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

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 ...

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.

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 ...

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 ...

The Reserve Bank of India (RBI) has approved small finance banks (SFBs) to offer credit lines on the Unified Payments Interface (UPI), in accordance with the regulator’s announcement made during ...

However, it said that eligible depositors could claim up to Rs 5 lakh from the Deposit Insurance and Credit Guarantee Corporation (DICGC), an RBI subsidiary. The move sparked panic amongst the ...