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The RBI plans to introduce a unique borrower ID for all loan accounts to minimise and reduce credit report errors, enhance ...
Net liquidity in the system stood at a deficit of Rs 2.32 trillion, marking the fourteenth consecutive week of deficit, according to the RBI. Rating agency Icra has revised its credit growth ...
RBI, the central bank of India, is the apex monetary institution that supervises, regulates, controls, and develops the monetary and financial system of India. The Reserve Bank was established in ...
Indian banks' credit growth doubled to 16.8% in the October-December quarter from a year earlier, data released by the Reserve Bank of India (RBI) on Monday showed.
India's banking sector remained resilient in 2021/22 and lenders may have to raise deposit rates more to meet a surge in credit demand, the central bank said in a report on Tuesday.
The article provides a detailed overview of the RBI’s new policy on compensating customers for delayed credit information updation and rectification, covering a range of issues related to ...
The difference between non-food credit and deposit growth shrank from 311 basis points on 26 July to 275 bps on 23 August, latest data from the Reserve Bank of India (RBI) showed. While credit ...
Reserve Bank of India (RBI) governor Shaktikanta Das on Thursday said that the central bank’s timely action has moderated the growth of unsecured loan. In November 2023, RBI had hiked risk ...
RBI Deputy Governor M Rajeshwar Rao has called for frequent data updates by Credit Information Companies (CICs), asserting that it will improve loan underwriting precision, among others.
The Reserve Bank of India (RBI) said it was imposing the restrictions on Kotak Mahindra Bank because of significant concerns stemming from its IT examinations of the bank for the years 2022 and 2023.
I have one credit card with a ₹ 50,000 limit. If I use it to buy something worth, say, ₹ 40,000 and pay off the bill immediately, can I then use the card again to purchase another item for ...
Learn how the RBI regulates India’s economy through credit control policies, including quantitative and qualitative instruments like CRR, SLR, Repo Rate, and Moral Suasion for financial stability.
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