Tag: RBI

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

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

Legitimate loans can be offered by banks, non-banking financial companies registered with RBI and entities which are regulated by the state governments

RBI, India Ratings, SBI, Nomura, Bank of America-Merrill Lynch, Morgan Stanley, ICRA, CARE... all proven wrong by India's latest GDP figures

Strike a balance between regulating NBFCs more tightly and the need to provide the required flexibility: RBI deputy governor Rajeshwar Rao

The KV Kamath committee had recommended lenders to consider 26 sectors while finalising their loan resolution plans in view of Covid-19

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'

RBI’s note also pointed out that countries such as the UK, France, Germany and Italy do not make such a classification