MUMBAI, Jan 31 (Reuters) – Banks’loan growth moderated for a sixth straight month in December, the RBI data showed on Friday, as the impact of the Reserve Bank of India’s tighter lending norms for unsecured loans continued to ripple through the system.
New Delhi, Dec 17 (PTI) Finance Minister Nirmala Sitharaman on Tuesday said the ED (Enforcement Directorate) has restored properties worth Rs 22,280 crore to the victims or rightful claimants and asserted that the fight against economic offenders will continue unabated. Replying to
New Delhi, Dec 6 (PTI) Finance Ministry on Friday asked banks and financial institutions to use artificial intelligence tools including MuleHunterAI developed by the Reserve Bank to rein in growing financial frauds. In a meeting chaired by Financial Services Secretary M Nagaraju,
Nov 23 (Reuters) – Gautam Adani’s conglomerate could find it harder to get funding following a U.S. arrest warrant for its billionaire founder, with some banks considering halting fresh credit to the Indian group due to an alleged $265 million bribery scheme.