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RBI crackdown on personal loans – Bajaj Finance, IIFL, Aditya Birla and SBI Cards to take a bigger hit, say analysts

Reserve Bank of India’s crackdown on personal loan disbursals by banks and non-banking finance comp…

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7 mins read

The dark truth behind RBI’s crackdown on easy personal loans

The Reserve Bank of India tightened capital norms for lenders disbursing unsecured loans to unsuspe…

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2 mins read

RBI governor asks realty companies to stress test their books

The governor of Reserve Bank of India (RBI) Shatikanta Das said on Wednesday that the recent measur…

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HDFC Bank has lost over $2 billion in market value after the RBI crackdown on the lender’s digital business

The share price of private-sector lenders cracked over 2% during the afternoon session after tra…

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China’s crypto crackdown is not likely to stop with Bitcoin mining — stablecoins, software, influencers are also on its radar

The crackdown on cryptocurrencies by China is unlikely to stop with Bitcoin mining. Authorities in …

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UPI transactions will remain free, government says it has no plan to charge them

The Finance Ministry has said that the government does not plan on levying charges on UPI transacti…

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China’s crypto crackdown grows, with 1100 people behind bars for money laundering

The arrests could convince some users who thought China’s crackdown on the industry won’t la…

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Digital rights advocacy group IFF notices 70% drop in donors as banks unable to keep up with RBI’s recurring payments regulation

Apar Gupta, executive director of IFF, told Business Insider, “A lot of our sign-ups were throug…

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4 mins read

Yes Bank's 15-month journey from regulatory crackdown to finding a new CEO

Gill’s appointment caps a tumultuous period for Yes Bank, following a clampdown by India’s c…

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The Russia-Ukraine war has spurred a crackdown on 'golden passports.' Here's what they are and why the EU is trying to ban them.

"Golden passports," or citizenship by investment (CBI) programs, allow wealthy foreigners to receiv…

Hannah Towey   


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Google says it has removed several loan apps in India after RBI takes steps to curb fraud in digital lending

Tech giant Google today said that it has reviewed hundreds of loan apps in India and has also remov…

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Jio’s fundraising spree and fall in imports help India clock the first current account surplus in 17 years

The CAD, the gap between the country's overall foreign receipts and payments, is an important fa…

PTI   


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IDFC First Bank joins ICICI Bank, Yes Bank and others in stopping services to crypto companies, despite RBI's nudge to ignore its 2018 order

IDFC First Bank isn't the only one to keep its distance from the volatile markets. ICICI Bank,…

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Yes Bank is denying reports that its new CEO Ravneet Gill is getting rid of its top brass.

Yes Bank is denying reports that its new CEO Ravneet Gill is getting rid of its top brass. A Mint…

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The crackdown: Is the government really at war with NGOs?

A few months ago, the home ministry said lobby groups such as Greenpeace were damaging the country'…