The move by RBI is expected to have significant ramifications, affecting loan growth, lending rates, and capital adequacy, particularly for weaker lenders
Read MoreAn increase in risk weight necessitates lenders to allocate more capital for these loans, impacting both the capital adequacy ratio and profitability of banks
Read MoreThe action is based on deficiencies in regulatory compliance
Read MoreThe transaction involves Bupa Singapore Holdings acquiring shares in Niva Bupa Health Insurance Company from Fettle Tone LLP through a secondary purchase
Read MoreStar Health unveils digital health policy with five optional covers, available for individuals and families with coverage from Rs 5 Lakh to Rs 1 Crore
Read MoreThe Reserve Bank has levied monetary fines on Manappuram Finance and Anand Rathi Global Finance for regulatory compliance lapses
Read MoreConsumer credit earlier attracted a risk weight of 100 per cent which will now stand at 125 per cent
Read MoreRisk Weight for Consumer Credit of Commercial Banks and NBFCs Raised from 100 to 125 per cent
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