The Reserve Bank of India (RBI) has now allowed small finance banks (SFBs) to offer pre-sanctioned credit lines via UPI ...
This development follows RBI’s directive on February 13, 2025, which imposed operational restrictions on the bank under Section 35A of the Act. The RBI has cited governance issues as the reason for ...
On Monday, the rupee slipped to an all-time low of 87.95 against the dollar, but the fall was limited as the RBI intervened ...
India's wholesale inflation eased to 2.31% in January from 2.37% in December, driven by changes in food prices. Retail ...
The RBI on Thursday imposed several restrictions on city-based New India Co-operative Bank, including on withdrawal of funds ...
NBFCs urge RBI to raise the ECB limit, ease SARFAESI norms for small loans, expedite eKYC approvals, and relax asset ...
Further, Morgan Stanley added that the indirect impact from uncertainty weighing on business confidence is more worrisome.
This USD/INR forecast explains what to expect now that the RBI has implemented foreign exchange rate interventions ...
After the core inflation fell to 3.58% in December 2024, it has bounced back to 3.70% in January 2025. This is due to the ...