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

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

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, ...

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

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

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

The Indian central bank's unexpected and decisive intervention in the foreign exchange markets over the past two days, worth as much as $11 billion by one estimate, has reduced the bearish bias on the ...

The Reserve Bank of India will conduct a massive $10 billion three-year dollar/rupee swap auction next week to infuse durable ...

The Reserve Bank of India has lowered risk weights on bank loans to NBFCs and microfinance institutions, increasing lending ...

For RRBs and LABs, all microfinance loans will uniformly attract a 100% risk weight. The revised risk weight provisions apply to both outstanding and new loans, effective immediately from the issuance ...

Travis Jankowski hits his first RBI single as a Cub to left field to extend Chicago's lead to 2-0 in the top of the 3rd ...

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