Only in March 2020 did PSBs see a marginal rise in credit to private firms amid a rush for credit in the initial months of the lockdown. In a reversal …
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RBIs
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- Finance
RBI’s new draft on dividends to make NBFCs balance sheet strong, create surplus for fresh loans
As the risk profile of NBFCs is changing at a fast pace, there was a need for a regulatory framework for dividend declaration. RBI’s latest draft on the declaration of …
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To make cheques safer, the Reserve Bank of India (RBI) has asked banks to implement a system called Positive Pay from January 2021. The system adds an extra layer of …