Lines of credit are usually provided to individuals or small business owners. This product enables the borrower to withdraw ...

The cost of living eased in February, with inflation dipping below 4%. The central bank’s policy pivot last month towards growth-support looks valid. How durable price stability proves, though, is an ...

RBI has recently taken an important step, due to which there will be no possibility of your CIBIL score getting spoiled. The ...

Under the new leadership, the Reserve Bank of India (RBI) is ‘undoing’ some of the measures taken during the previous regime ...

India's central bank is prioritising currency stability over concerns about credit market tightness, defying wider market ...

Also, the RBI decided that microfinance loans in the nature of consumer credit shall also be excluded from the applicability of higher risk weights ...

RBI recently directed the credit information companies (CICs) that they need to update their record every 15 days instead of one month. This will help the borrowers keep their data updated.

We missed this earlier: The Reserve Bank of India (RBI) has now extended the credit line framework via the unified payments interface (UPI) to small finance banks (SFBs). Credit lines are pre ...

On Tuesday, the RBI slashed the risk weights of bank loans to NBFCs by 25 percentage points depending on the ratings. This move is expected to significantly improve credit flow to NBFCs ...

It’s now taken control. Following the Carrols and PLK China acquisitions, RBI established a new operating and reportable segment, Restaurant Holdings. That comprises results from Carrols Burger King ...