The increasing adoption of digital transactions is evident in the robust growth of India's real-time payments system, Unified ...
The Reserve Bank of India suggests that there is potential for banks to increase their lending as India's credit-to-GDP ratio is below the optimal threshold. Higher credit growth can support economic ...
The discussions, held ahead of the Union budget to be presented on 1 February, come at a crucial time for India’s economy, ...
At the same time, banks resorted to borrowings at higher interest rates and increased deposit rates to bridge the ...
RBI report highlights concerns over high employee attrition rates, dark patterns, top-up loans, and improving bank asset quality.
The Supreme Court has ruled that banks can legally charge interest rates exceeding 30% on credit card dues, overriding a ...
RBI may tighten regulations on top-up loans to mitigate risks, including treating loans against movable assets as unsecured.
RBI report highlights Indian banking sector's resilience, profitability, and digitalization progress, while cautioning ...
The Supreme Court has allowed banks to charge over 30% interest on credit card dues, overturning a 2008 National Consumer ...