Tag: credit
fldg: RBI rules on FLDG could give lending fillip to fintechs
The Reserve Bank of India (RBI) is all set to allow fintechs to take first loss default guarantee on loans, a move that will see…
credit rating mechanism: Finance Ministry, ADB organise workshop on Expected Loss-based Credit Rating Mechanism
The Ministry of Finance and Asian Development Bank (ADB) on Monday organised a workshop on Expected Loss-based Credit Rating Mechanism. The workshop was addressed by…
Nitin Gadkari: Changes in the works for surety bonds to make them lucrative: Nitin Gadkari
Changes will be made to the surety bond offering in road making contracts to make it more lucrative said Road Transport and Highways Minister Nitin…
tcs: No TCS on overseas spending up to Rs 7 lakh per year by credit or debit cards: GOI
The Government of India on Friday has announced that individuals making payments using their international debit or credit cards, up to Rs 7 lakhs per…
S&P retains India credit rating; expects sound fundamentals to underpin growth
The Indian economy is performing well amid challenging global conditions and sound fundamentals will underpin its growth over the next two to three years, S&P…
Govt to set up high-level panel for smooth implementation of national credit framework (NCrF)
The government will soon set up a high-level panel for smooth implementation of the national credit framework, which will come into force from August 2023….
rbi: RBI imposes over Rs 1.73-cr fine on HSBC for wrong credit card data
The Reserve Bank of India (RBI) has imposed a penalty of Rs 1,73,75,000 on The Hongkong and Shanghai Banking Corporation Limited (HSBC Ltd) for the…
credit card payments: Can’t manage your credit card payments? Seek help before it’s too late
Arnav Pandya, Founder, Moneyeduschool, says a lot of credit card expenses are on the spot or on the spur of the moment expenses where people…
Capital Adequacy Ratio: RBI asks banks to remain prepared for shocks, have strong capital back up
The Reserve Bank of India wants bank managements and their boards to be on their toes all the time even as they have strong capital…
India’s production incentive scheme draws $6.54 bn in investments- Statement
A key Indian government scheme designed to spur local production has drawn investments totaling 535 billion rupees ($6.54 billion) till December 2022, a trade ministry…