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Banks, NBFCs ask fintech firms to limit tiny personal loans amid RBI scrutiny

Finance

07 December, 2023

Banks, NBFCs ask fintech firms to limit tiny personal loans amid RBI scrutiny

Top Indian banks and non-bank lenders have asked their fintech partners to curtail issuing tiny personal loans, three ......

Indian regulators raise red flags over misuse of AIFs to mask bad loans

Economy

06 December, 2023

Indian regulators raise red flags over misuse of AIFs to mask bad loans

India's market regulator and its central bank share concerns over instances of alternate investment funds (AIFs) ......

RBI cracks down on P2P lenders for rule violations, misleading practices

Finance

05 December, 2023

RBI cracks down on P2P lenders for rule violations, misleading practices

India's central bank has told peer-to-peer lending platforms to halt certain activities after inspections found rule......

SEBI, RBI probing some AIFs alleging 'evergreening' of NPAs

Economy

17 October, 2023

SEBI, RBI probing some AIFs alleging 'evergreening' of NPAs

India's markets regulator and its central bank are investigating about a dozen cases of alternate investment funds (......

RBI imposes $600,000 penalty on Paytm Payments Bank

Finance

12 October, 2023

RBI imposes $600,000 penalty on Paytm Payments Bank

India's central bank said on Thursday it has imposed a penalty of 53.9 million rupees ($647,762.58) on Paytm ......

RBI keeps repo rate unchanged, says inflation outlook clouded

Economy

06 October, 2023

RBI keeps repo rate unchanged, says inflation outlook clouded

The Reserve Bank of India's key lending rate was held steady at a fourth consecutive policy meeting on Friday, as ......

RBI allows infra debt funds to raise money via foreign loan route

Infrastructure

18 August, 2023

RBI allows infra debt funds to raise money via foreign loan route

The Reserve Bank of India (RBI) on Friday said it has allowed infrastructure debt fund non-banking financial companies (......

RBI holds repo rate steady for third time in a row

Economy

10 August, 2023

RBI holds repo rate steady for third time in a row

The Reserve Bank of India's key lending rate was held steady for a third straight policy meeting on Thursday, as ......

RBI to permit default loss guarantee arrangements in digital lending

Finance

09 June, 2023

RBI to permit default loss guarantee arrangements in digital lending

The Reserve Bank of India (RBI) will put in place a regulatory framework to permit default loss guarantee arrangements ......

RBI holds repo rate for second straight meet

Economy

08 June, 2023

RBI holds repo rate for second straight meet

India's central bank kept its key lending rate steady for a second straight policy meeting on Thursday, as widely ......

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