Overall bank credit growth had slowed to 7.7 percent, a clear reflection of the impact of higher lending rates stemming from ...

New Delhi: The Reserve Bank of India (RBI)’s high and unchanged ... that the repo rate has failed to control even the factor that it can directly impact—credit offtake. The data shows that ...

New Delhi [India], January 29 (ANI): The Reserve Bank of India (RBI) should take further measures ... The report said the gap between the credit and the deposit growth in the Indian banks has ...

The RBI on Monday came out with a master direction consolidating various instructions issued to banks and other financial institutions on reporting of the credit information of their customers.

With effect from January 1, 2019, the RBI has mandated the use of only EMV Chip and PIN-based debit and credit cards. Also, the scope of UPI was expanded by permitting linkage of RuPay credit card ...

Some large Indian lenders’ earnings have been more robust. Kotak Mahindra Bank’s shares jumped more than 9 per cent on Monday after it posted a 10 per cent rise in quarterly profit, even as money set ...

Mumbai (Maharashtra) [India], January 27 (ANI): RBI Governor Sanjay Malhotra held ... enhance the availability and affordability of credit, strengthen customer service and grievance redress ...

The RBI has rejected the request of banks to include their existing cash reserve ratios to estimate HQLAs. According to treasury officials of banks, this would in effect mean over Rs 4 lakh crore ...

The uncertain external environment and little luxury of leeway on all fronts puts India’s fiscal and monetary policy makers ...

The number of credit card transactions in the country more than doubled from 208.67 crore in 2019 to 447.23 crore in 2024 according to the Reserve Bank of India’s (RBI) Half Yearly Payment ...