The Reserve Bank of India has partially reversed tighter rules for bank loans to small borrowers and non-bank lenders, ...

India's central bank said on Monday it would allow depositors of troubled New India Co-operative Bank to withdraw up to ...

MUMBAI (Reuters) - A sharp slowdown in India's manufacturing sector - a key driver of job creation - was a major factor in ...

The central bank clarified that microfinance loans which are not in the nature of consumer credit and fulfill certain ...

Finance and insurance corporation Muthoot Finance has received RBI approval to open 115 new branches, a stock exchange filing ...

A central bank’s role is not just to anchor stability, but to sense the undercurrents of an economy and steer it towards ...

The RBI has also put on hold its earlier proposals to increase the capital that banks must set aside for new project loans ...

The Reserve Bank of India (RBI) has announced a rise in the small value loan ceiling for Urban Co-operative Banks (UCBs) to Rs 3 crore per borrower. According to an RBI circular issued on February 24, ...

Muthoot Finance also shared the approval letter from the RBI on the exchanges. The central bank, while granting permission, ...

Neeraj Gambhir, Treasury Head of Axis Bank, discusses the impact of RBI's recent rate cut. He anticipates banks will adjust ...

A lower risk weight means that lenders need to set aside less funds as a safety net for consumer loans, implying an increase ...

Muthoot Finance is to inform the RBI of details of the new branches. The RBI also advised Muthoot Finance to ensure suitable ...