With RBI’s new 15-day credit reporting rule, your credit score updates faster, helping you access better loan deals sooner.
The meeting of the Monetary Policy Committee (MPC) headed by the new RBI Governor Sanjay Malhotra was scheduled from February 5 to 7 and the credit policy decision was announced today. This is the ...
RBI Governor Sanjay Malhotra said, “the financial or the system level, financial parameters for the scheduled commercial banks continue to be healthy. The Credit deposit ratio for the banking ...
The Reserve Bank of India (RBI) reduced its repo rate from 6.5% to ... The rate cut could lead to marginally lower mortgage and credit card interest rates as well as cheaper borrowing costs ...
While announcing the updated rule, then RBI governor Shaktikanta Das emphasized in his monetary policy statement that accurate credit information is crucial for both lenders and borrowers ...
Sudipta Roy, Managing Director & CEO of L&T Finance Ltd, noted that, coupled with last week’s record tax cuts, the policy rate cut will help reinvigorate credit channels in the economy. “The RBI’s ...
BENGALURU, Feb 6 (Reuters) - The Indian rupee is set to become more volatile as the Reserve Bank of India's new governor loosens control over ... poll found. The RBI's actions in the market ...
However, in order to retain some flexibility on the final loan pricing, most NBFCs would submit to RBI a matrix of rates depending on various parameters - borrowers' credit score. Loan to value ratio, ...
and boosting credit demand. This could enhance banking sector profitability and drive positive investor sentiment, Markets remained volatile post-announcement, with banking stocks seeing initial gains ...