The governor pointed out that the inflation target range of 2-6% has been given to the MPC to deal with…
The vision document took note of the proliferation of Buy Now, Pay Later (BNPL) services which, it said, has developed…
RBI Governor Shaktikanta Das says the model carries some risks
State Bank of India (SBI) chairman Dinesh Khara said that the country’s largest lender is always in the process of…
The regulator is, therefore, working to evolve an appropriate approach to regulating fintechs, which could be activity-based, entity-based, outcome-based or…
While taking action against the company, the RBI had said that despite being given considerable time and adequate opportunities to…
Soon enough, the Reserve Bank of India (RBI) picked him to clean up another troubled financial institution, Dewan Housing Financial…
Loan growth is directly linked to capacity utilisation, which has already moved to 74.5%.
The selection of a former public sector bank (PSB) executive, also known for steering the resolution of a bankrupt housing…
The lender will now prioritise diversifying its loan book to branch out beyond its niche of credit cards and microfinance…
With competitive intensity rising, NBFCs turned to market strategies that prioritised growth over margins.
According to data released by the National Payments Corporation of India (NPCI), of the 101.8 million debit requests made in…
The presence of a significant amount of liquidity in the system could mean that hikes in deposit rates will be…
The central bank also announced its decision to increase the subsidy amount for micro entrepreneurs accepting digital payments under the…
The MPC unanimously raised the repo rate by 50 basis points to 4.9% — the biggest increase in more than…
RBI governor Shaktikanta Das said the central bank will use all the instruments at its disposal to ensure an orderly…
HDFC Bank has hiked its marginal cost of funds-based lending rates (MCLRs) by 35 basis points across tenures, even as…
As the 50-basis-point (bps) hike in the cash reserve ratio (CRR) kicked in on May 21, surplus liquidity in the…
