RBI modifies AIF norms in a relief to lenders
In a relief to banks and non-banking financial companies (NBFCs), the Reserve Bank of India (RBI) relaxed the norms it
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lenders
Rupee trade: Indian banks weigh the risks of tying up with Russian lenders
Indian banks are weighing the risk of opening correspondent banking relations with Russian banks, including ones that have a presence
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Credgenics launches CG Collect App to help lenders and collection agents
This loan recovery application includes features like tracking on-field collections of loans in real-time, in-app calling, e-receipts for deposits, access to legal notices, recovery dashboards, and more.
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After RBI relaxation, lenders are likely to declare nominal dividends in Q4 result
Lenders are likely to declare nominal dividends for FY21 after RBI relaxed restrictions in this respect. RBI has recently allowed
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RBI allows commercial lenders to pay up to 50% of pre-COVID dividends
RBI has recently relaxed the dividend payout norms of commercial banks and allowed them to pay up to 50% of
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