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 ...

By simplifying cross-border share swaps and allowing for more flexible equity exchanges between Indian and foreign entities, the recent amendment to India’s FEMA Rules, 2019 creates a more favourable ...

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.

The Supreme Court has allowed banks to charge over 30% interest on credit card dues, overturning a 2008 National Consumer ...

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.

A Bench of Justices Bela M Trivedi and Satish Chandra Sharma last week held that the interest rate charged by banks could not ...

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