The RBI had in November 2023 hiked risk weights on banks’ exposure to NBFCs by 25 percentage points, over and above the risk ...
RBI Tuesday after market trading hours cut the risk weight for banks on loans to NBFCs from 125% to 100% depending on the ...
India's sovereign gold bonds were considered a gold standard in investing. But the well-intentioned scheme has been causing ...
This move will free up Rs 40,000 crore capital for banks translating into Rs 4 trillion additional loanable funds ...
Easier access to funds and lower costs could mean NBFCs could save 25-50 basis points on bank loans due to lower banking risk ...
The RBI has also put on hold its earlier proposals to increase the capital that banks must set aside for new project loans ...
Muthoot Finance also shared the approval letter from the RBI on the exchanges. The central bank, while granting permission, ...
Cryptocurrency, once considered a speculative anomaly, has rapidly gained prominence as a transformative force in India’s ...
The apex bank’s rule comes after its decision to postpone proposals requiring banks to allocate more capital for new project ...
Finance and insurance corporation Muthoot Finance has received RBI approval to open 115 new branches, a stock exchange filing ...
RBI directed Muthoot Finance to ensure adequate security arrangements and proper storage facilities for gold jewellery, ...
The Reserve Bank of India (RBI) has announced a rise in the small value loan ceiling for Urban Co-operative Banks (UCBs) to Rs 3 crore per borrower. According to an RBI circular issued on February 24, ...