The RBI adopted multiple regulatory forbearance measures and ultra-loose monetary policy to counter economic headwinds. Now it has to work out an exit roadmap

Reserve Bank of India's Monetary Policy Committee decides to retain its 'accommodative' policy stance; projection of real GDP growth for 2021-22 is retained at 10.5%

The RBI is trying its best to keep the interest rates low to support the economic recovery and also facilitate government's huge borrowing plan in 2021-22

RBI should take cognisance of the situation and work together with sector representatives and government to eliminate the flaws and make the microfinance industry more vibrant

Reserve Bank has today communicated the applicable average base rate to be charged by Non-Banking Financial Company - Micro Finance Institutions (NBFC-MFIs) to their borrowers for the quarter beginning April 1, 2021, will be 7.81 per cent

There will be large banks having presence across the country and the world, mid-size banks present across the economy, small finance banks/regional rural banks/cooperatives to take care of the small borrowers and digital players, Das said

Policymakers and regulators have primarily facilitated the economic revival, and India's medium-term growth now hinges on a kickstart of the investment cycle.

Engineering giant L&T and technology majors Wipro and HCL Technologies have parked fund in HDFC Bank's consumer finance NBFC - HDB Financial Services

A symbiotic relationship between banks and digital NBFCs can lead the way towards a win-win situation for all

Banks' ability to transform themselves with speed and agility to survive the next revolution will determine the winners and losers

Digitisation and proposed ARC for bad loans and development financial institution will help the banking industry reboot. The 25th edition of the BT-KPMG Best Bank Study brings you future ready banks and Fintechs

As debt-laden distressed companies fall by the wayside, some cash-rich large companies are practically monopolising their sectors

Financial statements for December quarter imply that while business continues to remain sluggish, resulting in employment being stagnant or lower, companies continue to make record profits

The RBI in its Financial Stability Report, released last month, said GNPAs or gross non-performing assets of NBFCs increased to 6.3 per cent as of March 2020 from 5.3 per cent as of March 2019

RBI on Friday says, new investors who operate from jurisdictions not in compliance with the FATF must hold less than 20% of the voting power in NBFCs

In the financial year 2020-21, the Indian rupee (INR) has appreciated by 3.53 per cent till February 2, 2021, as per the information provided by Reserve Bank of India, Thakur said in a written reply to Rajya Sabha

The central bank in December cautioned the public against unauthorised digital lending platforms/apps and appealed to them to verify the antecedents of the service provider, the Union Minister further stated

Share of complaints from metro regions has gone up from 26 per cent three years ago to 50 per cent in 2019-20, whereas it has declined in urban areas from 50 per cent in 2017-18 to 22 per cent in 2019-20

18,000 odd branches which are outside the centralised clearing system called cheque truncation system will come under it by September, says Reserve Bank of India

There are dedicated ombudsman schemes devoted to consumer grievance redressal in banking, non-bank finance companies and digital transactions, respectively, at present