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RBI Establishes Guidelines for Online Loan Aggregators
RBI updates guidelines for online loan aggregators and tightens rules for fintechs offering loan guarantees, ensuring fair and transparent lending.
Savings remain healthy at 30%; uptick in housing loans driving credit...
Countries needing higher levels of investment will be dependent on savings
Forecast upbeat on credit offtake in 2024
Bank credit offtake rises 20.3% to Rs159.7 lakh cr in 2023; Merger of HDFC with HDFC Bank, growth in personal loans drove the merger: CareEdge
SBI loans turn dearer
State lender raises interest rate to 10.25% from 10.10%; It’s effective from Dec 15
Unsecured loans space credit positive for banks: Moody’s
Loss-absorbing Buffer ♦ The segment is exposing FIs to a potential spike in credit costs New Delhi: The RBI’s decision to tighten norms for...