https://www.taxtmi.com/news?id=28279 Departmental reforms in 2024 enhanced banking-sector resilience through asset-recognition and resolution measures, recapitalisation and prudential frameworks that reduced gross and net NPAs and improved provision coverage and capital adequacy. Concurrently, the digital-payments ecosystem was expanded and internationalised via enhanced UPI features, interoperability measures, and regulatory directions including BBPS Master Direction and escrow protections. Financial inclusion was advanced through scale-up of basic bank accounts, low-cost insurance schemes, MUDRA and targeted credit programs, while agricultural credit and Kisan Credit Card saturation drives increased concessional lending to farmers and allied activities. en-us Thu, 26 Dec 2024 18:30:57 +0530 Thu, 26 Dec 2024 18:30:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=28279 Departmental reforms in 2024 enhanced banking-sector resilience through asset-recognition and resolution measures, recapitalisation and prudential frameworks that reduced gross and net NPAs and improved provision coverage and capital adequacy. Concurrently, the digital-payments ecosystem was expanded and internationalised via enhanced UPI features, interoperability measures, and regulatory directions including BBPS Master Direction and escrow protections. Financial inclusion was advanced through scale-up of basic bank accounts, low-cost insurance schemes, MUDRA and targeted credit programs, while agricultural credit and Kisan Credit Card saturation drives increased concessional lending to farmers and allied activities. News - Thu, 26 Dec 2024 18:30:57 +0530 https://www.taxtmi.com/news?id=28279