![]() | Lessons from 2023—time to learn and unlearnThe RBI has acted in tandem with the government to maintain price stability. |
![]() | 'Proud' Sinner beats Djokovic twice in one day to send Italy into Davis Cup finalItaly, who won the trophy for the first and only time in 1976, will face 28-time winners Australia on Sunday. |
![]() | RBI suspends board of Abhyudaya Co-op BankAccording to a statement issued by the RBI, the above action is necessitated due to certain material concerns emanating from poor governance standards observed in the bank. |
![]() | Internationalise the rupee to arrest volatilityThe rupee is not fully convertible now and India should aim for it, as it would allow freer movement of investment. |
![]() | GDP growth likely to be around 7% in Q2: ExpertsProjection surpasses MPC’s estimations of 6.5% for same period |
![]() | 'Data shared with account aggregators safe', claims Finance Minister Nirmala SitharamanSitharaman also stressed upon the importance of prudent lending practices and adherence to core banking principles in the context of digital transformation. |
![]() | TMB shortlists three for MD & CEO’s postThe names of the shortlisted candidates are not known yet. |
![]() | Rupee sees lower volatility relative to peers: RBI Governor Shaktikanta DasHe says this is due to the strength of underlying macro-fundamentals of the economy and reassuring forex buffers |
![]() | Inflation remains a risk for Indian economy: Finance Ministry reportThe report said monitoring financial flows in external sector is crucial as they impact the value of the Indian rupee and the balance of payments. |
![]() | Why borrow with caution nowIn another development, the Reserve Bank of India has asked Bajaj Finance, a non-banking finance company, to stop offering loans under two digital lending products. |
![]() | Tightening unsecured loans a good moveUnsecured retail loans have been growing at over 20 per cent in many banks and NBFCs for a very long time. |
![]() | South India sees sharp surge in personal loan consumption, North and East lagsSouth India is leading in terms of personal loan growth, while Mumbai -- home to a large number of corporate headquarters -- leads in deposits |
![]() | ‘Banks will need capital as RBI hikes risk weight on loans’The impact of the circular is limited to consumer loans. Housing loans, education loans, vehicle loans, and loans secured by gold and gold jewellery do not fall under its purview. |
![]() | Not yet out of woods on inflation front: RBISays retail inflation reading of around 5% and 4.9% in September and October, respectively, is welcome relief |
![]() | RBI stops two digital loan products of Bajaj FinanceThe action was taken by the banking regulator due to non-adherence of the digital lending guidelines of RBI by the company. |
![]() | Salman Rushdie receives first-ever lifetime award for 'Disturbing the Peace'Only a handful of the attendees had advance notice about Rushdie, whose whereabouts have largely been withheld from the public since he was stabbed repeatedly in 2022 during a literary festival. |
![]() | Fintech lending to youth rises 100 times in 2015-21Borrowings mainly for personal-use products, less for big-ticket buys |
![]() | Foreign funding case only to harass, RBI says not violated any law: NewsClick to HCChallenging the Economic Offences Wing (EOW) FIR and the subsequent ED-registered money laundering case, the media outlet asserted it has not violated any guidelines or norms governing FDI. |
![]() | Double-digit retail loan growth for SBI, BoB in Q2As per latest available data SBI’s market share in home loans is 27.4% and in auto loans is 19.3%. |
![]() | Odisha: IT lens on exchange of Rs 2,000 notes in RBI officeIt has come to the department’s notice that several people are exchanging Rs 2,000 denomination notes. |
