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RBI invites public comments on draft rules to standardise how lenders set interest ratesThe Reserve Bank of India has proposed new rules for loan interest rates. These directions aim to harmonize lending practices across variou...- RBI proposes new interest rate rules for regulated entities, seeks public commentsThe Reserve Bank of India is harmonizing interest rate determination methods for regulated entities. New guidelines will define internal be...
- Indel Money to raise up to Rs 500 crore via public issue of NCDsIndel Money plans to raise up to Rs 500 crore through a public issue of non-convertible debentures. The issue will open on August 18 and cl...
- Business is one thing. Stock price is another. 4 small-caps from different sectors with upside potential of up to 33%The Nifty and the Sensex are correcting after a few days of gains. While it may seem like the whole market is turning down, remember that t...
- US visa fraud: Andhra man admits to faking Rs 1.2 crore net worth, degree, and job for US EmbassyDelhi Police registered an FIR against a 25-year-old man from Andhra Pradesh. He allegedly submitted forged education and employment docume...
- Equitas to take cautious steps towards universal bank licenseEquitas Small Finance Bank is eligible for voluntary transition into a universal lender. The bank is cautious about applying after peers fa...
- Cyber fraud crackdown: Centre blocks over 3,700 mobile apps, saves Rs 11,158 croreThe government has blocked 3,718 mobile applications by June 30, 2026. Over Rs 11,158 crore has been saved through 32.80 lakh fraud complai...
- Naresh Goyal seeks discharge from money laundering case; court asks prosecution to reply to pleaNaresh Goyal has submitted a request for discharge in connection with a money laundering case involving an alleged bank fraud amounting to ...
- 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...
- MP family gets response from UK debt office on Rs 35,000 loan given to British Empire during WWI in 1917; how much is it worth today, 109 years later?MP Man UK War Loan Claim: A 109-year-old war loan certificate has prompted an Indian family's renewed inquiry into a 1917 loan. The UK's De...
- Student debt: Nearly 450,000 US borrowers set for relief under $23 billion settlement; check eligibility, forgiveness amount, application process and moreNearly two hundred thousand more student loan borrowers will have federal debt forgiven. This follows a federal appeals court decision reje...
- RBI proposes a leverage ratio of 3.5% for ‘important’ global banksThe Reserve Bank of India has proposed new leverage ratio requirements for banks. Globally systemic important banks will face a minimum 3.5...
- Student loans, GoI reading this rightIn a groundbreaking move, the government is set to double education loan disbursals across the country, enabling greater access to higher e...
- Bajaj Finance, Bajaj Finserv shares fall up to 5% on RBI's new proposal for NBFCsShares of Bajaj Finance and Bajaj Finserv fell sharply after the RBI proposed restricting NBFCs to offering only term loans, effectively ba...
- Same salary, different story: Why your colleague got a bigger loan than you
- RBI plans to bar NBFCs from offering revolving credit without approvalIn a recent announcement, the Reserve Bank of India has introduced fresh regulations for non-banking financial companies. Moving forward, N...
- RBI classifies Tata Sons as Upper-Layer NBFC under revised frameworkThe Reserve Bank of India has classified Tata Sons as an Upper Layer NBFC. This classification follows revised norms for financial companie...
- Sebi settles case against India Power Corp's Raghav Raj Kanoria for Rs 24.7 lakhThe Securities and Exchange Board of India (Sebi) has concluded adjudication proceedings against Raghav Raj Kanoria, managing director of I...
- Urban cooperative bank license applicants need a minimum Rs 300 crore of capital and Rs 10000 crore of deposits, says RBIThe Reserve Bank of India is resuming urban cooperative bank licenses after two decades. Eligible credit societies need a minimum capital o...
- She invented a business, got $41,381 in PPP loans and still won't spend a day in prisonAn Illinois woman confessed to fraudulently obtaining government aid via a fake business, netting over forty thousand dollars from two Payc...
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