RBI is expected to update its Fair Practices Code within months, introducing guidelines on phone-locking mechanisms, says ...

Last year, the Reserve Bank of India asked lenders to halt locking phones of defaulting borrowers, the sources said. The ...

The rating agency said that this inflation trajectory could translate into another 25-basis-point rate cut this year by the ...

Exporters are seeking a 12-month moratorium on principal and interest payments on their loans, according to a written request ...

Under the updated guidelines, lenders would be required to secure prior consent from borrowers before using any locking ...

States that provide financial assistance in the form of subsidies and grants are witnessing stronger adoption of two-wheeler electric vehicles (2W-EVs), according to a study report by the Reserve Bank ...

The report has projected India's GDP growth to remain steady at 6.5 per cent in FY26, with some downside risks owing to ...

In a statement, the RBI said a statutory inspection of the company was conducted by the central bank with reference to its ...

The RBI said its inspection of PhonePe’s operations between October 2023 and December 2024 revealed that the company’s escrow ...