Banking

The Reserve Bank of India (RBI) is set to usher in a significant change in the financial sector with new regulations aimed at standardizing loan rate setting across banks and Non-Banking Financial Companies (NBFCs). These proposed rules are expected to put an end to what has been termed "loan ... Read full article.

In a significant development for the Indian banking sector, the Reserve Bank of India (RBI) has given its approval for the appointment of former Finance Secretary and ex-Chief Election Commissioner, Rajiv Kumar, as the Part-Time Chairman of HDFC Bank. This crucial appointment is set for a period of ... Read full article.