At the same time, banks resorted to borrowings at higher interest rates and increased deposit rates to bridge the ...
RBI report highlights concerns over high employee attrition rates, dark patterns, top-up loans, and improving bank asset quality.
RBI may tighten regulations on top-up loans to mitigate risks, including treating loans against movable assets as unsecured.
Reserve Bank of India data showed that bank fraud cases have risen 27 per cent year-on-year to a total of 18,461 cases in the ...
NBFCs also secured funds from foreign sources, mainly through external commercial borrowings (ECBs) and issuance of debentures.
A Bench of Justices Bela M Trivedi and Satish Chandra Sharma last week held that the interest rate charged by banks could not ...
The slippage ratio, which measures new accretions to NPAs as a share of standard advances at the beginning of the year, also ...
The committee will also try to identify potential risks associated with AI and a framework to evaluate and monitor the use of ...
The Reserve Bank of India (RBI) has announced that it has constituted a committee to develop a Framework for Responsible and Ethical Enablement of Artificial Intelligence (FREE-AI) in the Financial ...
Madhya Pradesh High Court has stayed the Dec 31 AGM of Religare Enterprises Ltd, amidst a dispute between Chairperson Rashmi ...
The committee will also recommend a framework including governance aspects for responsible, ethical adoption of AI models/applications in the Indian financial sector.
The Reserve Bank on Thursday announced the setting up of an eight-member ... the current level of adoption of AI in financial ...