Former ICICI Bank CEO Chanda Kochhar and her husband Deepak Kochhar have been arrested via way of means of the CBI on Friday in a case connected to alleged irregularities in an over ₹ 3,000-crore mortgage furnished to the Videocon Group whilst she become heading the personal zone financial institution. Chanda Kochhar, 59, had cease […]
RBI REPO RATE: LOANS TO GET COSTLIER AS RBI HIKES KEY LENDING RATE TO 3-YEAR HIGH
The Reserve Bank of India hiked its crucial lending rate by0.5 per cent to a three- time high of5.90 per cent, which will weigh heavily on the formerly stretched budgets of Indian homes dealing with a rise in prices of nearly every item. The 50 base points hike marks the fourth successive increase since May […]
Slice switches from credit line to term loans after RBI action
Fintech Startup Slice has switched from providing credit channels through its application to classical futures loans, after the Reserve Bank of India last month said that non-bank fintech could not provide credit paths. Slice is one of the most exposed by RBI changes, and now seems to have changed fundamentally the way he disbursed credit […]