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2 mins read
RBI to come up with unified regulatory framework on connected lending
The Reserve Bank of India (RBI) said on Friday that it will come up with a unified regulatory frame…
1 min read
RBI penalties on banks, NBFCs add up to Rs 40.39 crore for 2022-23
The Reserve Bank of India (RBI) has imposed penalties to the tune of Rs 40.39 crore on banks, non-b…
3 mins read
Customer protection 'guiding light' of revamped microfinance regulations, says RBI deputy governor
Reserve Bank of India’s (RBI) deputy governor M Rajeshwar Rao on Friday outlined several measures i…
1 min read
RBI directs credit information companies to appoint internal ombudsman
The RBI, in its Statement of Developmental and Regulatory Policies, on August 5, 2022 had called…
4 mins read
Home loans will remain cheap for a little longer
It is an icing on the cake for people looking to buy a house on equated monthly installments (EMI).…
2 mins read
Bank, NBFC stocks tumble after RBI decision
We read this as major negative for all NBFCs (including the ones with strong liability franchises)…
PTI
2 mins read
India’s central bank is on high alert amid fears of a ₹8.5 billion default by housing finance major
The Reserve Bank of India (RBI) governor Shaktikanta Das today said that the central bank could ste…
2 mins read
Digital lending platforms see 3x year-on-year rise in disbursals to ₹14,016 crore in Q2 FY23
Fintechs issuing digital loans witnessed an over three-fold disbursal growth in Q2. The number and …
2 mins read
India’s central bank is moving ahead with plans to set up the country’s first public credit registry
The Reserve Bank of India (RBI) has moved a step closer to establishing the country’s first pub…
2 mins read
Home loans up to ₹20 lakh may get cheaper and easier
The central bank is hoping that these measures would revive demand for homes as well as for invest…
2 mins read
There is a breather from record high inflation, but still above tolerance band: RBI
Even though India's inflation has eased, it still remained above the Reserve Bank of India's (RBI) …
2 mins read
Home loan rates are unlikely to go down any further as RBI keeps rates unchanged
Home loan rates will not be going down further as the Reserve Bank of India (RBI) has maintained th…
3 mins read
As India’s shadow banks brace for a tough 2019, the central bank and government will try and prevent a repeat of the IL&FS crisis by solving the data problem
One of the big stories emanating from the Indian banking sector last year was the repeated defaul…
3 mins read
RBI's rate cut to support economy, say bankers
"The RBI continued with its extraordinary commitment in its fight against COVID-19. The latest rou…
PTI
2 mins read
RBI issues guidelines for Ind AS implementation by NBFCs, ARCs
"The RBI expects the board of directors to approve sound methodologies for computation of expected…
PTI
3 mins read
Complaints to banking ombudsman rise 20% in FY'19: RBI
Mumbai, Dec 17 () Complaints to banking ombudsman rose by nearly 20 per cent to over 1.96 lakh duri…