Page 5 - Harsh Kumar

Size Matters: What will it take for India PSBs to break into Global Top 20?

With a rank of 43, the State Bank of India (SBI) is currently the only Indian public sector lender in the latest S&P Global Market Intelligence ranking of the world's 100 largest banks by assets

26% of Jan Dhan accounts with PSBs inactive as usage slows under PMJDY

As of September 2025, 142.8 million Jan Dhan accounts in public sector banks are inactive; officials say RuPay card issuance gap also persists at 31 per cent

MSME industry bodies urge RBI to extend ECLGS to tackle US tariff impact

The proposal was made at a meeting convened by the central bank's Financial Inclusion and Development Department (FIDD) last week to address issues facing the MSME sector from the impact of 50%

Finance ministry to review US tariff impact on MSME sector on Monday

DFS secy to meet PSBs to assess credit flow

Opening top PSB posts to pvt sector a 'dangerous precedent': Bank unions

UFBU calls new ACC guidelines a de facto privatisation of leadership and urges government to review the move through a joint stakeholder committee

Govt opens up State Bank of India managing director position to pvt sector

FSIB may hire HR agency to carry out behaviour and competency assessment of candidates

AIC plans expanding parametric insurance products to livestock, people

Country's largest farm insurer plans to scale up weather-linked cover to livestock and income protection for agricultural workers

NPS to grow over 30% in FY26, says PFRDA chief Sivasubramanian Ramann

The Pension Sakhi model, inspired by bima sakhis, is a very important initiative, said PFRDA Chairman

Six states evince interest to join UPS, says PFRDA Chairman S Ramann

Recently the central government extended the deadline for eligible employees, past retirees, and legally wedded spouses of deceased retirees to exercise their option to join the UPS till 30 November

Kautilya Conclave: India can grow at 7-8%, says RBI Guv Sanjay Malhotra

Global economy resilient despite uncertainty: RBI Governor Sanjay Malhotra

FM proposes 'Pension Sakhis' to drive NPS growth, launches new scheme

FM Nirmala Sitharaman proposed training women as Pension Sakhis to boost NPS enrolments and launched the Multiple Scheme Framework giving subscribers greater flexibility

FIU issues notices to 25 offshore crypto platforms for PMLA non-compliance

FIU-IND has flagged 25 offshore crypto platforms for operating in India without PMLA registration and ordered takedown of their apps and URLs under IT Act directions

Deadline for opting for Unified Pension Scheme extended till November 30

The government has extended the deadline for employees, retirees and spouses of deceased retirees to opt into the Unified Pension Scheme till November 30, 2025

FinMin urges RBI to push rollout of digital fraud detection platform

Once operational, DPIP will collect and analyse data from various sources to identify potential threats and prevent fraudulent activities

Govt keen to retain its say on picking PSB independent directors

During the PSB Manthan earlier this month, some experts and bankers had suggested that the power to appoint independent directors should rest with the boards of PSBs to enhance accountability

DFS, SC's MCPC hold 40-hour mediation training for DRT, PSU executives

DFS and Supreme Court's MCPC conducted a 40-hour mediation training for DRT presiding officers and PSU bank executives to enhance dispute resolution through consensus

Govt to borrow ₹6.77 trillion in H2; share of ultra-long-term bonds reduced

Borrowing in H2 includes issuing of ₹10,000 crore through sovereign green bonds (SGrBs)

FinMin calls meet with lenders on Swamih Fund II scope expansion

Finance Ministry to discuss SWAMIH Fund II, a ₹15,000 crore blended finance facility to complete 1 lakh homes, building on the success of India's largest real estate stress fund

SME Chamber of India urges credit reforms, permanent RBI advisory body

SME Chamber of India has called for easier MSME loans, waivers of fees and guarantees, and a permanent RBI Standing Advisory Committee to resolve financing challenges

IBC cases piling up largely due to lack of NCLT Benches, DFS tells MCA

With nearly 15,000 cases pending, the shortage of NCLT benches has raised concerns over prolonged insolvency processes, asset erosion, and delayed resolutions under the IBC framework