RBI Maintains Status Quo On Repo & Reverse Repo Rates

RBI governor Shaktikanta Das said the GDP growth is projected at 10.5 per cent for the next fiscal

Debarghya Sil

RBI To Explore the Need For Digital Currency

While releasing a booklet, the central bank noted that private digital currencies/virtual currencies/cryptocurrencies have gained popularity in recent years

Debarghya Sil

RBI Bars HDFC Bank From Acquiring New Credit Card Customers, Digital Launches

These strictures come on the back of several instances of technical glitches and outages on internet banking, mobile banking over the last two years

Shipra Singh

Corporates As Bankers: Not a Bankable Idea

RBI has moved beyond the normal terms on promoters' eligibility and net worth and has set a minimum threshold on assets requirement and operational record

RBI Slaps Penalty Amounting to INR 5.78 Cr on Muthoot Finance, PhonePe, 4 Others for Violating Regulatory Norms

Sodexo, QwikCilver, Punjab National Bank Ltd (PNB) and Delhi Metro Rail Corporation Ltd (DMRC) are the other four entities to be fined for violating regulatory norms

Shipra Singh

Lendingkart First to Launch Co-Lending Scheme In Partnership With Banks Post RBI's Revised Guidelines

Lendingkart has launched a co-lending software-as-a-service (SaaS) platform Lendingkart 2ghtr, for banks and non-banking financial institutions (NBFCs)

Shipra Singh

India's GDP Expected to Shrink 9.5% for FY21, But Silver Linings Already Visible: RBI

RBI governor Shaktikanta Das at the central bank's MPC meeting announced a range of measures to support the economy in emerging from the impact of the Covid-19 pandemic

Shipra Singh

How ML-Driven Early Warning Systems Help Lenders Monitor MSMEs

The technology itself has evolved over the past decade to cater to the processing of structured and unstructured data at scale by leveraging ML-driven technology

Meghna Suryakumar

COVID-19 Threw Away Our Traditional Wisdom: Dr. Viral V. Acharya

Reserve Bank of India's former deputy governor and Indian economist talks about the role of micro entrepreneurs in nation building and how financial institutions can play a crucial role, especially during the pandemic

RBI Keeps Interest Rates Unchanged, Proposes More Measures to Fight Covid-19

The central bank has slashed interest rates by 115 basis points (bps) since the beginning of this year, bringing it to the lowest level since 2000. Repo rate was last cut in an off-cycle policy review in May

Shipra Singh

Covid-19 Lockdown: RBI puts off EMIs, Slashes Interest Rates

RBI has not only cut its benchmark repo rate by 70 basis points but also slashed cash reserve ratio by 100 basis points

Shipra Singh

Three-Month Loan Moratorium: Not a Waiver, May Not Benefit All Borrowers

Opposed to prima facie benefits of the three-month loan moratorium announced by the RBI, finer details reveal its a costly proposition

Shipra Singh