1 As per Para 6 of the Guidelines on Default Loss Guarantee (DLG ... 9 Whether REs are allowed to enter into DLG arrangements for credit cards as defined under Master Direction – Credit Card and Debit ...
Spreads on U.S. one-year credit default swaps (CDS) - market-based gauges of the risk of a default - widened to 49 basis points on Thursday, according to S&P Global Market Intelligence data ...
Spreads on U.S. one-year credit default swaps (CDS) - market-based gauges of the risk of a default - widened to 49 basis ...
On 8th August 2024, the Reserve Bank of India (RBI) made an important announcement about the frequency of credit information reporting by banks/NBFCs to credit information companies (CICs ...
The RBI’s rebuke signals a tightening grip over MFIs, which now face increasing pressure to strike a balance between business viability and social responsibility. | Photo Credit: REUTERS The ...
Stressed loans in microfinance jumped in the April-June quarter across states and lender groups, even as non-bank finance companies grew their microfinance portfolio rapidly, a sign that some ...
State-run Canara Bank may not reapply for a credit card subsidiary after the Reserve Bank of India (RBI) turned down its proposal, said Managing Director and Chief Executive Officer K ...
(Bloomberg) -- In a niche corner of global debt markets, a product first structured three years ago by a group of Credit Suisse bankers is having a moment. The instrument — a so-called debt-for ...
But the real question is: why are NBFCs being singled out when credit card rates are higher? If there's a concern about a 30% interest rate being too high, then shouldn’t the RBI be cracking ...