Financial independence is crucial for women’s empowerment and the introduction of several schemes by the government to address this issue by promoting savings, investments and economic security is a good step toward achieving this goal. India has over 500 major schemes for the welfare of women, with the central government running around 100 and state … Read more
The Reserve Bank of India (RBI) has announced that new denomination banknotes of Rs 100 and Rs 200 in the Mahatma Gandhi (New) Series will be issued soon bearing the signature of new RBI Governor Shri Sanjay Malhotra. The bank had already notified issuance of Rs 50 denomination banknotes bearing Shri Sanjay Malhotra’s signature in … Read more
The Securities and Exchanges Board of India (SEBI) has further tightened the regulations for the Initial Public Offerings (IPO) by Small and Medium-sized Enterprises (SMEs) in a bid to protect investors in view of the rising concerns as SME IPOs continue to see increased investor participation. Key amendments include profitability requirements, capping of offer-for-sale and … Read more
Women in India are increasingly becoming credit-conscious and financially aware according to a new report by NITI Aayog’s Women Entrepreneurship Platform (WEP) in partnership with TransUnion CIBIL and Microsave Consulting. The data shows that 2.7 crore women are now actively self-monitoring their credit scores, a 42% rise in 2024. The number of women seeking credit … Read more