If there is any proposal of bad banks, the Reserve Bank of India (RBI) will examine the proposal, RBI Governor Shaktikanta Das during 39th Palkhiwala Memorial lecture on Saturday. ...
Funding long-term goals requires smart investments. However, most investments warrant a lump sum amount to get started, which is not always possible for individuals living from paycheck to paycheck. ...
As bank Fixed Deposit rates hover around the 4-6 per cent mark, people are switching to corporate FDs to earn higher returns. While these FDs promise attractive returns, there is always a question of safety of deposits. ...
Union Finance Minister Nirmala Sitharaman on Thursday will review the implementation of the resolution framework for COVID-19 related stress in bank loans with the top management of Scheduled Commercial Banks and NBFCs. ...
Gold loan non-banking finance companies (NBFCs) are unlikely to be significantly impacted by the Reserve Bank of India's new guidelines allowing banks to lend up to 90 per cent of the gold value as prudent lending practices may demand lenders to be c ...