The Reserve Bank of India (RBI) has tightened regulations under the Payment and Settlement Systems Act to ensure compliance and enforcement actions. The revised framework allows for imposing higher ...

Udupi: Microfinance institutions, lenders, and other financial entities operating in the district must strictly follow the guidelines and regulations .

Indian banks and prominent financial institutions are facing margin pressure according to S&P Global Market Intelligence. This is impacting loan growth and margins for the banking sector.

The IBC has the potential to strengthen India's economic fabric, but its misuse as a tool for corporate vengeance risks ...