Bajaj Finance fined for harassing borrowers – Times of India
MUMBAI: The Reserve Bank of India (RBI) has fined Bajaj Finance Rs 2.5 crore for harassment and intimidation of customers...
RBI
‘Standardised policies help cover uninsured’ – Times of India
NEW DELHI: The government is covering the masses through various central schemes, like the Pradhan Mantri Jeevan Jyoti Bima Yojana...
RBI comes up with Digital Payments Index – Times of India
MUMBAI: The Reserve Bank of India (RBI) on Friday said it has constructed a composite Digital Payments Index (DPI) with...
Only a dozen large cos seek Covid loan recast – Times of India
MUMBAI: Around a dozen large borrowers have applied for the RBI’s loan restructuring scheme for those affected by Covid stress....
Banks need Rs 1L cr for NPAs, growth – Times of India
Mumbai: The Reserve Bank of India (RBI) has said that banks will need additional capital of up to one and...
Will use supervision tech to keep up with entities: RBI – Times of India
MUMBAI: The Reserve Bank of India (RBI) has said that it will start using SupTech (supervisory technology) and RegTech —...
Indian economy reviving at unforeseen pace: RBI – Times of India
NEW DELHI: As economic activities gather momentum and strive to get back to pre-Covid levels, the Reserve Bank of India...
Loan Apps: RBI cautions against loans given on apps | India Business News – Times of India
MUMBAI: Following cases of suicide over alleged harassment by recovery agents of entities that provided loan over mobile apps, the...
Lakshmi Vilas Bank merger: RBI moves SC to club cases – Times of India
NEW DELHI: The Supreme Court has sought responses from shareholders of the nearly 100-year-old Lakshmi Vilas Bank (LVB) on a...
Large companies don’t need debt recast: KV Kamath – Times of India
NEW DELHI: Veteran banker K V Kamath says that soft interest rates will provide the tailwind for businesses to come...
