Governor Sanjay Malhotra on Wednesday announced that the central bank is reducing the repo rate by 25 basis points (bps) and this will affect EMIs, as they may get cheaper.

India's central bank on Wednesday released draft guidelines for loans disbursed against gold, proposing stricter underwriting ...

RBI Repo Rate Cut, RBI Monetary Policy Meeting 2025 Today Live Updates: The latest round of reciprocal tariffs kicked in ...

Vijay Mallya fled to the UK in March 2016 and is wanted in India for defaulting on loans amounting to ₹9,000 crore, taken by ...

The present framework limits co-lending to partnerships between banks and non-banking financial companies (NBFCs) to priority ...

Personal loans in India are not taxable as they are treated as liabilities, not income. However, interest paid on loans used for home renovation, business, or education may be eligible for tax ...

RBI expands co-lending framework to all regulated entities, aiming to boost credit access and drive inclusive growth.

Banking stocks, especially public sector lenders, took a sharp hit after the rate cut announcement. The Nifty Bank index was ...

CloudExtel plans to invest Rs 1,000 crore over two years to expand its fibre network and small cell infrastructure across ...

Currently, UPI payments are mostly capped at Rs 1 lakh for both P2P and P2M. The RBI has suggested that National Payments Corporation of India (NPCI) may now review and revise these limits based on ...

This marked the second consecutive rate cut opted by the MPC after it lowered benchmark rates by 25 basis points in its ...

Banks and NBFCs reported a phenomenal growth in gold loan outstanding to Rs 1.78 lakh crore as of January 2025, a surge of 76 ...