India's 2026 BRICS Chairship promotes resilience, innovation, and sustainability. Key initiatives include leading the SME Working Group under PartNIR to boost MSME technology access, and joining the BRICS Centre for Industrial Competencies to enhance global manufacturing capabilities.
Click to View MoreThe Reserve Bank of India has proposed safeguards, including a universal kill switch, a one-hour transaction delay for amounts over ₹10,000, shadow credits for unverified accounts, and a trusted person mandate, to combat rising digital payment frauds occurring nationwide.
Click to View MoreThe PM SVANidhi scheme empowers street vendors by providing collateral-free working capital loans, interest subsidies, and digital cashback incentives. Recently extended to 2030, it fosters financial inclusion, digital adoption, and socio-economic welfare through the SVANidhi se Samriddhi initiative.
Click to View MoreIndia is leveraging Artificial Intelligence and Digital Public Infrastructure to revolutionise financial inclusion. Initiatives like ULI, Banking BHASHINI, and MuleHunter.AI are democratising credit, bridging language barriers, and enhancing security, guided by RBI's FREE-AI framework for ethical and responsible innovation.
Click to View MoreThe Reserve Bank of India has issued draft Responsible Business Conduct (Second Amendment) Directions, 2026 to regulate the conduct of loan recovery agents, effective from July 1, 2026. The guidelines prohibit harassment, abusive language, excessive or anonymous calls, inappropriate digital messages, and any form of intimidation or public humiliation of borrowers or guarantors. Banks are required to establish a dedicated grievance redressal mechanism and adopt board-approved policies covering due diligence, code of conduct, and performance standards for recovery agents. The move aims to strengthen financial consumer protection, promote ethical recovery practices, and balance borrower dignity with credit discipline in India’s expanding retail lending ecosystem.
Click to View MoreThe Reserve Bank of India has increased the collateral-free loan limit for Micro and Small Enterprises (MSEs) from ₹10 lakh to ₹20 lakh, with a possible extension up to ₹25 lakh for financially sound units. The measure aims to improve access to formal credit, promote entrepreneurship, and strengthen financial inclusion, particularly for small businesses lacking assets to pledge. Supported by guarantee mechanisms such as the Credit Guarantee Fund Trust for Micro and Small Enterprises and aligned with schemes like the Prime Minister Employment Generation Programme, the initiative is expected to boost employment, support business expansion, and enhance the role of the MSME sector in driving inclusive economic growth, while requiring prudent risk management by banks.
Click to View MoreKerala’s decision to waive ₹18.75 crore in loans for Wayanad landslide survivors signals a shift toward financial rehabilitation. It addresses post-disaster debt traps, contrasts State welfare with rigid national frameworks, and highlights the need for catastrophe insurance and reforms to strengthen disaster justice and recovery systems.
Click to View MoreThe Economic Survey 2025–26 projects 7.4% GDP growth in FY26, showing India’s resilience amid global stress. Broad-based growth spans agriculture, PLI-led manufacturing, and services exports. Prudent fiscal policy, stable inflation, reforms, and inclusion strengthen long-term, inclusive growth toward India@2047.
Click to View MoreCentral Bank Digital Currency (CBDC) is a sovereign digital form of money issued by central banks to complement physical cash and existing digital payment systems. It aims to enhance payment efficiency, financial inclusion, monetary sovereignty, and cross-border transactions while offering a safer alternative to private digital currencies. However, challenges related to cybersecurity, privacy, banking stability, and interoperability necessitate a cautious, phased, and well-regulated implementation supported by strong domestic and international coordination.
Click to View MoreIndia’s capital markets are undergoing a major shift as domestic household savings increasingly replace foreign institutional money. This transition strengthens market stability and enhances policy autonomy but also exposes new retail investors to higher risks, uneven participation, and potential overvaluation. With rising SIP inflows, booming IPOs, and declining FPI dependence, markets appear strong on the surface, yet structural issues—such as unequal access, performance gaps in active funds, governance concerns, and growing wealth inequality—require urgent attention. Ensuring investor protection, financial literacy, and transparent regulation is critical for converting this savings shift into inclusive and sustainable financial growth.
Click to View MoreThe emerging priorities of India’s banking sector for 2025–2035 centre on strengthening deposit mobilisation to support rapid credit expansion, especially by deepening outreach in rural and semi-urban areas. Banks are shifting focus toward high-growth segments such as manufacturing, infrastructure, and renewable energy, while expanding green finance through sustainability-linked lending and support for technologies like Small Modular Reactors. Financial inclusion remains a core objective, with schemes such as PM MUDRA, PM Vishwakarma, PM Surya Ghar, PM Vidyalaxmi, and KCC enhancing grassroots access to credit. Agriculture lending is being redesigned under the PM Dhan Dhanya Yojana to boost productivity in low-performing districts. At the global level, banks are strengthening their presence through platforms like GIFT City and the India International Bullion Exchange. A parallel priority is improving customer experience through multilingual digital platforms and faster grievance redressal, reflecting a shift toward more technology-driven and citizen-centric banking.
Click to View MoreThe Credit Guarantee Scheme for Exporters is a government initiative providing collateral-free credit support of up to twenty thousand crore rupees to Indian exporters, including micro, small, and medium enterprises. By offering a 100% government-backed credit guarantee, the scheme enhances liquidity, promotes market diversification, strengthens global competitiveness, and supports employment. It aims to facilitate export-led growth, enable smoother business operations, and contribute to India’s journey towards becoming a self-reliant economy.
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