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NCDC DIRECT LOANS AND GRANTS
RBI invites public comments on draft rules to standardise how lenders set interest rates- RBI proposes new interest rate rules for regulated entities, seeks public comments
- Quote of the Day by Cary Grant: “When people tell you how young you look, they are also telling… – Inspiring lessons on aging, growing older, appearance, confidence and why age is just a number by the American actor known for wit, powerful performances and deep insights on beauty and self-acceptance
- Rajya Sabha passes NCDC Amendment Bill to boost cooperative sector fundingIn a significant move, the Rajya Sabha has approved the National Co-operative Development Corporation Amendment Bill, enabling the NCDC to ...12 Aug, 2026, 03.55 PM IST
- Woman took a home loan at 12% interest, but Citi Bank charged up to 16.5% and recovered Rs 12.9 lakh extra; consumer commission orders refund and Rs 1 lakh compensationCiti Bank has been ordered to refund Rs 12,91,248 to a home loan borrower after the Delhi State Consumer Disputes Redressal Commission foun...12 Aug, 2026, 02.33 PM IST
- India may have found the key to unlock its $5 trillion sleeping fortuneIndia plans to revamp its Gold Monetisation Scheme by involving jewellers, aiming to unlock household gold holdings estimated at 25,000-50,...12 Aug, 2026, 02.07 PM IST
- Abhishek Banerjee gets interim relief from Calcutta HC in three criminal casesThe Calcutta High Court granted interim protection from police action to Trinamool Congress MP Abhishek Banerjee. Justice Saugata Bhattacha...12 Aug, 2026, 12.56 AM IST
- Bombay HC warns Maharashtra FDA for ‘sword to kill mosquito’ approach as Cadila challenges drug banThe Bombay High Court criticized the Maharashtra FDA for its drastic actions against companies. The court directed the regulator to grant h...11 Aug, 2026, 09.22 PM IST
- RBI curbs on NBFC flexi credit may push lenders towards bullet loans, raise costs: KotakThe Reserve Bank of India's (RBI) proposed restrictions on revolving credit facilities offered by non-banking financial companies (NBFCs) m...11 Aug, 2026, 04.16 PM IST
- MacKenzie Scott and Melinda French Gates have given more than $28 billion through two very different approaches: How their philanthropy is reshaping charities, empowering women and changing the way billionaire wealth is used to drive lasting social impactMacKenzie Scott and Melinda French Gates have committed more than $28 billion to philanthropy through two very different approaches. Scott ...10 Aug, 2026, 06.17 PM IST
- Lok Sabha passes Tribunals Reforms Bill 2026 without debateThe Lok Sabha passed the Tribunals Reforms Bill, 2026, establishing a National Tribunals Commission. This new commission will oversee tribu...10 Aug, 2026, 03.01 PM IST
- Govt introduces NCDC Amendment Bill 2026 to expand direct funding for cooperativesA bill was introduced in the Lok Sabha to expand the NCDC's lending powers. This amendment will allow direct loans and grants to cooperativ...10 Aug, 2026, 02.51 PM IST
- Direct mutual funds: Why lower fees may not mean higher returnsIntroduced in 2013, direct mutual fund plans present a cost-effective alternative for investors, accounting for thirty percent of total ass...10 Aug, 2026, 11.44 AM IST
- NBFC gold loans continue near 70% growth, reach Rs 3.41 lakh crore in June: RBINon-banking financial companies saw gold-backed lending grow nearly seventy percent year-on-year. This strong expansion continued into June...08 Aug, 2026, 04.21 PM IST
- RBI changes loan recovery rules:: No harassment, recorded calls, strict recovery agent code & moreThe Reserve Bank of India has announced new guidelines for loan recovery starting in January 2027. These regulations require that banks pro...07 Aug, 2026, 02.33 PM IST
- RBI's draft curbs on revolving credit may impact NBFC flexi loans: Morgan StanleyThe Reserve Bank of India's (RBI) draft directions proposing restrictions on revolving credit facilities offered by non-banking financial c...07 Aug, 2026, 01.14 PM IST
- RBI relaxes device-loan recovery normsThe Reserve Bank of India has updated its regulations on mobile loan financing. Lenders are now required to reinstate device functionality ...07 Aug, 2026, 06.34 AM IST
- RBI bars banks from disabling mobile devices of defaulting borrowersBanks cannot disable borrower mobile phones and laptops for loan recovery. This new rule applies unless the devices themselves were finance...06 Aug, 2026, 10.07 PM IST
- Centre deploys national outbreak team to Gujarat, Rajasthan as Chandipura virus cases riseA national team has been sent to Gujarat and Rajasthan to aid the ongoing Chandipura virus disease outbreak. Experts are investigating the ...05 Aug, 2026, 12.29 PM IST
- Changes in EBLR & MCLR framework, interest rate charging mechanism and how reset dates are decided- RBI proposalRBI MPC policy: The Reserve Bank of India plans to simplify loan interest rate rules for all regulated entities. This initiative aims to ha...05 Aug, 2026, 12.15 PM IST
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