RBI Deputy Governor Swaminathan J warns that rapid growth in digital lending and platform-based models could raise risks if credit is not responsibly underwritten ...

Public sector banks collected over Rs 8,000 crore as penalties for not maintaining minimum balance in the last three financial years. The Finance Ministry has clarified whether the government plans to ...

Ahmedabad: The Reserve Bank of India (RBI) on Monday launched the sixth edition of the Digital Payment Awareness Week (DPAW) in Ahmedabad with a women-centric outreach programme, highlighting ...

Banks Offer Zero-Balance Accounts To Promote Financial Inclusion: Sitharaman. New Delhi, Mar 9 (KNN) Finance Minister Nirmala Sitharaman on Monday said that banks provide zero-balance savings account ...

Explore how Indian fintech is evolving towards financial wellness platforms, focusing on enhancing overall financial health ...

But opening a bank account or owning a mobile phone doesn’t necessarily mean that financial inclusion, especially of women at ...

Societe Generale, BBVA, BancoEstado, CIBC, and Scotiabank are leading sustainable finance, with green bonds, impact investing ...

Among others, it was proposed to introduce a framework to compensate customers up to Rs 25,000 for losses incurred in small-value fraudulent transactions. In the monetary policy statement, the ...

India, March 10 -- About 72 crore Basic Savings Bank Deposit Accounts (BSBDA), including those under the PM Jan Dhan scheme, ...

CA Grameen has cemented its position as a frontrunner in the NBFC space by raising funds from global markets in a bid to diversify its liability franchise. With this transaction, the Company has ...

A microfinance company decided to surrender its RBI registration after severe financial stress and rising NPAs. The decision was taken to ensure regulatory compliance and manage capital adequacy ...