RBI Lifts Restrictions on ECL Finance and Edelweiss ARC
Bhoi Smrutirekha Dharanidhar The Reserve Bank of India (RBI) has announced the removal of business restrictions imposed earlier this year on ECL Finance…
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RBI Hikes Collateral-Free Loan Limit for Farmers
In a significant move aimed at benefiting small and marginal farmers, the Reserve Bank of India (RBI) has raised the…
Read MoreRBI to Launch Affordable Cloud for Financial Firms vs Tech
The Reserve Bank of India (RBI) plans to launch a pilot initiative in 2025 to offer cost-effective and secure cloud…
Read MoreHDB Financial shares rise in unlisted market ahead of IPO.
HDB Financial Services, a leading non-banking financial company (NBFC) and a subsidiary of HDFC Bank, is gearing up for its…
Read MoreRBI Retains SBI, HDFC, ICICI as D-SIBs for 2024
The Reserve Bank of India (RBI) has shared the 2024 list of banks that are considered too important to fail…
Read MoreRBI Issues Framework for FPI to FDI Reclassification
The Reserve Bank of India (RBI) has introduced a new framework that simplifies the process for Foreign Portfolio Investors (FPIs)…
Read MoreRBI introduces new domestic money transfer rules from Nov 1.
The Reserve Bank of India (RBI) has announced new rules for Domestic Money Transfers (DMT), which will take effect from…
Read MoreFitch Affirms IIFL Rating as RBI Lifts Gold Loan Ban
Fitch Ratings has affirmed the ratings of India-based IIFL Finance Ltd., a prominent non-banking financial company (NBFC), with a stable…
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