RBI
RBI yet to explain its move against PMC Bank
25 Sep 2019
RBI-appointed officer JB Bhoria is currently overseeing the working of PMC Bank, although it is unclear whether RBI has taken over management of the bank or is merely overseeing in the interim ahead of loosening these restrictions
RBI opens taps, enables banks to lend more to consumers
13 Sep 2019
Besides reducing the risk weight for banks’ consumer loans and personal loans to 100 per cent from 125 per cent, RBI also raised bank’s exposure limit to a single NBFC from 15 per cent to 20 per cent of its Tier-I capital
Retail, MSME loans to be cheaper with external benchmark
05 Sep 2019
RBI has directed banks to link retail and MSME loans to an external benchmark such as repo rate, treasury bill yield or any other benchmark interest rate published by the Financial Benchmarks India Private Ltd, beginning 1 October
RBI weighs linking all new loans to RBI’s policy rates
19 Aug 2019
RBI has kept the external benchmark (lending rate) in abeyance because it wanted to see how the market evolved, RBI governor Shaktikanta Das said, adding that while the banks have responded, the process needs to be faster
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