CIBIL score to be updated quicker, RBI asks lenders to report credit info every fortnight
The Reserve Bank of India (RBI) has mandated lenders to report credit information to Credit Information Companies (CICs), including CIBIL
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The Reserve Bank of India (RBI) has mandated lenders to report credit information to Credit Information Companies (CICs), including CIBIL
Continue readingThe RBI has decided to increase the frequency of reporting of credit information by lenders, including Banks and NBFCs, to
Continue readingEquity benchmark indices Sensex and Nifty closed nearly 1 per cent down on Thursday after the Reserve Bank of India
Continue readingRBI has introduced a Delegated Payments facility for UPI. This allows the primary user to authorise another individual to make
Continue readingThe Reserve Bank of India on Monday released a draft circular on ‘Regulatory Principles for Management of Model Risks in
Continue readingK V Rama Moorthy was the chief of the bank during its initial public offering (IPO) in September 2022. 2
Continue readingForeign banks and brokerages expect a status quo on policy rate at 6.5 per cent at the upcoming RBI’s Monetary
Continue readingThe Reserve Bank of India (RBI) has cancelled the licenses of 78 Urban Cooperative Banks (UCBs) since calendar year 2014, of
Continue readingBank credit growth slowed to 13.9 per cent in June 2024 compared to 16.3 per cent a year ago due
Continue readingDigital payments have recorded a compounded annual growth rate (CAGR) of 50 per cent and 10 per cent in volume
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