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 ...

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 ...

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 ...

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.

Fintechs, especially in the lending space, are hopeful of a revival in credit growth after the Reserve Bank of India (RBI) went for a larger-than-expected 50 basis point cut, bringing down the ...

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 ...

India Business News: The Reserve Bank of India (RBI) plans to enable Small Finance Banks (SFBs) to offer pre-approved credit lines via UPI. This move aims to broaden credi ...

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.