The Reserve Bank of India (RBI) believes that the Insolvency and Bankruptcy Code (IBC) is probably the best mechanism for creditors to recover their dues and said the right way to look… Read More...
RBI’s Monetary Policy Committee (MPC) hiked the benchmark policy rate (repo rate) by 35 bps to 6.25%. 5 out of 6 MPC members voted in favour of hiking the Repo rate by 35 bps while 1… Read More...
The MPC voted to raise the repo rate by 35 bps (5-1 majority) taking it to 6.25% as expected by majority of market participants, while remaining focused on withdrawal of accommodation… Read More...
The Reserve Bank of India's proposal to bring credit information companies (CICs) under the integrated ombudsman scheme, which will bring consumer complains against such companies under… Read More...
Image Source : PTI/ REPRESENTATIONAL (FILE). Mixed reaction to RBI article warning signs of stress due to high debt in several states. HighlightsRBI write-up flagging concerns… Read More...