Indian banks well-placed to transition to expected credit loss provisioning, Fitch saysIndian banks are well-prepared for the new expected credit loss framework. Fitch Ratings confirms sufficient capitalisation. The framework ...
RBI net buys record $6.2 billion debt to shield bonds from war shockwavesThe Reserve Bank of India stepped up its government bond purchases from the secondary market to a record level in the week ended March 6, d...
Rupee falls to record low as fears of prolonged Mideast war hit Asia FXThe Indian rupee fell to a record low on Monday, as fears of a prolonged war in the Middle East rattled regional currencies, and surging oi...
Indian brokers' lobby seeks 6-month freeze on new RBI rules: ReportIndia’s brokers’ lobby has urged the Reserve Bank of India to defer its newly issued lending norms for six months, citing operational chall...
India bonds gain on growing hopes of RBI supportIndian government bonds drew fresh buying interest on Wednesday, with traders adding positions on expectations the Reserve Bank of India m...
Rupee recovers after fresh RBI intervention, follow-through uncertainThe Indian rupee saw a rebound on Thursday following intervention by the Reserve Bank of India, though its long-term stability remains a co...
RBI orders weekly loan data reporting to credit information cos from April 1, 2026RBI has mandated that lenders submit borrower data to credit bureaus weekly instead of fortnightly from April 1, 2026. The move aims to imp...
FM Nirmala Sitharaman asks regulators to align with changesSitharaman said India was at a cusp of change and regulators had to be aligned with that change. "You need regulators also to be aligned wi...
Decoding the factors behind the popularity of crypto among corporatesCryptocurrency and blockchain technologies were a relatively small and sophisticated niche of the tech industry - preserving the nerds. Com...
In talks with SBI to jointly run e-commerce portal for MSMEs: Nitin GadkariMSME Minister Nitin Gadkari on Thursday said that he is to meet SBI Chairman next month to discuss whether the bank can jointly run an e-co...
Don't report frauds below Rs one lakh to police: CVC to banksThe Non-Performing Assets(NPAs) declared by various scheduled commercial banks stood ata whopping Rs 6,65,864 crore, according to an offici...
No rift with PM Narendra Modi: Yoga guru RamdevYoga guru Ramdev today said the government's inability to bring back black money stashed abroad is leading to "frustration" among people.
United Bank ofIndia Q2 net profit rises 41 per cent to Rs 62 croreUBI has reported a 41.23 per cent rise in net profit for the second quarter of this fiscal at Rs 61.86 crore, compared to Rs 43.80 crore.
- Buried under debt? Credit counsellors can find you a way out
FLCCs are encouraged not only to provide curative advice to people, but also educate borrowers on their repayment capacity and cost of cred...
- Caught in debt trap: Rescue on way
Spendthrifts can now approach debt counselling centres, which can work out rescue deals for them. When D means Debt for you
- Caught in debt trap: Rescue on way
Spendthrifts can now approach debt counselling centres, which can work out rescue deals for them. When D means Debt for you
- Kid gloves for the credit-scarred
Customers feeling the pinch of the loan trap could approach debt counselling centres, who negotiate better deals for financially-distressed...