Fintech startups like EnKash and PayMate are adapting to RBI's card payment ban by using the Bharat Connect platform, ...
Stress in secured loans reflects lingering concerns even after the central bank cracked down on unsecured lending frenzy ...
The Reserve Bank of India (RBI) is conducting tests of an ‘On Tap’ retail payment application within its Regulatory Sandbox (RS), marking a significant development in India’s digital payment ...
India's banking system is strong, but faces challenges. Regulatory changes in liquidity coverage ratio, project finance, and expected credit loss norms could strain liquidity and increase costs. Banks ...
Of this, the intent for fund-raising through the automatic route amounted to $6.23 billion, while that via the approval route ...
The 25 basis point (bps) rate cut was met with nervousness as the markets fell on Friday. Indian 10-year benchmark bond yields spiked after the rate cut was announced. Yields spike when bond prices ...
While the rate cut may bring some relief to borrowers in near future, fixed deposit investors are bound to get lower returns ...
Gold loan non-performing assets (NPAs) in commercial banks have surged by 62%, rising from Rs1,513 crore in March 2024 to Rs2,445 crore in June 2024, says the Union government.
SDF is a tool to absorb liquidity from commercial banks without giving government securities in return. It replaced the ...
The Reserve Bank of India (RBI) recently cut the repo rate by 25 basis points to 6.25%, influenced by a decline in GDP growth ...
External commercial borrowings by Indian corporations rose to $9.54 billion in December, sharply higher than $5.07 billion in ...
The Reserve Bank of India (RBI) has approved the voluntary amalgamation of two urban cooperative banks (UCBs).
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