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WASHINGTON — Today, the U.S. Small Business Administration (SBA) announced that the Small Business Investment Company (SBIC) program closed Fiscal Year 2025 (FY25) with the largest level of investment capital in the program’s history. In total, the SBIC program reached $53 billion in combined…
WASHINGTON – Today, Kelly Loeffler, Administrator of the U.S. Small Business Administration (SBA), announced a new rule that will allow eligible borrowers to combine their 7(a) and 504 loans for up to $10 million in SBA-backed financing, increasing the cumulative loan limit from…
The Supreme Court will examine the proposed Reserve Bank of India Know Your Customer Amendment Directions 2026, scheduled to be notified by November 30 and operationalized by December 31. Directing the RBI to submit a list of all authorized financial institutions on the…
CJI Surya Kant noted that about ₹800 crore was lost to digital arrest scams this year, which led to questions about the RBI's efforts to tackle such crimes CJI Surya Kant suggested that banks and financial institutions compensate victims of digital…
The Supreme Court on Thursday said banks should be held accountable for digital fraud losses and that victims of scams, including so-called digital arrests, should receive compensation of at least the amount lost if the fraud is found to have…
The Supreme Court on Thursday questioned whether banks are doing enough to protect customers from cyber fraud, particularly in cases where victims are forced into transferring large sums of money by fraudsters posing as officials. The court said the responsibility…
The Supreme Court on Thursday said banks must be made accountable to indemnify losses suffered by digital fraud victims, who should receive compensation of at least the amount lost if an investigation establishes that the offence resulted from a failure…
Pragativadi | Odisha’s Trusted News Source in English Pragativadi is a leading digital news organization committed to delivering timely, accurate, and culturally resonant coverage from Odisha and beyond. With a strong editorial focus on public interest journalism, Pragativadi bridges the gap…
Compounding this lifestyle inflation is the reality of human longevity. Lunsford says that advances in medical technology, healthcare, and pharmaceuticals are extending productive lifespans well into the 80s and 90s. When individuals reach age 65 in good health, a multi-decade retirement centered solely…
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