Indian banks and non-bank finance companies (NBFCs) should consider setting up a common pool of bankable projects for climate ...

Much of the financial world revolves around credit scores. Having a robust credit file can open doors to better credit opportunities, like stellar credit card welcome bonuses and favorable loan terms.

Virginia Credit Union and its Member One division have named two executives to critical roles overseeing risk management and the credit union’s internal audit function. Mike Brunson will assume ...

Richmond, Virginia, Feb. 28, 2025 (GLOBE NEWSWIRE) -- Virginia Credit Union and its Member One division have named two executives to critical roles overseeing risk management and the credit union ...

coinciding with a change in leadership as Sanjay Malhotra assumes the role of governor. The Reserve Bank on Tuesday lowered risk weights for bank finance to NBFCs and microfinance loans, a move that ...

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 ...

The reversal of rules follows the central bank’s decision to defer proposals to increase the capital that banks set aside for new project loans and liquidity ... requirement at the time, micro credit ...

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 ...

Shaktikanta Das, former RBI Governor, has been appointed as Principal Secretary-2 to Prime Minister Narendra Modi. Das, who has vast experience in finance and governance, will serve alongside ...

After deferring implementation of the proposed project financing norms at least till March 31, 2026, the Reserve Bank of India (RBI) may restart stakeholder consultation and seek fresh suggestions in ...

Personal loans, which have large share (31.5%) in total credit, recorded moderation in annual growth to 13.7% (15.2% a quarter ago), according to RBI's data on 'Outstanding Credit of Scheduled ...