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 ...
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GST will not be applicable to gift vouchers and cards
Non-prepaid vouchers, which are neither prepaid instruments nor qualify as such but give the holder the right to certain ...
RBI flags risk to secured loans from slippages in smaller personal loans
The RBI noted that first defaults are predominantly observed in unsecured advances. Among borrowers at risk of default, ...
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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 ...
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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 ...
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 ...
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 ...
India Cards and Payments Market Report 2024: Regulatory Landscape, Opportunities and Risks to 2028
The "India Cards and Payments: Opportunities and Risks to 2028" report has been added to ResearchAndMarkets.com's offering.The report provides detailed analysis of market trends in the Indian cards ...