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RBI Crackdown On KYC Violators Has A Hidden Agenda: Ring-Fencing Fintechs
While banks and non-bank finance companies have got the stick too, one cohort that has...
Markets Search For New Asset Classes To Pile In
Investors have begun selling NBFC stocks after RBI cracked down at least two of them, both...
Equity Markets Weak But Bond Markets Get A Bloomberg Index Boost
After JP Morgan included Indian Government bonds in its emerging market index, Bloomberg...
IIFL, Paytm Crackdowns Show RBI Wants To Nip Misgovernance In The Bud
IIFL Finance was reportedly sanctioning loans without fully checking the purity of the...
World Markets Hit Highs Again
World markets highs were led by Japan's Nikkei 225 which closed above the 40,000 mark on...
RBI's Paytm Crackdown: Loyal Users Jumping Ship Doesn't Bode Well For Its Business
Founder Vijay Shekhar Sharma has assured Paytm users that their money isn't going...
Recovery Firms Thrive As Bureaucracy Keeps People From Claiming Their Own Money
Funds recovery firms developed in the last five to eight years and help claimants recover...
‘Agents' Are Making A Quick Buck In Last-Minute Rush To Exchange Rs 2,000 Notes Outside RBI
The exchange of out-of-circulation currency notes is done up to Rs 20,000 and nobody knows...
RBI Leaves Rates Unchanged, Raises GDP Projection To 7%
The Reserve Bank of India's Monetary Policy Committee (RBI MPC) kept the repo rate...
RBI Rules Around Unsecured Loans Cautionary In Nature, Says CRISIL's Ajit Velonie
According to Velonie, unsecured personal loans constitute a very small portion of overall...
RBI Governor Says NBFCs Must Reduce Dependence On Banks
India's central bank Governor Shaktikanta Das warned banks to undertake stress tests and...
Markets Brace For Middle East Tension Impact
Bloomberg reported that major equities gauges in the Middle East region fell Sunday, led...
