India's RBI partly dials back strict loan rules for micro credit, non-bank lenders
The Reserve Bank of India has partially reversed tighter rules for bank loans to small borrowers and non-bank lenders, ...
Business Line6d
RBI raises ceiling on small value loans for UCBs, ups home loan limit
In a bid to give more flexibility to these banks, RBI said the aggregate exposure of a UCB to residential mortgages (housing loans to individuals), other than those eligible to be classified as ...
Indiatimes5d
'RBI's loan prepay fee ban to hit NBFCs more than banks'
RBI's proposal to remove foreclosure charges on loans up to Rs 7.5 crore could significantly impact PNB Housing Finance and Aditya Birla Capital, with 27% and 26% of their assets in floating-rate ...
Business Today5d
RBI eases curbs on New India Co-op Bank: 50% of depositors can withdraw full balance, others up to ₹25,000
Days after imposing strict restrictions on New India Co-operative Bank, the Reserve Bank of India (RBI) has eased withdrawal limits. Starting February 27, customers will be allowed to withdraw up ...
Yahoo Finance6d
India's RBI allows New India Co-op Bank depositors to withdraw up to 25,000 rupees
The RBI on Feb. 13 barred the lender from issuing new loans, suspended deposit withdrawals for six months and appointed an administrator, citing supervisory concerns and the lender's liquidity ...
Yahoo Finance6d
India's central bank relaxes certain norms for urban co-operative banks
The RBI has also increased the aggregate exposure limit for residential mortgages to 25% of its total loans and advances. Exposure of UCBs to the real estate sector, excluding housing loans, is capped ...
Reuters6d
Indian central bank likely intervened to halt rupee's decline, traders say
Still, the local currency was down 0.5% on the day. The RBI sold dollars "relatively quickly" via state-run between 87.20-87.24, a spot trader at a small private bank said. Sign up here.