For the average borrower, the idea of a credit report often carries an air of complexity. Many only encounter it when applying for a loan, usually at a critical juncture, like financing a home, ...
Mint Explainer | RBI unveils draft norms for bank M&A financing: What it means for corporate buyouts
The Reserve Bank of India (RBI) has proposed a new framework to regulate how banks fund mergers and acquisitions (M&As), bringing acquisition financing under stricter prudential norms. The draft ...
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RBI Deputy Governor acknowledges critical role of MSME sector in Indias economic growth
Mumbai, Oct. 27 -- Reserve Bank of India (RBI) has announced that 30th Meeting of the Standing Advisory Committee (SAC) to review the flow of credit to the Micro, Small and Medium Enterprises (MSME) ...
Private sector banks continue to dominate in the credit card space in India, focusing on digital and co-branded offerings for customers, as their market share increased from 65.8 per cent in June 2020 ...
The Reserve Bank of India (RBI) has, in the last two years, taken stricter action against some of the cooperative banks. These have ranged from withdrawal restrictions or change in management. These ...
All it took was a classic bout of haven buying to wake up a slumbering Treasuries market and drive benchmark yields to the lowest in months. At a time when the US government shutdown has delayed key ...
Social media spats are common these days, but when they involve the country's two key financial institutions, it becomes a rare occurrence. It all started when a member of RBI's monetary policy wing ...
Tuesday will mark the 51st anniversary of a major victory in the struggle for women's equality. The Equal Credit Opportunity Act of 1974 formally outlawed discrimination against women in the extension ...
New framework links risk weights to credit quality, loan-to-value ratios and project stages; expected to have limited near-term impact on banking capital, says CareEdge Ratings The Reserve Bank of ...
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