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Category: Finance
RBI proposes removing cap on interest rates for micro-l...
The prescribed ceiling on lending rate for NBFC-MFIs has had an unintended consequence of not allowing competition to play out and...
HDFC Bank mobile app down for 1 hour; issues resolved
The bank’s IT infrastructure is under the Reserve Bank of India (RBI) audit for a series of technical problems reported earlier.
Uniform rule for MFIs may lead to competitive loan pric...
It would, however, remain to be seen that how would removing the margin cap for NBFC-MFIs lead to a reduction in interest rates fo...