Penalties surge as RBI cracks the whip on lenders
The Reserve Bank of India (RBI) significantly increased enforcement of penalties on banks in FY24, with public sector banks ...
Rbi Credit Information
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RBI introduces new credit report rules: Know how it will affect your credit score
The Reserve Bank of India has updated the rules for credit report updates. Under the new rule, each individual's credit score ...
'RBI Seems Especially Soft On Axis Bank': Senior Business Journalist Sucheta Dalal Accuses Central Bank Of Not Doing Its Job
The RBI, or the Reserve Bank of India, is at the centre of the monetary policies of the world's fifth-largest economy, that ...
SBI Cards shares rise as two brokerages see potential bullish triggers
Nomura expects credit cost to be about 9% in FY25F, while Nuvama upgraded SBI Cards share price target to Rs 850, an upside of 14% ...
The Week7d
RBI approves HDFC Bank to invest in Kotak Mahindra Bank and others
The Reserve Bank of India approved HDFC Bank’s application for group entities to acquire not more than 9.5 per cent aggregate ...
SBI Card share price surges 5% on rating upgrades from Nomura, Nuvama
SBI Card shares rose 5% on January 6 after brokerages Nomura and Nuvama upgraded the stock to ’buy’. Nomura set a target ...
India Today on MSN7d
GST on vouchers and gift cards: All you need to know
Gift vouchers are exempt from GST, but commissions and services linked to them remain taxable under GST rules.
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RBI Mandates Account Name Verification for RTGS and NEFT Transfers by 2025
FaceTec ’s patented, industry-leading 3D Face Verification and Reverification software anchors digital identity, creating a chain of trust from user onboarding to ongoing authentication on all modern ...
Credit growth to NBFCs declines to 7.8% in November, shows RBI data
Retail credit growth also slowed to 16.3% due to a decline in personal loans, credit card outstanding, and vehicle loans ...