The Reserve Bank of India (RBI) has published project financing directives laying out norms for resolving stress in project finance, provisioning requirements for projects and flexibility provisions for banks, among other things. The directives will come into force with effect from October 1, 2025. In May 2024, the RBI consulted on the draft guidelines on
In today’s volatile market conditions, fixed deposits (FDs) continue to be one of the safest and most trusted investment options for risk-averse investors. For many people, especially senior citizens, parking funds in a fixed deposit account with a small finance bank (SFB) ensures stable returns while staying protected from daily market ups and downs. What
Chennai-based BFSI player Shriram Finance expects much better growth in the second half of the financial year ending in March 2026. Over the next six months, the RBI’s rate reduction is expected to reflect in NBFCs. According to Umesh Revankar, Executive Vice Chairman of Shriram Finance, typically NBFCs have around 20–30% of their borrowings from
Make the most of your money while rate cuts are on hold. Maria Forbes/Getty Images Despite mounting pressure to lower interest rates, the Fed chose to keep rates where they are at this week’s Federal Open Market Committee Meeting. With interest rate cuts on hold so far this year, policymakers have more time to assess
Personal finance best practices getty Mastering personal finance is an essential life skill. Beyond managing money, it’s about optimizing what you already have to build wealth and achieve financial freedom. Whether you are just beginning your career or want to enhance your habits, this article discusses seven best practices that can anchor your financial life
Shriram Finance will revise interest rates on its Fixed Deposits (FDs) across various tenures, effective June 26, 2025. The company has also adjusted additional benefits for women depositors and renewal of matured deposits. This move follows a broader trend among banks and financial institutions responding to the Reserve Bank of India’s (RBI) monetary policy stance.
From the looks of it, 2026 is going to be AI’s big year in the finance department. A new study from AI-powered procurement software company Tropic found that half of finance departments are currently piloting AI solutions, but 86% plan on using it in much fuller force by 2026. And they aren’t just doing it
The Senate Finance Committee on Monday released its version of proposed tax provisions to be included in the budget reconciliation bill being considered by Congress. The House of Representatives passed its version of the bill, H.R. 1, known as the One Big Beautiful Bill Act, in May. The Senate is considering its own version of
Scott Woody is the Cofounder & CEO of Metronome, a leading usage-based billing platform. getty When companies change how they price their product, everything in the company is impacted—especially the finance team. In the software industry, usage-based pricing, also known as UBP, is gaining popularity rapidly as AI and other rapidly growing software providers adopt
Getty After decades of halting advances, the field of Accessibility for people with disabilities has reached not a fork in one road—it’s smack in the middle of a bustling (and often contentious) convergence of many forces from many directions. There are imperatives from legal and moral to societal and financial. Disabilities physical, sensory and cognitive.