RBI's BIG Step To Curb On Multiple Personal Loans: How Central Bank's New Norms Tighten Grip On Borrowing
The updated credit reporting rule by the Reserve Bank of India (RBI) brings stricter monitoring of borrower activities, ensuring lenders have more accurate and timely insights into an individual’s ...
Indian banks' loan growth drops for fifth month in November as tighter lending rules weigh
Indian banks' loan growth moderated for a fifth straight month in November, central bank data showed, as lenders continued to rein in unsecured and personal loans after the Reserve Bank of India's ...
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Bank ALERT! Do You Have THESE 3 Types of Accounts? RBI to Close Your Account From January 1!
With just hours remaining before 2025, the Reserve Bank of India (RBI) is taking proactive steps to ease the pressure on the ...
RBI's New Year Gift: 6 things you need to know about the new NBFC fixed deposit (FD) rules. Details here
Gift: From January 1, 2025, RBI introduces revised regulations for fixed deposits from NBFCs and HFCs. Notable changes ...
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India's Central Bank Flags Risks in Microfinance Yet Again
Today we look at: Good morning, this is Alex Gabriel Simon, an equities reporter in Mumbai. India’s stock market is set to ...