RBI may tighten regulations on top-up loans to mitigate risks, including treating loans against movable assets as unsecured.
The RBI had announced the committee on December 6 as part of its Statement on Developmental and Regulatory Policies.
Non-banking financial companies (NBFCs) need to diversify their sources of funding further as a risk mitigation strategy, as ...
The Reserve Bank of India (RBI) has had 25 governors to date. Notably, 14 of these governors were civil servants. In recent ...
RBI has set up a committee to develop a framework for responsible and ethical enablement of artificial intelligence (FREE-AI) ...
RBI report highlights concerns over high employee attrition rates, dark patterns, top-up loans, and improving bank asset quality.
The committee will also try to identify potential risks associated with AI and a framework to evaluate and monitor the use of ...
Banks' gross non-performing assets ratio (NPA), or the proportion of bad assets to total loans, slipped to an over-13-year ...
The Reserve Bank on Thursday announced the setting up of an eight-member committee to develop a framework for responsible and ...
RBI committee develops framework for ethical AI in finance, assessing global adoption and recommending governance aspects.
Public and private banks, along with foreign lenders, have witnessed a year-on-year decline in the proportion of insured ...
Headed by IIT Bombay professor Pushpak Bhattacharyya (Department of Computer Science and Engineering), the panel will assess ...
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