Industry players and government think-tank NITI Aayog made a case for giving special credit window for non-banking financial companies (NBFCs) facing liquidity crunch following default by group of companies of IL&FS since September 2018

Share Market Update:  Indian Benchmark indices extended gains in the afternoon session to close on the positive side, backed up by gains in Bank, Realty, Auto and Financial Services. However, India Vix index, that subjects volatility in the market, was up at 27, ahead of counting of Lok Sabha Election 2019 to be done on May 23.

The RBI Board also reviewed the current economic situation, global and domestic challenges and various areas of operations of the Reserve Bank

While Dewan Housing is not an NPA in the books of banks, the huge exposure is now giving sleepless nights to bankers

Reducing the number of central ministries to 30 is another important thing that the new government would like to do to make it in line with international standards and improve the efficiency of the governance, Panagariya said.

The 17th Lok Sabha elections will be held in seven phases starting April 11, followed by counting of votes on May 23. The elections to the world's largest democracy will be held for 543 seats on nearly 10 lakh polling booths across the country

In January, the Reserve Bank of India had set up the five-member panel on deepening digital payments with a view to encouraging digitisation of payments and enhance financial inclusion through digitisation.

Earlier this week, the Reserve Bank of India (RBI) appointed former Deputy Governor R Gandhi as an additional director to the board of Yes Bank.

Companies from all sectors, including banking, e-commerce, health and education, will be able to access the data; the policy will end monopoly over data