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The RBI plans to introduce a unique borrower ID for all loan accounts to minimise and reduce credit report errors, enhance ...
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Newspoint on MSNCIBIL Score: RBI made a big change in the rules for CIBIL score, customers will benefit..Maintaining a good CIBIL score is extremely important for all individuals. It helps you to get loans from banks easily, as a ...
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 ...
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 ...
India's banking sector remained resilient in 2021/22 and lenders may have to raise deposit rates more to meet a surge in credit demand, the central bank said in a report on Tuesday.
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.
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 Deputy Governor M Rajeshwar Rao has called for frequent data updates by Credit Information Companies (CICs), asserting ...
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.
The Reserve Bank of India (RBI) imposed 353 penalties totalling Rs 54.78 crore on regulated entities (REs) for non-compliance with various statutory provisions and directions during the financial ...
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 ...
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