RBI Maintains Status Quo, Retains Repo Rate at 6.5%

The Reserve Bank of India’s (RBI’s) Monetary Policy Committee (MPC) has retained…

Credit Schemes Drive Credit Card Spend

The unsecured personal loans have highlighted a rise of 23% on year,…

Lending Rates Spike Faster than Deposit Rates in October ’2023: RBI

The bank lending rates witnessed an uptick sequentially at a faster pace…

S&P Global Ratings Report: India’s FY24 GDP Growth Rate Remains Robust

S&P Global Ratings has raised its forecast for India’s Gross Domestic Product…

SEBI Mulls Changes to Special Situation Funds to Aid AIFs to Buy Stressed Assets

The market regulator, the Securities and Exchange Board of India (SEBI), has…

NBFC Body Urges RBI to Re-Evaluate Risk Weights on Unsecured Loans

Finance Industry Development Council (FIDC), a representative body of Non-Banking Financial Companies…

RBI Tightens Rules for Personal Loans, Credit Cards

The Reserve Bank of India (RBI) has raised risk weight by 25%…

An Eye on Debt Market in October 2023

The Government Securities (G-Secs) yields witnessed a sharp jump after the Monetary…
RBI

IT Governance: RBI’s New Directions to Banks, NBFCs Effective from April ’24

The Reserve Bank of India (RBI) has issued a new comprehensive master…

EMIs to Rise as Banks Raise Lending Rates

With major private banks raising their marginal cost-based lending rates (MCLR),  this…