RBI said in a statement that it is satisfied with the companies’ submissions over their revamped processes, and commitment to adhere to regulatory guidelines on an ongoing basis.
RBI's bi-monthly credit updates aim to boost credit scores, empower borrowers, and improve lender risk assessments.
The domestic currency has been witnessing a sharp downfall in its value as the greenback's strength continues to weigh ...
CBI/RBI schemes, once intended and designed to facilitate the diversification of less privileged countries' economies, are ...
A former Reserve Bank of India official said the authority should ease its tight grip on the rupee, a view that comes amid ...
The RBI's revised regulation also seeks to end 'evergreening,' a practice where borrowers take new loans to repay old ones, ...
Further, CIC should inform the customers by email or SMS when their credit information is sought by a bank or NBFC and banks ...
The buying, however, was limited to banks that were active in the months leading to November, according to Krishan Gopaul, ...
Hdfc Bank ( (HDB) ) has shared an announcement. HDFC Bank has received approval from the Reserve Bank of India (RBI) to ...
RBI accumulated 73 tons of gold. This massive acquisition made it the second-largest buyer after the National Bank of Poland ...
The Indian rupee slipped to an all-time low in early trade on Monday, pressured by broad-based dollar bids while likely ...
The change aims to improve credit score accuracy and ensure timely reflection of borrowers' financial activities.