Retail lending has grown more in rural areas relative to urban areas: CAFRAL report
Retail lending has grown more in the rural areas relative to the urban areas across lenders, as creditors started tapping the
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Tag: Reserve Bank of India
Rising bank financing for NBFCs raises concerns about systemic contagion: RBI’s research body
Rising bank financing for non-banking financial companies (NBFCs) raises concerns about systemic contagion and underscores the need for tighter preventive
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RBI appoints Manoranjan Mishra as Executive Director
Reserve Bank of India (RBI) has appointed Manoranjan Mishra as Executive Director (ED) with effect from November 01, 2023. Prior to
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RBI issues norms to regulate fintechs in cross-border payments space
Fintech companies will have to apply for Payment Aggregator-Cross Border (PA-CB) licences after the new guidelines issued by the central
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RBI Governor stresses importance of governance amid healthy financial numbers
The Reserve Bank of India (RBI) wants to ensure that the strong financial performance of banks and non-banking finance companies
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Banks and Credit Info firms to compensate complainants if there is delay in updation/ rectification of credit information
Credit institutions (CIs) and credit information companies (CICs) will have to compensate complainants at the rate of ₹100 per day
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Can Ashok Vaswani fill Uday Kotak’s big shoes?
Nobody serves up surprises better than Kotak Mahindra Bank and its promoter Uday Kotak. The appointment of Ashok Vaswani, as
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Individual investors can subscribe to Floating Rate Savings Bonds, 2020 (Taxable), under RBI’s Retail Direct Portal
The Reserve Bank of India, in consultation with the Government of India, has expanded the basket of products offered through the
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Kotak Mahindra Bank gets RBI approval to acquire MFI Sonata Finance
Private-sector lender Kotak Mahindra Bank on Friday said it received Reserve Bank of India’s (RBI’s) approval to acquire 100
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Nifty realty index surges over 3% as RBI maintains repo rate: Boost for real estate sector
The Nifty Realty Index zoomed over 3 per cent as the Reserve Bank of India decided to maintain the status
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