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Loan sanctioning has gone digital, but recovery still needs a 'feet on the street' approach, says RBI Deputy Governor
He also highlighted one particularly concerning practice that involves the invasion of customers' p…
ANI
Loan-to-deposit ratio will subside on its own in coming months, notes Motilal Oswal report
As of 9th August, 2024 the Indian banking sector's loan-to-deposit (LD) ratio stood at 77.2 %, whic…
RBI mandates banks to set up committees for inspection of fraud cases after the SC ruling
As per the revised directions of Reserve Bank of India (RBI), the lenders have to issue a detailed …
ANI
RBI tightens norms on personal loans for banks and NBFCs; stocks to be under pressure
Shares of SBI Cards, RBL Bank, HDFC Bank and ICICI Bank are expected to come under pressure after…
RBI imposes penalties on three housing finance companies for non-compliance with directions
The Reserve Bank of India has imposed monetary penalties on three Non-Banking Financial Companies f…
ANI
Nifty, Sensex trade flat dragged by financial stocks
Equity benchmark indices, the Nifty and the Sensex declined in early trade on Friday but recovered …
RBI keeps repo rate unchanged at 6.5%: What is repo rate and how it affects you
Reserve Bank of India's Monetary Policy Committee announced maintaining the repo rate at 6.5% for t…
RBI MPC Meet: Repo rates unchanged at 6.5%, inflation moderating, albeit slowly
MPC decided, by a majority of 4:2 members, that the repo rate will be left unchanged at 6.5%. Thi…
India’s corporates in ‘wait and watch’ mode as consumption loans zoom
Large corporates are still not driving India’s credit growth as private capital expenditure is yet …
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…
SBI raises lending rates by 5 to 10 basis points; New loans to cost more
The State Bank of India (SBI) on Monday announced an increase in its Marginal Cost of Funds Based L…
ANI
RBI tightens norms on personal loans for banks, NBFCs
The Reserve Bank on Thursday tightened norms for unsecured personal loans for banks and non-banking…
PTI
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…
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…
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…
Higher risk weight on unsecured bank loans credit positive: Moody's
Higher risk weight on unsecured bank loans credit positive: Moody's. The RBI's decision to tighten …
PTI
My company is like my daughter... it was an emotional setback: Paytm founder Vijay Shekhar Sharma
Speaking at the 7th JIIF Foundation day, Sharma was asked about Reserve Bank of India (RBI's) actio…
PTI
RBI penalizes five banks, including PNB, for regulatory non-compliance in first week of July
The Reserve Bank of India (RBI) has penalized five banks, including Punjab National Bank (PNB), in …
ANI
Flipkart to distribute Axis Bank personal loans of up to ₹5 lakh
The platform, which has 450 million customers, will be distributing loans of up to ₹ 5 lakh which c…
PTI
Banks' gross NPAs at 12-yr low, may fall further to 2.5%: RBI report
Among bank groups, public sector banks (PSBs) recorded a substantial reduction (76 bps) in their GN…