The Reserve Bank on Monday permitted banks to allow minors above the age of 10 years to open and operate savings/ term ...

The Reserve Bank of India (RBI) has announced six changes to CIBIL scores, all effective from January 1, 2025. These new ...

RBI Deputy Governor Urges NBFCs to Strengthen Risk Controls and Governance - Reserve Bank of India (RBI) Deputy Governor ...

The new framework retains a key principle of RBI's regulations on bad loans that are aimed at preventing defaulters getting control of their assets through the back door.

Personal loans and credit card debt accounted for approximately 52% of fresh bad loans in banks' retail portfolios between April and September last year, RBI data showed. So far, the lack of options ...

Mumbai: Measures taken by the Reserve Bank of India (RBI) to ease the monetary policy in recent months are expected to support a year-on-year credit expansion of around 10.8 per cent at Rs 19 lakh ...

Home loan borrowers have a reason to cheer again. In a move aimed at supporting growth, the Reserve Bank of India (RBI) has ...

The RBI Governor Sanjay Malhotra-led MPC cut repo rate by 25 basis points (bps) to 6% amid cooling inflation and slowing ...

The RBI's 25 basis point repo rate cut to 6 addresses global trade pressures. This affects loan costs for Indians and could ...

India's central bank, the Reserve Bank of India (RBI), issued a new draft guideline for gold loans on Wednesday, April 9. The draft guideline has directed that lenders have uniform documentation ...

Governor Malhotra stated on Wednesday that the decision to lower the repo rate was unanimously approved by the Monetary ...