RBI proposes asset-based criteria for PSU inclusion in upper layer NBFC

The Reserve Bank of India on Friday proposed an overhaul of the framework for identifying upper-layer non-banking finance companies (NBFCs), suggesting a shift to an asset-size-based criterion and inclusion of government-owned entities, PTI reported.Under the draft ‘Reserve Bank of India (Non-Banking Financial Companies’ Registration, Exemptions and Framework for Scale Based Regulation) Second Amendment Directions, 2026’,…

Read More

Assam HS result 2026 expected to be released in the last week of April: Check how you can download it through UPOLOBDHA app

The Assam Higher Secondary Education Council is expected to declare the Class 12 (Higher Secondary) results for 2026 soon on the official website, ahsec.assam.gov.in, resultsassam.nic.in, results.ahsecregistration.in, digilocker.gov.in. According to officials, the Assam Board HS results are expected to be released in the last week, most probably by April 30, 2026.According to an official statement, the…

Read More

Bank credit grows 15.9% in FY26 to Rs 212.9 lakh crore; Finance ministry says capex, reforms boosting demand

Scheduled Commercial Banks (SCBs) recorded a robust 15.9 per cent growth in credit during FY2025-26, reflecting strong economic activity and sustained demand across sectors, the Finance Ministry said, PTI reported. Total outstanding bank credit stood at Rs 212.9 lakh crore in March 2026, an increase of Rs 29.2 lakh crore over the previous year. “Amidst…

Read More

Gen Z churn fuels GCC backfilling surge: Report

BENGALURU: High attrition among Gen Z employees is driving a surge in backfilling across India’s global capability centre (GCC) ecosystem, even as overall hiring demand witnesses a sharp rebound.A report by Quess Corp shows Gen Z tenure has dropped below 24 months, with companies facing a 40% replacement hiring rate-meaning nearly two in five roles…

Read More

Freight pricing scrutiny: Govt asks shipping lines to avoid ‘predatory’ charges amid Middle East crisis

The government has asked shipping companies, vessel operators and their agents to refrain from “predatory, non-transparent and opportunistic pricing” practices as freight costs rise sharply amid disruptions caused by the ongoing conflict in West Asia, PTI reported citing sources.The advisory was issued by the Directorate General of Shipping (DGS) on Monday after the regulator received…

Read More