The Reserve Bank of India (RBI) has released Guidelines for DLG (Default Loan Guarantee) as part of its Digital Lending Guidelines. According to the guidelines, banks regulated by the RBI can now enter DLG agreements with other lenders and lending service providers. Released on June 8, 2023,...
RBI hikes key lending rate, CRR; retail loans to cost moreByA Staff Writer
1. Introduction of Securities Lending and Borrowing in Government Securities A well-functioning market for securities lending and borrowing will add depth and liquidity to the Government securities market, aiding efficient price discovery. It is, therefore, proposed to permit lending and borrowing of Go...
the risk to your returns comes from the possibility of borrowers whose loans you have invested in defaulting i.e. not repaying. this type of risk is common to all investments in lending whether the lending is done by a bank or investors like...
As per the report, increase in term deposit rates in the current tightening cycle has been more than increase in lending rate. The report said that this has helped in improving the lenders’ net interest margins (NIM). The net interest margin is the difference between the interest earned by...
RBI will create public repository of digital lending apps to check unauthorised players. RBI will introduce ‘Delegated Payments’ through UPI. It proposed steps to speed up cheque clearance. The next meeting of MPC will take place from October 7 to 9, 2024. ...
The Home Loan application process involves navigating a set of mandatory rules and regulations to ensure a transparent and responsible lending environment: Know Your Customer (KYC) One of the initial steps in your Home Loan application is submitting the KYC documents. These documents include proof of...
RBI directs banks to assess impact of new LCR norms on liquidity, lending RBI expected to transfer another bumper payout to govt, say analysts Government waives late fee for delayed GST filings 23-01-2025 Rupee strengthens to 86.33 as dollar index falls, RBI swaps aid gains ...
Marginal Cost of Fund Based Lending Rate: Reserve Bank of India: Overnight: Low (% 每年) 8.150 Dec 2024 月度 Apr 2016 - Dec 2024 Statutory Liquidity Ratio (%) 18.000 07 Feb 2025 每日 16 Mar 1949 - 07 Feb 2025 有效汇率指数:贸易:6种货币:实际:2004-05年价格 (2004-2005=100) 125.173...
The RBI isalso runningpilot experiments with using the Central Bank Digital Currency (CBDC) to provide credit to tenant farmers, who often struggle to access agricultural credit as they do not have the land title to submit to banks or lending institutions. ...