The Reserve Bank of India has imposed a penalty of Rs 5 crore on Citibank, Rs 4.34 crore on Bank of Baroda,...
NEW DELHI: In a proactive move aimed at mitigating potential systemic risks associated with the rapid growth of consumer credit, the Reserve...
India’s retail inflation eased to a three-month low of 5.02% in September on the back of softer vegetable prices, higher than the...
The move comes within a month of RBI Governor Shaktikanta Das flagging concerns over a high growth seen in consumer credit segment....
The Indian economy is seen to have maintained its growth momentum in the second quarter of financial year 2023-24 (Q2FY24) and is...
Alternative Investment Funds (AIFs) represent a sophisticated investment avenue tailored for High Net Worth Individuals (HNIs), family offices, institutional investors, and other...
The Reserve Bank last week raised risk weights on unsecured retail loans, credit cards and lending to non-banking finance companies by 25...
RBI has asked Bajaj Finance to immediately stop sanction and disbursal of loans under two lending products; Know its impact The Reserve...
NEW DELHI: The finance ministry has asked state-owned banks to review systems and processes related to their digital operation in view of...
Department of Investment and Public Asset Monetisation (DIPAM) Secretary Tuhin Kanta Pandey said the transaction is “on course” but there are aspects...