Personal finance

One of India’s top shadow financiers by assets is betting that central bank easing will bring an end to the nation’s prolonged credit crisis. (PTI photo)One of India’s top shadow financiers by assets is betting that central bank easing…
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BBPS functions under the aegis of National Payments Corporation of India (NPCI).In a consumer friendly initiative, the RBIon Monday expanded the scope of Bharat Bill Payment System (BBPS) to cover all repetitive bill payments, which may…
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About 20% of all active credit-card customers in India are in the highest category of creditworthiness, according to TransUnion Cibil.Any financing that’s secured by collateral — steel mills, textile factories, power plants, roads or…
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The RBI’s recent circular has mandated the banks to link all the floating loans to retail customers and MSMEs to an external benchmark from October 1.Even as RBImade it mandatory for banks to link all floating loans to external…
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Nearly half of Rs 4.1 lakh crore of stressed assets are part of power, infrastructure and steel sectors put together.Even as gross non-performing assets (NPAs) are expected to come down marginally by end of ongoing fiscal, assets over Rs…
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