RBI allows NBFCs to factor in default loss guarantees from lending apps while computing ECL provisions, tightening uniformity without diluting prudential safeguards
Fifteen global firms launch cross-border tech alliance at Munich Security Conference to back transparency, security and data protection across digital stack
Regulator to launch revamped MyCall app by March to improve quality of service and curb spam, as updated DND and MySpeed apps offer multilingual support and easier complaints
Investors are moving away from commercial papers towards certificates of deposit as issuances and rates rise, with banks tapping CDs to manage deposit tightness, RBI data show
Semiconductor major to invest up to $400 million over 10 years in Chennai innovation hub, expected to generate 4,000 jobs and boost AI-led chip research
Airfares to Colombo surge up to 50 per cent ahead of India-Pakistan clash on February 15, with hotel tariffs also moving up amid strong cricket-driven travel demand