India's central bank is prioritising currency stability over concerns about credit market tightness, defying wider market ...
Merchant payments now account for around 62 percent of all UPI transactions, up from 40 percent in January 2022 ...
While the Reserve Bank of India (RBI) has implemented ... environment, FIs need to look beyond traditional fixes and adopt innovative strategies to sustain credit growth. Here’s how: 1.
India's urban co-operative bank sector faces fraud and financial challenges, with RBI interventions crucial for stability and revival.
Higher interest rates on new loans:RBI tends to raise benchmark interest rates to control high inflation ... the period to pay back your loan. Your credit score can get you better loan terms.
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RBI freezes New India Cooperative Bank deposits after missing funds complaint; assures safety of deposits up to Rs 5 lakhMUMBAI: Funds of over a lakh depositors and several cooperative housing societies are stuck with New India Cooperative Bank after it was placed under moratorium by RBI on Thursday. RBI said the ...
It is now time to turn to minimum information as set out in the industry standards. Over 32 pages, with tabular statements, ...
New India Co-operative Bank: The Reserve Bank of India (RBI) has put a stop to the ... reported Money Control. Deposits up to Rs 5 lakh are covered under the Deposit Insurance and Credit Guarantee ...
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