The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide ...

The Reserve Bank of India (RBI) has mandated credit lenders to update the credit bureau records every fortnight, starting from January 1, 2025. So far the credit report is updated in a monthly cycle.

Banks have also sounded the finance ministry on the need for easing the stringent RBI guidelines which are likely to hit credit growth.

The RBI on Monday came out with a master direction consolidating various instructions issued to banks and other financial institutions on reporting of the credit information of their customers.

With effect from January 1, 2019, the RBI has mandated the use of only EMV Chip and PIN-based debit and credit cards. Also, the scope of UPI was expanded by permitting linkage of RuPay credit card ...

RBI’s new rule aims to provide borrowers with a more up-to-date and accurate credit score.(MINT_PRINT) As from January 1, 2025, one of the key regulations taken by the Reserve Bank of India will ...

Additionally, RBI warns about the risks associated with top-up and private credit loans, emphasizing the need for careful monitoring. In light of these concerns, RBI had instructed that all top-up ...

says the latest state-wise credit data released by the RBI. With Rs 41,70,600 crore of the total credit, the western and southern regions controlled as much as 60.6 percent of the system as of the ...

Credit growth outpaced deposit growth for commercial banks in June, the Reserve Bank of India (RBI) said in its quarterly statistics on deposit and credit of commercial banks for June 2022 ...

The Reserve Bank of India (RBI) has issued a master direction mandating that Credit Information Companies (CICs) must notify customers via SMS or email whenever their Credit Information Report ...

Mumbai, Jan 6 (PTI) The RBI on Monday came out with a master direction consolidating various instructions issued to banks and other financial institutions on reporting of the credit information of ...