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

The Reserve Bank of India (RBI) has announced to cut the repo rate by 25 points, and stakeholders particularly from the industries that use credit as ... is now under control, the fiscal deficit ...

The cost of living eased in February, with inflation dipping below 4%. The central bank’s policy pivot last month towards growth-support looks valid. How durable price stability proves, though, is an ...

That echoes well with the pro-growth sentiments at the reconstituted monetary policy committee (MPC) headed by the new ...

Under the new leadership, the Reserve Bank of India (RBI) is ‘undoing’ some of the measures taken during the previous regime ...

Borrowing by individual consumers has been an important source of credit growth since the pandemic. The RBI did introduce measures to curb this growth, leading to a slowdown in credit growth since ...

It’s now taken control. Following the Carrols and PLK China acquisitions, RBI established a new operating and reportable segment, Restaurant Holdings. That comprises results from Carrols Burger King ...

For Kotak to be able to issue new credit cards is pivotal because the unsecured loan segment is a high-yielding one and the RBI's move could help the bank in terms of fee income as well as net ...

The Reserve Bank of India (RBI) removed the restrictions on Kotak Mahindra Bank, enabling it to onboard new customers through its online channels and issue fresh credit cards. The decision came ...