RBI data: Bank credit growth hits 9 year high at 15.5 per cent
Commercial bank credit growth reached a nearly nine-year high for the week ending August 26 at a rate of 15.5…
10 SEP 2022
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RBI tightens restriction on defaulter co-operative banks
Two years ago, the government increased the Reserve Bank of India’s (RBI) jurisdiction to supervise cooperative banks. Since then, the…
07 SEP 2022
ICICI Bank to raise 10,000 crore to maintain CRR and SLR
ICICI Bank could raise upto Rs 10,000 crore through infrastructure bonds for project financing and affordable housing. These long-term bonds…
05 SEP 2022
Finance ministry to assess PSB performance and credit disbursement
The finance ministry met with the heads of state-run banks on Tuesday to review the lenders’ credit disbursement and overall…
31 AUG 2022
RBI study: Listed SMEs have higher profitability ratios and higher return on assets, but lower liquidity
According to research conducted by the Reserve Bank of India (RBI), the firms listed in the small and medium enterprise…
17 AUG 2022
RBI issues strict norms for digital loans
The Reserve Bank of India (RBI) said in its long-awaited rules for the segment, announced on Wednesday, that all digital…
12 AUG 2022
RBI levies monetary policies on eight banks
The Reserve Bank of India (RBI) has levied monetary penalties on eight Indian banks. Chhattisgarh Rajya Sahakari Bank, The Goa…
09 AUG 2022
Home loans to increase as RBI hikes repo rate by 50 basis points
The Reserve Bank of India has increased the repo rate by 50 basis points to 5.5 per cent, as inflation…
05 AUG 2022
The authorisations issued should be followed by fintechs: RBI Governor Das
Digital lending firms should operate under the licenses given to them, said Shaktikanta Das, Governor of the Reserve Bank of…
26 JUL 2022
Razorpay gets payment aggregator license from RBI
Razorpay, one of the fastest-growing fintech companies, has recently received Payment Aggregator (PA) preliminary clearance license in India from the…
13 JUL 2022
