Showing results for "#RBI"
Fitch raises India's GDP forecast for next fiscal to 7 pc
For the world, Fitch Ratings has raised its 2024 global GDP growth forecast by 0.3 percentage points to 2.4 per cent, as near-term world growth...
Fairfax India to pump $200 mn into IIFL Finance
This comes after the RBI barred the non-bank lender from disbursing gold loans
RBI asks banks to allow customers to choose cards from multiple...
The central bank also asked issuers of credit cards not to enter into any arrangement or agreement with card networks that restrain customers from...
RBI's punitive actions will keep NBFCs on the edge
The RBI’s recent action clearly indicates that it has zero tolerance for persistent regulatory non-compliance/mis-governance.
RBI imposes restrictions on JM Financial Products
The company can, however, continue to service its existing loan accounts through the usual collection and recovery process, the Reserve Bank said in a...
RBI bars IIFL Finance from sanctioning, disbursing gold loans
A leading financial services provider, IIFL Finance offers a range of loans and mortgages. The latest directions from the RBI pertain to only the gold...
Moody's ups India's growth forecast, expects policy continuity after...
"India's economy has performed well and stronger-than-expected data in 2023 has caused us to raise our 2024 growth estimate to 6.8 per cent from 6.1...
RBI turning up compliance heat on regulated entities
Increasingly, these penalties are imposed for failure to follow the required processes, deficiencies in risk management practices, and protection of...