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Banking Finance Year 2025 February 2025 Industry News

Credit Card Spending Falls 16% from Festive Highs

February 17, 2025February 17, 2025 admin 0 Comments banking news, Banking Sector, consumer spending, credit card issuance, credit card spending, credit market trends., festive season, financial regulation, India finance, November credit card data, rbi, risk weight, unsecured lending

Credit card spending in November decreased by 16.1% month-on-month (M-o-M) to Rs. 1.7 trillion, attributed to a moderation in consumer

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Banking Finance Year 2025 February 2025 RBI NEWS

RBI Introduces Secured Overnight Rupee Rate (SORR)

February 17, 2025 admin 0 Comments Banking Sector, financial markets, financial regulation, India banking news., interest rate benchmark, Market Repo, Money Market, overnight market, rbi, RBI policy, Secured Overnight Rupee Rate, secured transactions, SORR, TREPS, tri-party repo

The Reserve Bank of India has launched a new interest rate benchmark, the Secured Overnight Rupee Rate (SORR), to enhance

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