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The proposal, which was sent to the finance ministry last month, suggests lending in rupees to non-residents can begin in neighbouring countries such as Bangladesh, Bhutan, Nepal and Sri Lanka, the sources said

Tie-up to offer IPPB customers access to personal, business and property loans through ABCL’s digital platform

The Reserve Bank of India has instructed finance companies to exclude default loss guarantees (DLGs) from fintech firms when provisioning for stressed loans, impacting digital lending service providers. NBFCs must now make full provisions on these loans, diminishing their appeal for new business.

India and Taiwan have worked together to create a new solar technology that converts carbon emissions into clean, renewable energy. Hindustan Institute of Technology and Science collaborated with National Taiwan University to make this possible.

The Reserve Bank of India (RBI) is considering easing investment norms for regulated entities (REs) in alternative investment funds (AIFs), following earlier restrictions aimed at financial discipline. A draft proposal suggests capping a single RE’s contribution to an AIF scheme at 10% of its corpus, with a 15% ceiling for all RE investments in a scheme.

Indian space technology company InspeCity has announced a $5.6-million seed-funding round to power its vision of sustainable space operations.

Indian space technology company InspeCity has announced a $5.6-million seed-funding round to power its vision of sustainable space operations.

Solar Defence and Aerospace (SDAL) successfully tested Bhargavastra, a low-cost counter-drone system, at the Gopalpur firing range. The system uses micro rockets to neutralize drone swarms, marking progress in India’s drone defense capabilities. Prime Minister Modi reviewed indigenous defence projects, including the Nagastra-3 loitering munition, highlighting advancements in India’s defence technology.

From cooling-off periods to app directories, the RBI’s Digital Lending Directions 2025, aim to reform India’s growing digital credit space and restore borrower trust.

Amid tightening funding conditions, the government has expanded the Credit Guarantee Scheme for Startups, raising the coverage limit to ₹20 crore and slashing annual guarantee fees for 27 priority sectors.