The trend of credit cards is increasing rapidly in India. A credit card means a card in the hands of the user, with which he ...

The RBI has cautioned NBFCs on perpetual credit lines, citing risks of loan evergreening and financial instability, urging ...

RBI feels that such perpetual lines of credit may encourage behaviour, which may be classified as evergreening of loans.

The Reserve Bank of India has released the score card for the post of Officers in Grade 'B' (DR) - Department of Economic and ...

Merchant payments now account for around 62 percent of all UPI transactions, up from 40 percent in January 2022 ...

The RBI said it is “satisfied” with the remedial measures undertaken by the private sector lender, and allowed it to issue new credit cards and onboard new customers through the online and ...

Credit card spends have increased by 10.8 per cent YoY to Rs 1.84 trillion in January 2025, latest data released by the Reserve Bank of India (RBI) showed.

Lines of credit are usually provided to individuals or small business owners. This product enables the borrower to withdraw ...

The average spend per transaction was Rs 4,282, showing a 15 per cent YoY decrease, reflecting evolving consumer behaviour ...

Since Sanjay Malhotra took office as governor in December, the Reserve Bank of India (RBI) has adopted a more accommodative ...