https://www.thehindubusinessline.com/economy/finmin-gives-thumbs-up-to-rbis-assessment-of-economy/article67618520.ece Clipped from: https://www.thehindubusinessline.com/economy/finmin-gives-thumbs-up-to-rbis-assessment-of-economy/article67618520.ece Finance Ministry on Friday endorsed the RBI’s assessment of the economy in the latest monetary policy review, noting that central bank upping
Category: RBI–Banks
RBI takes stock for digital lending guidelines – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/rbi-takes-stock-for-digital-lending-guidelines/article67577185.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-takes-stock-for-digital-lending-guidelines/article67577185.ece Sustained high growth in digital lending sparks concerns about adherence to norms Nearly a year after introducing the digital lending norms, the Reserve
FinMin to meet govt bank chiefs to review cyber security framework
https://www.business-standard.com/economy/news/finmin-to-meet-govt-bank-chiefs-to-review-cyber-security-framework-123112300882_1.html Clipped from: https://www.business-standard.com/economy/news/finmin-to-meet-govt-bank-chiefs-to-review-cyber-security-framework-123112300882_1.html Sources said that such frauds occurred a couple of times before involving some other public sector banks but went largely unnoticed as
Banking liquidity deficit at 5-yr high, to narrow next week: Economists
https://www.business-standard.com/economy/news/banking-liquidity-deficit-at-5-yr-high-to-narrow-next-week-economists-123112200684_1.html lipped from: https://www.business-standard.com/economy/news/banking-liquidity-deficit-at-5-yr-high-to-narrow-next-week-economists-123112200684_1.html The deficit was the highest since Dec 26, 2018, when it had hit Rs 1.86 trillion, according to economists Listen to This
Financial sector must avoid ‘all forms of exuberance’: RBI governor
https://www.business-standard.com/finance/news/financial-sector-must-avoid-all-forms-of-exuberance-rbi-governor-123112200490_1.html Clipped from: https://www.business-standard.com/finance/news/financial-sector-must-avoid-all-forms-of-exuberance-rbi-governor-123112200490_1.html Sound caution on credit growth, model-based lending, high-interest rates charged by MFIs, contagion risks RBI Governor Shaktikanta Das at the annual Ficci-IBA
Gold loans could shine with tokenisation – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/gold-loans-could-shine-with-tokenisation/article67562681.ece Clipped from: https://www.thehindubusinessline.com/opinion/gold-loans-could-shine-with-tokenisation/article67562681.ece It enhances transparency and governance for the lenders and also empowers the borrowers Gold loans have emerged as one of the fastest-growing
‘e-wallets’ need deposit protection – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/e-wallets-need-deposit-protection/article67562760.ece Clipped from: https://www.thehindubusinessline.com/opinion/e-wallets-need-deposit-protection/article67562760.ece Holders of prepaid payment instruments are ‘depositors’ and therefore deserving of deposit insurance The RBI Report of the Committee for Review of
👌In a sweet spot: SBI’s upgrades 60 NPA accounts through fintechs – Banking & Finance News | The Financial Express
https://www.financialexpress.com/business/banking-finance-in-a-sweet-spot-sbis-upgrades-60-npa-accounts-through-fintechs-3312319/ Clipped from: https://www.financialexpress.com/business/banking-finance-in-a-sweet-spot-sbis-upgrades-60-npa-accounts-through-fintechs-3312319/ Counselling over a box of chocolates leads to upgradation of 13% accounts sent as pilot project. Out of the 450 accounts sent
MFIN wants RBI to address overlap between microfinance, digital lending – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/mfin-wants-rbi-to-address-overlap-between-microfinance-digital-lending/article67550534.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/mfin-wants-rbi-to-address-overlap-between-microfinance-digital-lending/article67550534.ece Wants the RBI to ensure that fintech lenders comply with microfinance regulations Mumbai Microfinance Institutions Network (MFIN) has called on the Reserve Bank of India to
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