IBC cases slow down as banks reconsider recovery approach
Insolvency and Bankruptcy Code (IBC) faces slowdown in case admissions, prompting reassessment of effectiveness for banks' ...
CBDC could be used for collection of micro-loans, says RBI official
The Central Bank Digital Currency (CBDC) could be used for the collection of micro-loans as an innovative tool to streamline ...
RBL Bank partners Piramal Finance for co-lending
RBL Bank and Piramal Finance have announced a co-lending partnership aimed at offering loans to middle- and low-income borrowers in rural and .
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India's forex reserves decline by $1.88 billion to $623.98 billion
In the latest week, foreign currency assets, the largest component of the reserves, decreased by $2.878 billion to $533.133 ...
NPCI leases 1.15 lakh sq ft office space in Mumbai's Goregaon for an annual rent of over ₹25 crore
NPCI has leased commercial space on the 27th and 28th floors of Oberoi Commerz III, constructed by Oberoi Realty in Goregaon ...
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RBI Slaps Penalties on Major Banks for Regulatory Violations
The Reserve Bank has imposed financial penalties on Jammu and Kashmir Bank, Bank of India, and Canara Bank for regulatory ...
Microfinance institutions come under govt.’s lens in Karnataka
Karnataka MFIs face scrutiny after borrower suicides, State government plans Ordinance to regulate activities, amid rising ...
CBI Busts Rs 350 Crore Crypto Ponzi Scam Promoted Through Social Media
The CBI has conducted search operations across seven locations after registering a case of Rs 350 crore crypto ponzi scam ...