RBI issues new guidelines for fair lending practices

Aug 18, 2023

The RBI's move comes as part of its ongoing efforts to ensure that borrowers are treated fairly and to address customer grievances arising from...

China's lending practices push Maldives toward sovereign default

Mar 13, 2025

The Maldives is grappling with a mounting debt crisis that threatens its economic sovereignty, as foreign exchange reserves dwindle to precarious levels while substantial...

China needs to improve its lending practices: World Bank President

Apr 14, 2022

Warsaw [Poland], April 14 : China needs to improve its lending practices in the developing world, especially in terms of transparency in the loans...

"Don't think that Maldives can prosper without...India": Former President Nasheed

Mar 17, 2025

Nasheed's comments come as the Maldives faces a mounting debt crisis, exacerbated by China's lending practices and trade policies.

RBI cancels registration of five NBFCs due to irregular lending practices

May 25, 2022

Mumbai (Maharashtra) [India], May 25 : The Reserve Bank of India (RBI) on Wednesday said it has cancelled the Certificate of Registration (CoR) of...

RBI announces to create repository to check unauthorised lending Apps

Aug 08, 2024

The Reserve Bank of India (RBI) has announced measures to check unauthorized lending Apps and to prevent consumers from such illegal practices.