New Delhi, Aug. 24 -- A group of 70 investors has come together to complain of shortcomings in how HDFC Bank, India's biggest private lender by assets, sold them a high-yielding financial product, mar... Read More
Mumbai, Aug. 20 -- The Centre has changed the composition of the Reserve Bank of India's board of directors, reducing its strength to 11 from 15 earlier. The government has appointed former Indian Sp... Read More
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... Read More
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'... Read More
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... Read More
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... Read More
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... Read More
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... Read More
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... Read More
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... Read More