Bankers Eye Bumper Bonuses After Record $1.5Bn Fee Year
Indian investment bankers anticipate record bonuses for 2025 after the industry earned a staggering $1.5 billion in fees. Discover which banks led the charge and the outlook for 2026.
Indian investment bankers anticipate record bonuses for 2025 after the industry earned a staggering $1.5 billion in fees. Discover which banks led the charge and the outlook for 2026.
RBI data reveals a sharp decline of 2.3 lakh Banking Correspondent outlets, severely impacting last-mile banking services in rural India. Explore the causes and consequences for financial inclusion.
Gujarat government grants in-principle approval for nine new District Central Cooperative Banks (DCCBs) across Dahod, Aravalli, and other districts. This move aims to enhance credit access for farmers and strengthen the rural economy.
Beed district in Maharashtra has become the state's top performer in rural housing schemes, with over 50,000 families moving into new homes. Discover how mission-mode execution overcame key challenges.
RBI's latest report reveals robust health of Indian banking sector with 11.2% balance sheet growth, sustained profitability, and gross NPA ratio falling to 2.2%. Read the full analysis.
State Bank of India reported nearly 16,000 cyber fraud cases from Jan 2024 to Oct 2025, with losses exceeding ₹118 crore. Discover the state-wise breakdown and expert insights on digital banking risks.
Shri Kshetra Dharmasthala Rural Development Project BC Trust honored with 'Best MSME Promoting Institution' award by CIMSME for exceptional banking services in rural India. Read more.
India's new VB-GRAM G Act replaces the landmark MGNREGA, shifting from a rights-based job guarantee to a centrally allocated scheme. Experts warn this could depress rural wages and slow economic revival. Read the full analysis.
Government data shows MGNREGA provided an average of just 48 days of work per household over five years, far short of the promised 125 days. Explore the reasons and implications for rural employment.
Kanpur's Saras Mela, from Jan 4-6 at Moti Jheel Lawn, will showcase self-help groups' products. The fair aims to boost rural marketing and women's economic empowerment. Read details.
Uttar Pradesh government allocates Rs 3,500 crore for health infrastructure, hospital expansion, and modern equipment. Focus on rural healthcare and Ayushman Bharat implementation.
President Murmu assents to VB-G RAM G Bill, replacing MGNREGA. While work days rise to 125, funding burden on states & a 60-day pause in peak farm season spark debate. Analysis inside.
As India's rural job scheme is relaunched, experts warn that a proposed 60-day calendar gap and shared state funding could undermine its universal promise. Read why its core principles need protection.
President Droupadi Murmu has approved the VB-G RAM G Bill, enhancing the rural job guarantee to 125 days annually. Union Minister Pralhad Joshi hails the scheme as transparent and progressive for rural development.
Union govt reveals 9 roads & 12 bridges constructed in Gujarat under PMGSY-III in ongoing FY. Details on districts, lengths, and status of PMGSY-IV inside. Read more.
The Central Government has disbursed Rs 94 crore to Uttarakhand's rural local bodies for development works. This fund release is part of the 15th Finance Commission grant.
The Central Government has disbursed over ₹127 crore to Tamil Nadu's rural local bodies under the 15th Finance Commission grants. This funding aims to boost essential services and infrastructure development in villages. Read more about the allocation and
XLRI Jamshedpur, with NABARD support, launches XCITE, a rural business incubation centre to foster sustainable entrepreneurship and empower rural innovators. Discover the future of rural India.
The Lok Sabha passes a bill to replace MGNREGA with a new scheme, increasing employment days but shifting wage costs to states. Critics warn of financial strain.
Congress committees in Nagaland staged a protest in Kohima against the bill to repeal MGNREGA, calling it a lifeline for rural poor. Read about the potential impact on farmers and daily wage earners.
India's 43 Regional Rural Banks launch a common logo to strengthen their unified identity and enhance trust in rural banking. Discover the strategy behind this rebranding move.
Uttar Pradesh launches a major digital education initiative, setting up digital libraries in 11,350 gram panchayats to provide rural youth with modern study resources for competitive exams. Discover how this Rs 4 lakh per library scheme works.
Union Minister Shivraj Singh Chouhan introduces the VB-G RAM G Bill, aiming to modernize rural employment frameworks for Viksit Bharat 2047. Read the full details.
The proposed VB-G RAM G Bill aims to replace MGNREGA, increasing work days to 125 but shifting funding burden to states and introducing a 60-day pause for farming. Explore the key changes.
State Bank of India plans to expand its mobile banking base to 20 crore customers in two years with Yono 2.0. The bank's digital-first 'phygital' strategy includes 10,000 floor managers for support.
Sheela Devi of Prayagraj overcame adversity to build a lakhs-earning tent house business and empower dozens of rural women through self-help groups and Mission Shakti. Read her inspiring journey.
RBI's new digital banking framework, effective Jan 1, 2026, tightens bank approvals, mandates explicit customer consent, and bans service bundling. Learn how it protects users.
Stagnant farm incomes from Kharif and a bleak winter crop outlook are squeezing rural spending, posing a risk to FMCG and durable goods sales. Experts warn of a potential crisis.
The government has ruled out any plans to restructure or merge public sector banks. Get details on FDI limits, IDBI Bank disinvestment, and RRB performance.
Banking Correspondent Sakhis are revolutionizing rural finance, handling over 375 million transactions. Discover how this grassroots network is bridging India's credit gap and empowering women.