The Indian banking sector is set to gain in 2025 as short-term borrowing costs are expected to drop. This decline can boost liquidity, increase profitability, and drive credit growth, reinforcing the financial system. The recent drop in short-term borrowing costs has proven beneficial for banks, leading to higher profitability and expanded lending. Financial institutions can …
The Reserve Bank of India (RBI) will announce its December 2024 Monetary Policy this week, and there is much speculation about possible changes to the repo rate and other measures. Experts think the RBI will likely keep the interest rate unchanged and may lower its growth forecast due to weak GDP numbers from the second …
On November 6th, 2024, the RBI (Reserve Bank of India) announced amendments to its Master Directions on KYC (Know Your Customer) guidelines with immediate effect. The Central Government made this announcement through a circular on November 6th to enhance security, promote transparency, and improve risk management in the financial sector. The amendment to the Master …
In recent times, it has become increasingly difficult to fulfill all your needs and desires solely with your salary or other sources of income. As a result, people often need to take out various types of loans to meet different expenses. For instance, home loans are used for purchasing residential property, car loans for buying …
If you’re considering taking out a loan in the near future, it’s essential to stay informed about the recent Reserve Bank of India (RBI) guidelines for loan regulations. Effective from October 1, these changes will impact certain types of loans, particularly those in the Retail and MSME (Micro, Small & Medium Enterprises) sectors. In this …
