The Reserve Bank of India (RBI) has issued a comprehensive framework to curb harassment by loan recovery agents, effective January 1, 2027. Banks must inform borrowers of the agent's name and contact…
The Reserve Bank of India conducted two auctions on Tuesday, raising Rs 32,000 crore through central government securities. The 6.36% GS 2031 (10-year) saw strong demand: bids worth Rs 50,030 crore against…
The Reserve Bank of India has rejected the proposed demerger of Religare Enterprises and its subsidiary Religare Finvest into two independent listed entities. The Burman family-backed firm had sought to transfer its…
The Reserve Bank of India has deferred its revised loan recovery rules to January 1, 2027, from October 1, 2026, after industry feedback. The framework allows lenders to impose gradual restrictions on…
India’s FCNR(B) deposit inflows have reached about $41 billion and could rise to $80-100 billion by September 30, Jefferies said, according to The Economic Times. The RBI introduced concessional swaps in June…
The Reserve Bank of India kept the repo rate unchanged at 5.25% for the fourth consecutive meeting, with the Monetary Policy Committee voting unanimously to retain a 'neutral' stance. Governor Sanjay Malhotra…
The Lok Sabha on Thursday passed a Bill amending the Payment and Settlement Systems Act, 2007, giving the government power to permit banks and payment providers to levy charges on UPI and…
Bajaj Finance shares fell 5.55% to Rs 1,086 on August 3, their sharpest intraday decline in four months, Business Today reports. The company’s market capitalisation fell to Rs 6.85 lakh crore. The…
The government has tabled a bill in the Lok Sabha to amend the Payment and Settlement Systems Act, 2007, removing the blanket ban on merchant discount rate (MDR) for UPI transactions. Finance…
The Reserve Bank of India is discussing comprehensive guidelines for banks and non-bank lenders using artificial intelligence, Livemint reports, citing a person familiar with the discussions. The proposed framework could bring together…
Ashin Xavier: interesting
IO Repro: Repro test v4 after fix 2 Oct. Safe to trash.
IO Repro: Repro test v3 after fix 2 Oct. Safe to trash.
IO Repro: Repro test after fix 2 Oct. Safe to trash.