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Startup And Fundraising 25 October 2026

India's Policy Pulse: Banking Index, Insurance Reforms, Startup Boosts

The Bihar government unveiled a Bank Performance Index aimed at hitting a Rs 4.95 lakh‑crore credit target by FY 2026‑27, while IRDAI extended feedback on insurance distribution reforms to Oct 31. SIDBI reported improved MSME confidence, and new schemes aim to broaden credit access. Meanwhile, the UK pledged $800 million for AI security, Gujarat’s startup launched India’s first commercial thermal payload on a SpaceX mission, and Ahmedabad allocated ₹50 crore for a startup‑innovation policy.

Bihar launches a Bank Performance Index targeting Rs 4.95 lakh‑crore credit by FY 2026‑27.
- Bank Index: Read more

IRDAI pushes back the feedback deadline for its insurance distribution reforms to Oct 31.
- Insurance reforms: Details

SIDBI's July‑Sept 2026 MSME outlook shows rising confidence, complementing new government schemes to broaden credit for micro‑enterprises.
- MSME outlook: Survey
- Government schemes: Info

The UK announces $800 million for AI security, while Gujarat’s startup puts India’s first commercial thermal payload on a SpaceX rocket.
- AI security fund: UK funding
- Thermal payload: Launch details

Ahmedabad allocates ₹50 crore to its Innovation and Startup Policy, and new GST rules start phased rollout from Nov 1, 2026.
- Startup policy: Funding
- GST reforms: Schedule

BoAt, in partnership with Zetwerk, has produced over 8 crore products in India.
- BoAt production: Report

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