The North East Small Finance Bank (NESFB) has appointed Satish Kumar Kalra as its interim Managing Director and Chief Executive Officer. The appointment has been approved by the Reserve Bank of India. “The Union Budget 2025-26 reflects a strategic push towards financial inclusion, rural development, and MSME growth.
Initiatives like the enhanced Kisan Credit Card limit to ₹5 lakh and new taxation reforms demonstrate a balanced approach to fostering economic empowerment. These measures are particularly encouraging for regions like the Northeast, where increased access to credit and financial services can drive entrepreneurship and community upliftment.”
The budget continues the government’s efforts to accelerate growth, secure inclusive development, invigorate private sector investments, uplift household sentiments, and enhance the spending power of India’s rising middle class.