The RBI has cautioned NBFCs on perpetual credit lines, citing risks of loan evergreening and financial instability, urging ...

RBI feels that such perpetual lines of credit may encourage behaviour, which may be classified as evergreening of loans.

Lines of credit are usually provided to individuals or small business owners. This product enables the borrower to withdraw ...

Merchant payments now account for around 62 percent of all UPI transactions, up from 40 percent in January 2022 ...

Retail credit growth slowed to 12% in January 2025, down from 29% last year, with unsecured loans growing 9%, consumer ...

Credit card spends have increased by 10.8 per cent YoY to Rs 1.84 trillion in January 2025, latest data released by the Reserve Bank of India (RBI) showed.

The outstanding NPA amount in the segment surged to Rs 97,543 crore as at end of December 2024, compared to Rs 68,547 crore ...

RBI's Financial Stability Report 2024 highlights rising household debt, increased consumption loans, and potential macroeconomic weaknesses in India.

Credit growth in India continued to moderate in January 2025, with non-food credit offtake slowing to 11.4 per cent ...

The Reserve Bank of India plans to implement stricter underwriting processes for gold loans, urging banks to enhance ...

Recent data released by the Reserve Bank of India (RBI) indicate a slowdown in the growth of personal loans within India's ...