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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 ...
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 ...
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 ...
With the repo rate cut, borrowing costs for home and personal loans are likely to fall. This would provide a big relief to the homebuyers and could boost the housing market.
CloudExtel plans to invest Rs 1,000 crore over two years to expand its fibre network and small cell infrastructure across ...
RBI Governor Sanjay Malhotra announces repo rate cut to 6% amid US tariff tensions. Rate cut aims to support India’s slowing ...
ICRA Ratings predicts Indian banks' NPAs to rise in FY26 due to stress in unsecured loans, impacting profitability and growth.
Indian banks face profitability pressures in the current fiscal year due to moderating credit growth and high deposit costs, ...
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