"Just like the Unified Payments Interface (UPI) changed the payments ecosystem, we expect ULI to transform the lending landscape," says the RBI Governor.

Credit card companies now need to provide fortnightly reports of cardholders' credit habits to CIBIL or Experian, instead of the earlier monthly frequency.

To recover funds sent to the wrong UPI ID, contact your bank or UPI provider immediately with transaction details. Act quickly if you find yourself in this situation.

SEBI has banned Anil Ambani and 24 others, including ex-executives of Reliance Home Finance, from the securities market for 5 years due to misdirection of company funds.

US Fed Chair Jerome Powell's speech at the Jackson Hole symposium today is closely watched by investors for hints on future interest rate cuts, amid cooling inflation and concerns over rising unemployment.

Shaktikanta Das received the “A+” rating along with Christian Kettel Thomsen of Denmark and Thomas Jordan of Switzerland; this is Mr Das's second consecutive time receiving a positive rating.

Primus is India’s first credit card proposition tailored for ultra-high net worth individuals. Axis Bank will offer it “by invitation only”.

`The myth of a flagging deposit growth appears as just a statistical myth with credit growth outpacing deposit growth being tom-tommed as a deceleration in deposit growth,' an SBI report claims.

An RBI circular also wants NBFCs to inform depositors of the maturity details at least two weeks ahead of the maturity date.

It will provide borrowers with a tool to identify spurious lending apps; In 2022, Google dropped 2,500 lending apps from the Play Store.