We missed this earlier: The Reserve Bank of India (RBI) has now extended the credit line framework via the unified payments interface (UPI) to small finance banks (SFBs). Credit lines are pre ...
“We are thankful for TFI’s and Cartesian’s partnership over the years and their role in expanding the brand ... It’s now taken control. Following the Carrols and PLK China acquisitions, RBI ...
The Reserve Bank of India (RBI) has directed large non-banking financial companies (NBFCs) to stop and not to renew the practice of extending 'line of credit' to companies over concerns that the ...
In a separate statement on Tuesday, the RBI also announced the restoration of risk weights on banks’ exposure to non-bank lenders based on their credit rating. The actions come after a ...
However, it said that eligible depositors could claim up to Rs 5 lakh from the Deposit Insurance and Credit Guarantee Corporation (DICGC), an RBI subsidiary. The move sparked panic amongst the ...
After six years of steering India's monetary policy as RBI Governor ... known for his pivotal role in managing demonetisation, COVID-19 stimulus measures, and inflation control, now has a broader ...
Personal loans, which have large share (31.5 per cent) in total credit, recorded moderation in annual growth to 13.7 per cent (15.2 per cent a quarter ago), according to RBI's data on 'Outstanding ...
Reserve Bank of India (RBI) Governor Sanjay Malhotra has ... underscored the significant role played by NBFCs in credit intermediation, particularly in making credit available for small businesses ...
While certain categories like housing loans had been excluded from the increased capital requirement at the time, micro credit was not. The RBI did not elaborate on why it was reverting to its ...
The issue of dynastic control in some of the Urban Co-operative ... Central Board of the Reserve Bank of India (RBI). Referring to the recent collapse of the fraud-hit New India Cooperative ...