RBI makes prepaid instruments on a par with bank a/cs
MUMBAI: The RBI has extended payments system access to KYC-compliant prepaid instrument issuers and standalone credit card companies and brought …
banks
Gross NPAs of banks may rise to 9.6-9.7% by March-end: Report
MUMBAI: As the impact of various relief measures, including a moratorium on loan repayment and asset classification standstill wanes off, …
FCI helps Punjab stave off crisis by lifting wheat stock
NEW DELHI: The Food Corporation of India (FCI) under the central government has helped the Punjab government tide over a …
RBI extends timeline for processing of recurring online transactions
NEW DELHI: The Reserve Bank of India (RBI) on Wednesday extended the deadline for processing recurring online transactions to September …
Repay compound interest paid by borrowers, IBA tells banks
MUMBAI: The Indian Banks Association (IBA) has asked its members to exclude the moratorium period while calculating the number of …