Tag: RBI
India
Google pulls down 100 loan apps after RBI warning
The RBI had alerted Google to hundreds of money-lending apps that were live on the Play Store despite being non-compliant with local rules
Podcast
News podcast in English, Hindi: 12 January 2021
News reports received in the morning of 12 January 2021, read by Sirf News' Editor-in-Chief Surajit Dasgupta: Total duration: 10 min 2 s
Economy
RBI cautions public against unauthorised digital lending apps
Legitimate loans can be offered by banks, non-banking financial companies registered with RBI and entities which are regulated by the state governments
Economy
GDP figures better than predictions by ‘experts’ in economy
RBI, India Ratings, SBI, Nomura, Bank of America-Merrill Lynch, Morgan Stanley, ICRA, CARE... all proven wrong by India's latest GDP figures
Business
NBFCs will shrink to irrelevance if not…
Strike a balance between regulating NBFCs more tightly and the need to provide the required flexibility: RBI deputy governor Rajeshwar Rao
Economy
‘Loan moratorium can’t be extended, will vitiate credit discipline’
The KV Kamath committee had recommended lenders to consider 26 sectors while finalising their loan resolution plans in view of Covid-19
Editorial
GST Council Imbroglio A Farce By Obstructionists
A government can't be responsible for the correction of poor policies of another, which pushed a few states to GST deficits worse than others'
Economy
RBI seeks exemption from data protection law
RBI’s note also pointed out that countries such as the UK, France, Germany and Italy do not make such a classification