The Reserve Bank of India has implemented stricter guidelines for lenders to prevent coercive practices and harassment during debt collection, aiming for fairer treatment of borrowers amidst growing concerns over recovery tactics. The Reserve Bank of India has moved to…
Religare Enterprises’ plan to split into separate listed lending and insurance businesses has been stalled after the Reserve Bank of India declined approval, complicating the company’s strategic ambitions. Religare Enterprises’ plan to separate its lending and insurance operations into two…
India’s central bank plans to restrict non-bank lenders from offering revolving credit and flexi loans, prompting market jitters and potential product redesigns among major firms like Bajaj Finance amid a broader crackdown on digital lending practices. India’s central bank has…
The Indian government’s deliberations on reintroducing transaction fees on UPI threaten to undermine the country’s digital payments revolution, with most users opposed to paying for what has been a free service. India’s debate over UPI pricing has intensified after the…
With college fee deadlines imminent, many Indian students are experiencing delays in accessing National Scholarship Portal funds, prompting guidance on resolving common transaction issues and ensuring timely aid transfer. With college fee deadlines closing in, many Indian students are finding…
Paying rent in cash does not automatically disqualify salaried employees from claiming house rent allowance exemption in India; however, strict documentation and record-keeping are essential to substantiate the claim amid increasing scrutiny and regulations. Paying rent in cash does not…
Mumbai-based Bandhan Life Insurance has introduced new ULIP products following its rebranding, focusing on digital customer experience, flexible investment options, and long-term wealth-building despite competitive challenges and mixed financials. Bandhan Life Insurance, the private insurer based in Mumbai, has built…
The Indian stock market is experiencing a significant shift as younger, more digitally connected investors, including women, are driving rapid growth and regional diversification, according to NSE data and industry reports. India’s stock market is drawing in a younger, wider…
As the festive season approaches, investors are turning to gold and silver funds, especially digital options, as a hassle-free, cost-effective way to gain precious metals exposure without the drawbacks of physical ownership. Experts advise a cautious, diversified approach for portfolio…
The Reserve Bank of India has maintained Tata Sons’ status in the upper-layer non-bank financier category for FY27, keeping alive the possibility of an eventual stock market listing amid regulatory and asset-based shifts. Tata Sons is once again at the…
