Indian private banks say they expect increases in defaults on small and personal loans due to slower economic growth to ...

State Bank of India (SBI) , the country's top lender by assets, expects the industry's concerns over retail borrowers ...

According to RBI’s notification on February 12, 2025, Scheduled Commercial Banks can issue pre-sanctioned credit lines ...

The traditional FD landscape is undergoing a transformation, driven by the confluence of three key forces: UPI (Unified ...

Easebuzz has secured final authorisation from the Reserve Bank of India to operate as an online payment aggregator, catering ...

The Reserve Bank of India has allowed the use of pre-sanctioned credit lines through UPI, extending this feature to Small Finance Banks. This development aims to offer instant short-term credit ...

Indian private banks say they expect ... in rural areas for small business needs, where stress could take "at least another quarter" to normalise, he added. India's rural economy has suffered ...

Credit Line on UPI is a more structured, transparent, and sustainable credit ecosystem that leverages UPI to enable banks to ...

The Reserve Bank of India (RBI) has expanded the capabilities of Unified Payments Interface (UPI) by allowing transactions ...

The Reserve Bank of India (RBI) has now allowed small finance banks (SFBs) to offer pre-sanctioned credit lines via UPI ...