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1 min read
RBI tightens norms on personal loans for banks, NBFCs
The Reserve Bank on Thursday tightened norms for unsecured personal loans for banks and non-banking…
PTI
2 mins read
Higher risk weight on unsecured bank loans credit positive: Moody's
Higher risk weight on unsecured bank loans credit positive: Moody's. The RBI's decision to tighten …
PTI
2 mins read
HDFC bank sees muted quarterly business; share drops 4.15% during trade today
Anticipating that HDFC Bank's foreign inclusion factor to increase from 50% to 100% in the MSCI Ind…
3 mins read
Retail trumps corporate lending as small-ticket loans see fourfold jump in past two years
Personal loans are on the rise. The month of December has seen the category in lending-verse amass …
2 mins read
RBI governor asks realty companies to stress test their books
The governor of Reserve Bank of India (RBI) Shatikanta Das said on Wednesday that the recent measur…
7 mins read
The dark truth behind RBI’s crackdown on easy personal loans
The Reserve Bank of India tightened capital norms for lenders disbursing unsecured loans to unsuspe…
2 mins read
RBI to come up with unified regulatory framework on connected lending
The Reserve Bank of India (RBI) said on Friday that it will come up with a unified regulatory frame…
2 mins read
We’d like to curtail consumption-led loans with no clear end use: RBI Dy Governor
“The loans in the under ₹50,000 segments is less than half a percent of total outstanding. The…
4 mins read
Looking for a home loan of ₹75 lakh or above? The RBI rate hike pause might not bring you relief
The Reserve Bank of India has revised the risk weights for individual housing loans, which could re…
1 min read
RBI has opened a pipeline of funds for startups, home buyers and green power producers too
The Reserve Bank of India has announced that it has brought in startups under the purview of Priori…
1 min read
Why was RCom’s downgrade delayed, asks SEBI
In a meeting with rating agencies, RBI brought up the subject on rating of bank loans to …
2 mins read
Droom Launches Droom Credit – A Facility to get Auto Loan for Used Automobiles
A proprietary algorithm-based credit risk management engine is used to power this consumer cred…
3 mins read
6 things about CIBIL every young adult should know
First, you need to know the components of the CIBIL score and the weightage they carry. · T…
4 mins read
RBI leaves repo rate unchanged. What does this mean for you?
This is a good time to invest in high-yield fixed deposits and other debt instruments. That's becau…
2 mins read
Telangana urges 16th Finance Commission to increase states' share in Central taxes to 50%
He, however, said it is not just a demand for Telangana but for all states, ensuring a more coopera…
PTI
2 mins read
Don’t need to raise more capital immediately, says Axis Bank’s CEO Amitabh Chaudhry
Axis Bank will not need to raise more capital after the Reserve Bank of India mandated banks to inc…
4 mins read
RBI expects India’s GDP to grow at 7% in FY24; keeps repo rate unchanged
The Reserve Bank of India (RBI)’s Monetary Policy Committee unanimously decided to keep the repo ra…
3 mins read
Time to hang my boots says Deepak Parekh in his last letter to HDFC shareholders
HDFC Chairman Deepak Parekh expressed confidence that the reverse merger between HDFC Bank and its …
PTI
6 mins read
These five stocks make up for half of Nomura's model portfolio
Small investors can take cues from the likes of global investment firm Nomura's model portfolio,…
3 mins read
An end to the spat between the RBI and the government could be in sight as the board of the central bank prepares to meet next week
After initially refusing to loosen restrictions under the framework, it appears that the RBI m…