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Indian private banks say they expect increases in defaults on small and personal loans due to slower economic growth to ...
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 ...
Easebuzz secures RBI authorization to operate as an online payment aggregator, enabling it to process payments for Indian ...
Banks and fintech firms are awaiting subsidy payments from the government for promoting digital payments. Despite ...
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 ...