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UGRO Capital to remain unaffected after RBI tighten norms
Updated : 2 years, 3 months ago IST
New Delhi [India], November 22: After the Reserve Bank of India (RBI) tightened norms for consumer credit, the DataTech driven dedicated MSME lender UGRO Capital said that with its diversified lender base, strong co- lending partnerships and focus on priority sector led MSME, they do not exp
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RBI imposes monetary penalty on Sangli Sahakari Bank Limited, Mumbai
Updated : 2 years, 4 months ago IST
The penalty has been imposed in the exercise of powers conferred on RBI under the provisions of the Banking Regulation Act, 1949
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RBI's regulatory move: S&P Global Ratings forecasts 60 basis points de
Updated : 2 years, 4 months ago IST
According to S&P Global Ratings, these actions include a substantial increase in risk weights on unsecured personal loans, credit cards, and loans to nonbank finance companies (NBFCs), aiming to curb riskier lending practices and bolster overall financial stability.
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RBI bulletin unveils economic insights: Global slowdown, monetary expectat
Updated : 2 years, 4 months ago IST
According to the RBI bulletin, the Global economy shows signs of a slowdown, with manufacturing lagging and services sector growth reaching a plateau.
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RBI orders Bajaj Finance to stop disbursing loans via 'eCOM' and 'Insta EM
Updated : 2 years, 4 months ago IST
In a statement, the RBI said the company did not adhere to the digital lending guidelines under these two lending products.
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Indian stocks firm after US reports softer-than-expected inflation
Updated : 2 years, 4 months ago IST
Indian stocks were off to a positive start Wednesday, tracking firm overnight cues from the US markets after softer-than-expected US inflation data supported the view that its central bank may be done raising interest rates.
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Meghalaya gears up to host Shillong Cherry Blossom Festival 2023
Updated : 2 years, 4 months ago IST
The stage is set for Meghalaya to host the Shillong Cherry Blossom Festival 2023, as the streets and lanes of this picturesque hill station are draped with pink and white cherry blossom trees.
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Russia: Convicted killer of Putin's critic pardoned after fighting against
Updated : 2 years, 4 months ago IST
Sergei Khadzhikurbanov, a convicted killer of Russian journalist Anna Politkovskaya, was pardoned by President Vladimir Putin after he fought for the Russian army in Ukraine, the Moscow Times reported, citing RBC news website on Tuesday.
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Children from various schools, organisations meet President on Children's
Updated : 2 years, 4 months ago IST
On the occasion of Children's Day, Children from various schools and organisations met the President of India, Droupadi Murmu, at Rashtrapati Bhavan Cultural Centre (RBCC) on Tuesday. The President also advised the children to adopt the habit of reading books that will bring positive changes
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"India has become new engine of global growth with young demography" says
Updated : 2 years, 4 months ago IST
Das said, "The global economy continues to face multiple macroeconomic and geopolitical shocks. The prediction of a global recession has not come true but there are indications that global growth is slowing down amid tightening financial conditions and still elevated inflation. Even as the f
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Long queue outside RBI Chandigarh branch to deposit, exchange Rs 2,000 not
Updated : 2 years, 4 months ago IST
After commercial banks stopped accepting Rs 2000 banknotes, people have now started lining up in 19 offices of the Reserve Bank of India (RBI) to exchange their high-denomination notes.
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Rush to exchange Rs 2,000 currency notes: ED, EOW starts investigations fo
Updated : 2 years, 4 months ago IST
During the last three days, a large number of people gathered in front of the RBI office in Bhubaneswar to exchange Rs 2000 currency notes.
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