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RBI recently directed the credit information companies (CICs) that they need to update their record every 15 days instead of one month. This will help the borrowers keep their data updated.
RBI Governor Sanjay Malhotra says market determines rupee depreciation, touches on necessary regulations surrounding ...
The Reserve Bank of India (RBI) might transition the Cash Reserve Ratio (CRR) into a regulatory tool, based on a State Bank of India report. This change could lead to enhancements in liquidity ...
New Delhi [India], February 4 (ANI): The Reserve Bank of India (RBI) may start using the Cash Reserve Ratio (CRR) more as a regulatory intervention tool rather than just a liquidity management ...
The Reserve Bank of India (RBI) has approved small finance banks (SFBs) to offer credit lines on the Unified Payments Interface (UPI), in accordance with the regulator’s announcement made during ...
In addition to the repo rate cut, the Standing Deposit Facility (SDF) and Marginal Standing Facility (MSF) rates have also ...
With effect from January 1, 2019, the RBI has mandated the use of only EMV Chip and PIN-based debit and credit cards. Also, the scope of UPI was expanded by permitting linkage of RuPay credit card ...