News & Updates
26Sep
RBI Mandates Fixed Interest Rates for Personal Loans
The RBI has directed banks to offer fixed interest rate options for personal loans, giving borrowers more predictable repayment schedules and enhanced transparency.
26Sep
RBI Eases Priority Sector Lending Norms for Small Finance Banks
Relaxed PSL norms unlock ₹41,000 crore for allocation to lower-risk sectors like housing, boosting credit flow and economic stability.
26Sep
RBI Cuts Repo Rate to 5.50%
The RBI lowered the repo rate by 50 basis points to 5.50%, expected to reduce borrowing costs for consumers and stimulate economic activity.
26Sep
RBI Proposes Stricter Regulations on Gold Loans
Stricter rules on gold loans aim to improve risk management, including single-borrower limits, 75% loan-to-value ratio, and monitoring fund usage.
26Sep
RBI Flags Risks in Retail Lending and Rising Write-Offs
The RBI warns of rapid growth in unsecured retail lending and urges caution and improved underwriting standards to mitigate potential risks.
26Sep
RBI May Introduce Bank-Like Rate Norms for NBFCs
The RBI is considering interest rate norms for NBFCs to standardize lending practices and enhance consumer protection across the financial sector.