The RBI noted that first defaults are predominantly observed in unsecured advances. Among borrowers at risk of default, ...

Retail credit growth also slowed to 16.3% due to a decline in personal loans, credit card outstanding, and vehicle loans ...

RBI has enhanced the functionality of Prepaid Payment Instruments (PPIs) by allowing UPI payments through any third-party UPI ...

New Delhi/Bengaluru, Jan 1: In a significant move aimed at enhancing digital payments, the Reserve Bank of India (RBI) and ...

While it is often perceived that bank credit growth is a derivate of GDP growth, the fact is both are interlinked. If credit ...

The Reserve Bank of India approved HDFC Bank’s application for group entities to acquire not more than 9.5 per cent aggregate ...

The Reserve Bank of India has announced a new initiative to introduce a beneficiary account name look-up facility for RTGS ...

If you have a credit card and you are not able to use it, then you can close it. Apart from this, if any fraud is happening ...

Non-prepaid vouchers, which are neither prepaid instruments nor qualify as such but give the holder the right to certain ...

Nuvama, BofA, and Bernstein have provided positive outlooks for SBI Cards, Bajaj Finance, and HDFC Bank, respectively. Nuvama ...

The Reserve Bank of India RBI has highlighted that while household debt in India has been on the rise over the past three ...

Despite potential declines in aggregate capital ratios, the RBI assured that no bank would fall below the minimum capital ...