Extreme weather conditions and volatile price of crude oil could rush the risk of facing inflation, not only this, the prolonged geopolitical tension
RBI Governor asks domestic banks to do their part in global market with due diligence
Soon, PPI wallet holders on platforms like MobiKwik, Google Pay, PhonePe and Amazon Pay will be able to link their wallets to other third-party UPI ap
Interestingly, in its Trends and Progress report for 2022-23, the RBI has said that the consolidated balance sheet of SFBs expanded at a pace faster t
On the topic of containing risks from pro-cyclical credit growth, the deputy governor said runaway credit growth coupled with lax credit discipline, o
Banks are likely to seek more more verification from individuals who have multiple accounts opened with different documents
Notably, Paytm is expected to comply with the orders, and expects a worse-case impact of anywhere between Rs 300-500 crores in EBTIDA.
As per data from the Finance Ministry, home loans have consistently registered double digit growths since May 2021. Even vehicle loans have been growi
A recent RBI bulletin highlighted that the long-term financial damage of going back to OPS far outweighs the short-term lure of OPS
As per RBI data, household debt stood at 37.6% of India’s GDP, as opposed to constituting 36.9% of the country’s GDP in FY 22