IBT Business Desk

Articles by IBT Business Desk

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SBI's balance sheet size bigger than GDP of 175 countries: Data

SBI's balance sheet size bigger than GDP of 175 countries: Data

In the Pradhan Mantri Jan-Dhan Yojana (PMJDY), the SBI has opened 15 crore accounts, has enrolled 14.6 crore people under the Pradhan Mantri Suraksha Bima Yojana (PMSBY), 6.7 crore under the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), and 1.73 crore in Atal Pension Yojana (APY). Jul 1, 2025
Number of new firms registered in India clocks 29 pc jump in May

Number of new firms registered in India clocks 29% jump in May

The total number of registered companies in the country as on May 31, 2025, has now gone up to 28,96,943, of which 65 per cent (18,90,305) are active. There is an increase of 0.2 per cent in the total proportion of active companies when compared to April 2025, according to the Ministry. Jun 30, 2025
How to link your PAN card with your Aadhaar card online

Key financial changes coming in July: From Aadhaar-PAN rule to new bank charges

From July 15, the MAD will now include total GST, EMI amount, all fees and finance charges, 2 per cent of the outstanding balance, and any overlimit amount. This is a shift from the earlier method, which took either 5 per cent of certain charges or 100 per cent of finance charges -- whichever was higher -- along with other fees. Jun 27, 2025
Indian markets likely to rise in Q3 FY26: Morgan Stanley

Indian markets likely to rise in Q3 FY26: Morgan Stanley

One of the key triggers could be the upcoming corporate earnings season. Morgan Stanley expects many companies to beat market expectations due to lower base comparisons, improved efficiency, and steady demand from consumers. Jun 27, 2025
Reserve Bank of India (RBI)

RBI's new project finance directions to cushion banks against risk: Report

The new direction brings in a higher base level standard asset provisioning for under-construction projects set at 1 per cent and a slightly higher 1.25 per cent for under-construction CRE exposures (that compares with the extant 0.4 per cent to 1.0 per cent), with step-ups linked to DCCO deferment period. Jun 26, 2025