Economic Survey 2025 pins steep interest rates and RBI's curbs on unsecured loans for moderation in credit growth
Overall bank credit growth had slowed to 7.7 percent, a clear reflection of the impact of higher lending rates stemming from ...
Republic Business on MSN5mon
RBI’s new credit reporting rules: What borrowers and lenders need to know
RBI’s new credit reporting rules ... score and increase the likelihood of loan rejection. Keep your credit limit under ...
RBI’s liquidity measures increases February rate cut hopes
On January 27, the central bank announced steps to inject liquidity in the banking system, including a Rs 60,000 crore of OMO ...
Mint2d
Widened gap between credit and deposit requires further liquidity boost by RBI: Report
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 ...
NDTV25d
RBI Consolidates Instruction On Credit Information Of Customers
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.
Asian News International4d
RBI governor asks banks to continue financial stability, deepen financial inclusion, ensure affordable credit
Mumbai (Maharashtra) [India], January 27 (ANI): RBI Governor Sanjay Malhotra held ... enhance the availability and affordability of credit, strengthen customer service and grievance redress ...
Hosted on MSN1mon
RBI’s high interest rate failed at its only job: to slow credit growth. Something else finally did it
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 ...
MediaNama25d
RBI Mandates Stricter Norms for Credit Information Sharing for Specified Users, But Not Third Party Entities
The Reserve Bank of India (RBI) has issued a master direction mandating that Credit Information Companies ... establish “robust due diligence and control mechanisms”. This involves entering ...
NDTV3d
Number Of Credit Cards More Than Doubled In 5 Years: RBI
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 ...
Profits at Indian banks dented as RBI curbs retail loans
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 ...
MediaNama3d
Online Spending Drove Growth in Credit Card Transactions in 2024: RBI Half-Yearly Report
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 ...
The Tribune2d
Widened gap between credit and deposit requires further liquidity boost by RBI: Report
The Reserve Bank of India (RBI) should take further measures to boost liquidity says a report by the Union Bank of India. The Tribune, now published from Chandigarh, started publication on ...