News

Day: December 30, 2024

Blog
RBI warns of risks in retail lending and rising write-offs

RBI Financial Stability Report: India’s banking regulator highlighted in its financial stability report that while the growth of unsecured retail lending has moderated, other indicators point to potential vulnerabilities.

Blog
RBI introduces name lookup for RTGS and NEFT

This facility will allow remitters to verify the beneficiary’s name before initiating a transaction, reducing the risk of errors and fraudulent transfers.