Business Standard
"Wilful defaulters or any entity with which a wilful defaulter is associated shall not be eligible for restructuring of credit facilities," the RBI sa
Last week, RBI proposed to tighten norms related to liquidity coverage ratio by increasing the run-off factor to 5 per cent for retail deposits
RBI has given different timelines to these entities, depending on their size, to set up compliance structures
The transaction between the two firms, structured in the form of pass-through certificates (PTC), will be backed by a pool of unsecured personal loans
Secured credit card comes against a FD of minimum Rs 5,000 ranging to Rs 25,000 with 90 per cent of the amount as the credit limit
The RBI on Tuesday said non-bank payment system operators will have to put in place a real-time fraud monitoring solution to identify suspicious trans
Revising all the traditional products according to the new surrender value norms and renegotiating terms with the distributors within the timeline is
QIP is a fund-raising tool for companies, through which they issue equities, or other equity convertible securities to qualified institutional buyers
ITR filing deadline: The income tax department, in a post on X, urged taxpayers to file ITR at the earliest to avoid last-minute rush
Public sector Indian Bank has targeted to recover about Rs 7,000 crore during the current financial year, a top official said on Tuesday. The bank ha
Spends made in a preceding calendar quarter will unlock access for the subsequent calendar quarter
These updates will impact various types of transactions and fees for credit card holders
The Union Budget 2024 introduced significant changes in the taxation of mutual funds, impacting both short-term and long-term capital gains.
Despite a challenging global economic backdrop, prime office rents have remained remarkably stable. This stability, coupled with a 50% surge in transa
Fake input tax credit (ITC) claims detection by central GST officers increased 51 per cent to Rs 36,374 crore in 2023-24, Parliament was informed on M
Says digitalisation has enhanced banks' efficiency and increased competition within the sector
The report said digitisation can also bring new risks and challenges for customer protection and financial stability
India is among 36 countries where the CBDC is currently in the pilot stage. RBI started the CBDC pilot during the end of 2022
The Reserve Bank of India (RBI) is planning a five-episode web series to provide an in-depth presentation about its functions and its 90-year journey.
They remain attractive for investors having higher risk appetite and longer horizon
