The RBI has now extended credit lines to small finance banks (SFBs) through UPI to bolster the popularity of the payments interface.
According to RBI’s notification on February 12, 2025, Scheduled Commercial Banks can issue pre-sanctioned credit lines ...
The Reserve Bank of India has allowed the use of pre-sanctioned credit lines through UPI, extending this feature to Small ...
Fundraising through infrastructure bonds is set to become more expensive for Indian lenders that have used them to raise ...
With this update, customers of small finance banks can now access pre-approved ... According to the National Payments Corporation of India (NPCI) data, UPI locked 16.99 Bn transactions worth ...
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.
Credit Line on UPI is a more structured, transparent, and sustainable credit ecosystem that leverages UPI to enable banks to ...
Each bank branch has its own IFSC code, which is assigned by the Reserve Bank of India (RBI). The code can easily be checked by the accountholders on the website of the RBI. A valid Indian ...
List of Indian Bank IFSC codes, MICR codes for all branches in India state wise including ... Exim Bank Federal Bank Fincare Small Finance Bank Fino Payments Bank Firstrand Bank G P Parsik Bank ...
Indian banks' net interest margins (NIMs) will likely decline by 10 basis points on average in 2025-26 due to the Reserve ...
Banks and fintech firms are awaiting subsidy payments from the government for promoting digital payments. Despite ...
"Microfinance in India has come a long way since its inception in the 1970s, offering millions of women a pathway out of ...
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