The RBI has now extended credit lines to small finance banks (SFBs) through UPI to bolster the popularity of the payments interface.
Indian private banks say they expect increases in defaults on small and personal loans due to slower economic growth to ...
Banks and fintech firms are awaiting subsidy payments from the government for promoting digital payments. Despite ...
The Reserve Bank of India (RBI) has now allowed small finance banks (SFBs) to offer pre-sanctioned credit lines via UPI ...
According to RBI’s notification on February 12, 2025, Scheduled Commercial Banks can issue pre-sanctioned credit lines ...
A number of small- and mid-sized investment ... equity capital market banking has been a fairly concentrated space in India with a limited number of active foreign and domestic players.
MUMBAI, Feb 10 (Reuters) - Indian private banks say ... in rural areas for small business needs, where stress could take "at least another quarter" to normalise, he added. India's rural economy ...
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