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The $100-mn West Asia nightmare giving sleepless nights to HDFC Bank's NRI customers

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... और पढ़ें


RBI board rejig cuts strength to 11; Somanath, Mahindra appointed

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... और पढ़ें


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