RBI Draft Norms on REIT & InvIT Lending: A Real Estate Game-Changer
The Reserve Bank of India (RBI) has released draft amendment directions allowing commercial banks to lend to Real Estate Investment Trusts (REITs) for the first time, harmonizing rules with Infrastructure Investment Trusts (InvITs) to promote balanced funding for income-generating assets. Key Highlights of the Draft These proposals, announced post the February 6, 2026, Statement on…
Read article
RBI outlines Key Reforms in Payments, Agriculture Credit, and Financial Inclusion
The Reserve Bank of India (RBI) released its Statement on Developmental and Regulatory Policies on February 6, 2026, outlining a series of targeted measures to bolster the payments ecosystem, enhance agricultural credit delivery, and promote financial inclusion. Amid evolving economic priorities, these reforms focus on streamlining the Lead Bank Scheme, refining Kisan Credit Card (KCC)…
Read article
Big RBI Move: Collateral-Free Loans Raised to ₹20 Lakh
A landmark announcement in the Statement on Developmental and Regulatory Policies dated Feb 6 RBI doubles the collateral-free loan ceiling under CGTMSE and similar guarantees from ₹10 lakhs to ₹20 lakhs, targeting MSMEs, women entrepreneurs, and startups. Salient features: This enhancement injects vitality into MSME credit, critical for India’s job creation engine. Banks must recalibrate…
Read article
Union Budget 2026: How the TCS Reduction Benefits Students
Finance Minister Nirmala Sitharaman, while presenting the Union Budget 2026, announced a reduction in the Tax Collected at Source (TCS) rate on education-related remittances under the Liberalised Remittance Scheme (LRS). The TCS rate has been lowered from 5 per cent to 2 per cent, offering meaningful financial relief to students and families funding education and…
Read article
How to apply for Overseas Citizen of India (OCI)
To apply for an Overseas Citizen of India (OCI) card, complete the online application through the official OCI Services portal: https://ociservices.gov.in. Upload all required self-attested documents, along with your photograph and signature. After completing the online process, submit the printed application form, supporting documents, and applicable fees at your local VFS Global center, Indian Mission,…
Understanding Government Facilities for Micro and Small Enterprises in India
The Indian government provides extensive facilities and schemes for Micro and Small Enterprises (MSEs) to promote growth, employment, and competitiveness. These initiatives, primarily through the Ministry of Micro, Small and Medium Enterprises (MSME) and RBI, include financial aid, infrastructure support, and regulatory benefits accessible via Udyam registration. Registration Process Udyam Registration offers a simple online…
Read article