
Asks lenders to build 5% provisions for under-construction projects
For FY25, the Centre has budgeted a surplus transfer of Rs 1.02 trillion from the RBI and public sector banks…
The fourth quarter is usually busy for banks and the demand for credit was high in the January-March quarter and…
C2FO’s wholly-owned subsidiary C2FO Factoring Solutions had received the final approval from the Reserve Bank of India in March 2024…
Consequently, the company will resume loan sanctioning and disbursal, including the issuance of EMI cards, in these two business segments.
Total bank credit to MSMEs under priority sector lending in March was 15 per cent of Rs 164.11 lakh crore…
During the course of the onsite examination of banks, the RBI came across instances of lenders resorting to certain unfair…
Credit growth to non-banking financial companies (NBFCs) slowed to 15.3% y-o-y in March 2024, against 29.9% a year ago.
But SFBs, too, are coming out of a very rough patch. Since their borrowers are financially weaker, delinquencies rose sharply…
Effective management of operational risk is an integral part of the regulated entities’ risk management framework,” RBI said, adding that…
The apex bank has warned regulated entities (REs) against charging of interest from the date of loan sanction and not…
With over 9,000 registered NBFCs in the country across various categories, the retail credit segment stands out as the most…
Typically, LSPs are fintechs that banks and non-banking finance companies (NBFCs) engage to perform functions like customer acquisition, underwriting, and…
The SFBs must also have gross and net-non performing asset ratio (GNPA, NNPA) of not more than 3% and 1%,…
RBI action against Kotak Bank was warranted as ignoring regulatory guidelines for two years is unacceptable.
Rather than directing the penalties to the RBI balance sheet, let entities bring that amount as a special-tier equity capital.
Elaborating on the rationale behind keeping the interest rate unchanged despite benign inflation outlook, Shaktikanta Das said, “The success in…