In Short:Banks are planning to ask the RBI and finance ministry to exempt loans given to small businesses from proposed rules for infrastructure financing....
In Short:Banking experts believe that the proposed rule by RBI may discourage lenders from financing projects, leading to higher lending rates. RBI has imposed...
In Short:The Reserve Bank of India governor is warning about unauthorized forex trading platforms that promise high returns like casino games, used by corporates...
In Short:Revolut India has received approval from the RBI to issue prepaid payment instruments in India, allowing the global fintech firm to operate domestically....
In Short:Regulators and policymakers are concerned about the gold loan market, with the RBI imposing restrictions on IIFL Finance. The rise in gold loans...
