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 ...

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.

Reserve Bank of India data showed that bank fraud cases have risen 27 per cent year-on-year to a total of 18,461 cases in the ...

NBFCs also secured funds from foreign sources, mainly through external commercial borrowings (ECBs) and issuance of debentures.

The slippage ratio, which measures new accretions to NPAs as a share of standard advances at the beginning of the year, also ...

The committee will also try to identify potential risks associated with AI and a framework to evaluate and monitor the use of ...

The Reserve Bank of India (RBI) has announced that it has constituted a committee to develop a Framework for Responsible and Ethical Enablement of Artificial Intelligence (FREE-AI) in the Financial ...

Madhya Pradesh High Court has stayed the Dec 31 AGM of Religare Enterprises Ltd, amidst a dispute between Chairperson Rashmi ...