RBI proposes internal ceilings on how much small borrowers pay on loans

Mumbai, Aug. 12 -- The Reserve Bank of India (RBI) proposed changes to how banks and non-banks calculate interest rates, saying that lenders should cap costs for small loans taken by borrowers and mic... और पढ़ें

Less than 5% of Tata Capital book in revolving credit, says CEO Sabharwal

New Delhi, Aug. 11 -- Less than 5% of Tata Capital Ltd's loan book comprises revolving credit, chief executive Rajiv Sabharwal said on Tuesday, limiting the direct impact of the Reserve Bank of India'... और पढ़ें

Bankers brace for upfront cost on ATM cassettes as RBI pushes polymer notes

New Delhi, Aug. 11 -- The Reserve Bank of India's (RBI) plan to introduce polymer notes will entail significant costs because cassettes that hold cash in ATMs will have to be replaced, a senior offici... और पढ़ें

RBI plan to curb NBFC revolving credit rattles markets

Mumbai, Aug. 8 -- A Reserve Bank of India (RBI) proposal to bar non-bank financiers from issuing revolving credit products has investors running for cover, with shares of Bajaj Finance Ltd tanking nea... और पढ़ें

RBI proposal to curb NBFC revolving credit rattles markets

Mumbai, Aug. 8 -- A Reserve Bank of India (RBI) proposal to bar non-bank financiers from issuing revolving credit products has investors running for cover, with shares of Bajaj Finance Ltd tanking nea... और पढ़ें

RBI sweetens NRI deposit nudge for banks

Mumbai, Aug. 7 -- In a fresh incentive for banks to attract foreign currency deposits from overseas Indians, the Reserve Bank of India (RBI) on Friday exempted rupee loans against fresh and renewed fo... और पढ़ें

RBI proposal to curb NBFC revolving credit rattles markets

Mumbai, Aug. 7 -- A Reserve Bank of India (RBI) proposal to bar non-bank financiers from issuing revolving credit products has investors running for cover, with shares of Bajaj Finance Ltd tanking ove... और पढ़ें

RBI defers loan recovery norms till Jan as lenders seek more time

New Delhi, Aug. 6 -- The Reserve Bank of India (RBI) has agreed to the industry's request to defer the implementation of its guidelines on the conduct of regulated entities in loan recovery and engage... और पढ़ें

Luxury cars, watches and fake bank accounts: Inside the Rs.107-crore Panchkula fraud

New Delhi, Aug. 6 -- A former Kotak Mahindra Bank executive allegedly diverted more than Rs.107 crore belonging to the Municipal Corporation of Panchkula into unauthorized bank accounts before using t... और पढ़ें

RBI keeps repo rate unchanged at 5.25%

Mumbai, Aug. 5 -- The Reserve Bank of India's (RBI) rate-setting panel on Wednesday decided to keep the key policy rate unchanged at 5.25% for the fourth straight meeting. Sticking to its 'neutral' p... और पढ़ें

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