New Delhi, June 9 -- On 6 June the Reserve Bank of India released its final guidelines on loans against gold and silver collateral. Based on feedback from the industry and the government's department... Read More
Mumbai, June 7 -- The Reserve Bank of India (RBI) will ease key provisions in its proposed gold loan framework-raising the loan-to-value (LTV) ratio and exempting small-ticket borrowers from credit ap... Read More
Mumbai, June 6 -- The Reserve Bank of India (RBI) will ease key provisions in its proposed gold loan framework-raising the loan-to-value (LTV) ratio and exempting small-ticket borrowers from credit ap... Read More
Mumbai, June 1 -- Fintech companies and digital lenders are seeking easier provisioning norms for loan pools backed by their guarantees, even as the central bank has flagged inadequate provisioning fo... Read More
Mumbai, May 27 -- Life Insurance Corporation of India's board will decide on the proposed stake purchase in a health insurer in the next two to three months. "The discussion is almost at a final stag... Read More
Mumbai, May 27 -- India's decision to establish a new regulatory board with government representation reflects the desire to manage and control the critical digital public infrastructure, including th... Read More
Mumbai, May 22 -- Public sector banks have been gaining market share over their private sector peers in mortgage or home loans, thanks to an aggressive push in tier-3 cities and beyond, and as private... Read More
New Delhi, May 20 -- Banks, non-bank lenders and financial institutions may get to invest up to 10% in the corpus of alternate investment fund (AIF) schemes, in a relief for the sector that faced a ce... Read More
Mumbai, May 14 -- After grappling with slower growth and elevated non-performing assets (NPAs) in its commercial loan portfolio, PNB Housing Finance is shifting its focus to profitability and margin m... Read More
New Delhi, May 10 -- The Reserve Bank of India on 8 May issued consolidated 'digital lending directions' with two new sets of instructions-one for arrangements by digital lenders or lending service pr... Read More