RBI feels that such perpetual lines of credit may encourage behaviour, which may be classified as evergreening of loans.

The RBI has imposed a cumulative monetary penalty of INR 76.60 Lakh on four NBFC-P2P lending platforms – Faircent, LEO1, ...

In September, the RBI had revealed that it had unearthed several irregular practices in the gold loan industry. The regulator ...

A lower risk weight will mean that lenders need to set aside less funds as a safety net for consumer loans, implying an ...

The Reserve Bank of India has partially reversed tighter rules for bank loans to small borrowers and non-bank lenders, ...

From April 1 to April 10, 2025, these branches must prepare separate scrolls for March 2025 residual transactions and April 2025 transactions, marking the former as “March Residual.” The transactions ...

Additionally, the RBI has facilitated the process by allowing the public to send their ₹2,000 banknotes via India Post from ...

The RBI's move to inject Rs 1.9 lakh crore has come as a big positive for banks, which is reflected in the rise in the stock ...

RBI withdraws ₹2000 banknotes, 98.18% returned, only ₹6,471 crore remains in circulation, deposit/exchange still available.

The RBI announced that 98.18% of Rs 2000 banknotes have returned to the banking system, with only Rs 6,471 crore still in ...

India's sovereign gold bonds were considered a gold standard in investing. But the well-intentioned scheme has been causing ...