The RBI has stated that this restriction on the 'eCOM' and 'Insta EMI Card' products is subject to review. Post author By admin Post date November 16, 2023 RBI Directs Bajaj Finance to Halt lending under ‘eCom’ and ‘Insta EMI card’ Products The Reserve Bank of India (RBI) has issued a directive to Bajaj Finance, instructing… 16 November 2023, • < 1 mins read Tags Bajaj Finance, digital lending guidelines, digital lending platforms, digital loan sector, eCOM, Insta EMI, loans, NBFCs, RBI
ESAF is a Small Finance Bank that primarily focuses on extending loans to rural and semi-urban clientele. Post author By admin Post date October 26, 2023 ESAF Small Finance Bank Limited IPO: Things You Need to Know Apply Now The IPO date for ESAF Small Finance Bank is November 3, 2023… 26 October 2023, • 4 mins read Tags ESAF Small Finance Bank, financial, IPO, RBI, stock exchanges
The bank has given assurances that they will not face any disruption and can continue to enjoy uninterrupted services on the app. Post author By admin Post date October 11, 2023 Bank of Baroda Faces Restrictions on New Customer Onboarding through ‘BoB World’ App A Directive from the Top In a significant move, the Reserve Bank of India… 11 October 2023, • 2 mins read Tags ATMs, Bank of Baroda, BoB World'app, Net Banking, RBI, WhatsApp Banking
RBI initiated the PCA framework for these entities to bolster the supervisory tools at its disposal. Post author By admin Post date October 10, 2023 RBI’s Expansion of PCA Framework to Include Government-Owned NBFCs The Reserve Bank of India (RBI), in its recent announcement, highlighted the decision to… 10 October 2023, • < 1 mins read Tags financial system, IRFC, NBFCs, PCA, PFC, RBI, REC
RBI plans to initiate CoF token facilities at the issuing bank level, making token creation more straightforward for cardholders. Post author By admin Post date October 6, 2023 RBI Monetary Policy: Key Takeaways from Governor’s Address Under the leadership of Governor Shaktikanta Das, the Reserve Bank of India (RBI) presented… 6 October 2023, • 2 mins read Tags CPI, CRR, MSF, NBFCs, RBI, RBIMPC, Reserve Bank of India, Shaktikanta Das, UCB
The MPC, headed by Governor Shaktikanta Das, has, for the fourth time, opted not to adjust the benchmark repo rate. Post author By admin Post date October 6, 2023 RBI Keeps Repo Rate Unchanged At 6.5% For 4th Consecutive Time In a recent move by the Reserve Bank of India (RBI), the Monetary Policy… 6 October 2023, • 2 mins read Tags MPC, RBI, RBIGovernor, RBIPolicy, Repo Rate
RBI stood firm in its decision, ruling that the non-compliance on SBI's part was undeniable. Post author By admin Post date September 26, 2023 RBI Penalises Three Prominent State-Owned Banks The Reserve Bank of India (RBI), in a recent move, has levied penalties on… 26 September 2023, • 2 mins read Tags Indian Bank, Penalty, Punjab & Sind Bank, RBI, SBI
The central bank has advised HDFC AMC to acquire a stake in DCB Bank within one year from the approval date. Post author By admin Post date September 21, 2023 HDFC AMC Receives RBI Approval for 9.5% Stake Acquisition in Karur Vysya Bank and DCB Bank In a recent development, HDFC Asset Management Company (HDFC AMC) has received the green… 21 September 2023, • 2 mins read Tags DCB Bank, HDFC AMC, Karur Vysya, RBI, Reserve Bank of India
Post author By admin Post date September 9, 2023 RBI’s Phased Reduction of Incremental Cash Reserve Ratio: What You Need to Know The Reserve Bank of India (RBI) has unveiled a phased plan to lower the… 9 September 2023, • 2 mins read Tags Cash Reserve Ratio, CRR, GST, I-CRR, RBI, tax outflows
Certain industries like chemicals, food processing, and infrastructure have experienced a decline in credit growth. Post author By admin Post date September 1, 2023 Bank Credit Growth Adjusts to 14.8% in July 2023 In July 2023, bank credit growth experienced a slight decline, falling to 14.8% compared… 1 September 2023, • 2 mins read Tags agriculture and services, Bank, Bank Credit, CARE, Industries, RBI
A pattern RBI seems to follow over recent cycles, it has announced to keep the repo rate steady at 6.50%. Post author By admin Post date August 10, 2023 RBI’s Monetary Policy Committee Meeting: Maintains Repo Rate at 6.5% On Thursday, the Reserve Bank of India (RBI) held its Monetary Policy Committee (MPC)… 10 August 2023, • 2 mins read Tags Consumer Price Index, CPI, Inflation, Monetary Policy, MPC, RBI, Repo Rate
Credent Global Finance Limited has decided to raise funds by offering a Right issue of Rs 48.56 Crores from the company’s existing shareholders. Post author By admin Post date July 26, 2023 Credent Global Finance Limited Rights Issue Credent Global Finance Limited is a financial service firm based in London and Mumbai.… 26 July 2023, • 2 mins read Tags CGF, Credent Global Financial Limited, financial, NBFC, RBI
It marks the first time an international contract previously exported from India will be managed within the country. Post author By admin Post date July 3, 2023 New Dawn for Indian Financial Markets as SGX Nifty Transforms into GIFT Nifty A momentous change in the global trading landscape in India commences today, July 3,… 3 July 2023, • 2 mins read Tags GFT NIFTY, IFSC, NSE, RBI, SGX
The NCD offering, with each unit bearing a face value of Rs 1,000, is slated to open on June 6 and will remain accessible until June 19. Post author By admin Post date June 16, 2023 Indel Money Limited NCD: Know Before you Invest NCD Detail Indel Money Limited, a non-banking financial company specialising in gold loans, announced… 16 June 2023, • 5 mins read Tags AUM, NBFC, NCD, NCDs, RBI
Investors can choose from seven different debentures that span terms ranging from 24 to 60 months. Post author By admin Post date June 15, 2023 IIFL Finance Limited NCD: Everything You Need to Know NCD Detail India Infoline Finance Limited, also called IIFL Finance, is preparing to launch… 15 June 2023, • 5 mins read Tags IIFL, NBFC, NCD, RBI
The meeting was led by RBI Governor Shaktikanta Das. Post author By admin Post date June 8, 2023 RBI Monetary Policy Committee Meeting: Key Takeaways In today’s Monetary Policy Committee (MPC) meeting, the Reserve Bank of India (RBI) took… 8 June 2023, • 2 mins read Tags Monetary Policy Committee, MPC, RBI, RuPay Cards