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RBI

Banks' asset quality to improve further over next 12 months: RBI report

Finance

28 December, 2023

Banks' asset quality to improve further over next 12 months: RBI report

The health of the Indian financial system is steadily improving and banks' asset quality is expected to improve further over the ......

Piramal Enterprises to provision for AIF exposure as RBI tightens rules

Finance

21 December, 2023

Piramal Enterprises to provision for AIF exposure as RBI tightens rules

India's Piramal Enterprises said on Thursday that it will set aside provisions for certain exposures to investments in alternate investment ......

RBI imposes curbs on banks, NBFCs' investments in private credit funds, other AIFs

Finance

19 December, 2023

RBI imposes curbs on banks, NBFCs' investments in private credit funds, other AIFs

The Reserve Bank of India Tuesday imposed restrictions on banks and non-banking finance companies (NBFCs) from investing in private credit ......

RBI keeps repo rate unchanged as focus on inflation remains

Economy

08 December, 2023

RBI keeps repo rate unchanged as focus on inflation remains

The Indian central bank's key lending rate was held steady on Friday with inflation control remaining a major focus amid ......

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 banking and ......

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) being used to mask ......

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 violations and misleading sales ......

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 (AIFs) allegedly being ......

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 Payments Bank ......

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 ......