Reserve Bank of India
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BUSINESS
Applications from qualified small finance banks to become regular banks are being accepted by the Reserve Bank of India
The Reserve Bank of India opened applications for regular or universal bank status on Friday to small financing institutions that…
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BUSINESS
RBI action against Kotak Mahindra Bank might limit profitability and loan growth: S&P
The RBI’s regulatory action against Kotak Mahindra Bank, according to S&P Global Ratings on Friday, may limit the lender’s capacity…
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BUSINESS
The RBI publishes draft guidelines for lending service providers to aggregate loan products
Draft guidelines for the aggregation of loan products by lending service providers (LSPs) have been made public by the Reserve…
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BUSINESS
If small financial banks fulfill the requirements, they may become members of Big League. Bank Reserve
Small financing banks (SFBs) have been informed that, upon meeting the necessary requirements, they may become universal banks.
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BUSINESS
Forex Kitty drops to $640.33 billion from $2.28 billion
For the seven days ended April 19, the nation’s foreign exchange reserves fell by $2.282 billion to $640.334 billion, marking…
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BUSINESS
For the second week in a row, forex reserves ease
Mumbai: For the seven days that ended on April 19, India’s foreign exchange reserves fell by $2.282 billion to $640.334…
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BUSINESS
RBI prohibition poses a significant risk to Kotak Bank
Delhi, New: The RBI’s regulatory action against Kotak Mahindra Bank, according to S&P Global Ratings on Friday, may limit the…
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BUSINESS
RBI establishes guidelines for online lenders
In order to guarantee that customers get a fair and transparent transaction, the Reserve Bank of India has revised its…
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BUSINESS
Allotted 1:1 Bonus Shares: NBFC Below Rs 75 Declares 10% Dividend Payout, Resulting in 91% Increase in FY24 PAT
Paisalo Digital, an NBFC, has returned with another incentive after recently awarding 1:1 bonus shares to its investors. 10% of…
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BUSINESS
The RBI warns about the use of prepaid payment cards by unauthorized organizations
On Thursday, the Reserve Bank of India (RBI) issued a warning to the public about prepaid payment instruments that have…
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