Budget 2026: PSU bank's officers union seeks tax relief on leased housing

Bank of Maharashtra union urges Centre to amend rules to exclude leased accommodation and concessional staff loans from taxation