(Reuters) Reserve Bank of India (RBI) plans to allow banks to remotely lock mobile phones bought on credit if the borrowers default on those loans, two sources said, in a …
RBI
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Finance
How to deal with personal loan debt collectors? Here are 5 RBI-backed tips
by AutoTrendlyby AutoTrendlyEfficiently dealing with personal loan debt collectors can be stressful, but knowing your fundamental rights and responsibilities can make a huge difference. The nations’ lending institutions and recovery agents must …
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India NewsPolitics
RBI to auction three Lonavala bungalows near Mumbai: Check what they’re worth
by AutoTrendlyby AutoTrendlyThe Reserve Bank of India (RBI) has invited bids to sell three bungalows in Lonavala, a hill station near Mumbai, where Bollywood celebrities own properties. The bungalows, which were previously …
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Jeet Singh Bisht, 74, a Delhi-based retired businessman and customer of a small finance bank, was persuaded by the bank’s team to buy two investment-cum-insurance plans. The promise was simple: …
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The Centre is increasingly concerned about the potential impact of worsening relations with the US on the large Indian diaspora, particularly in the tech sector, people aware of the discussions …
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India NewsPolitics
Autopay chaos near as thousands of @paytm handles to go on the blink
by AutoTrendlyby AutoTrendlyAs part of a series of measures against Paytm Payments Bank last year, the Reserve Bank of India curbed the use of the @paytm UPI handle. Following this, the National …
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India NewsPolitics
Unable to repay MFI loans, women are fleeing villages
by AutoTrendlyby AutoTrendlyEight years ago, the teenager’s mother fled the village after taking loans worth over ₹16 lakh from microfinance institutions (MFIs) and traditional money lenders in the name of another woman …
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Finance
Bonds prices under pressure ahead of ₹25,000 crore auction of government securities
by AutoTrendlyby AutoTrendlyGovernment bonds dipped in early trading on Friday, as investors remained cautious ahead of the weekly debt sale that will test demand. The yield on the benchmark 10-year bond was at 6.396%, …
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Finance
Loan demand outlook shows signs of optimism for Q2 FY26 onwards: RBI survey
by AutoTrendlyby AutoTrendlyLoan demand across major sectors saw a bit of moderation in the first quarter of FY26, while bankers expect a recovery in the forthcoming quarters, as per the Reserve Bank …
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India NewsPolitics
Punjab youth who qualified for 2 govt jobs laments wasting time for RBI, IES, professorship exams: ‘Not worth it’
by AutoTrendlyby AutoTrendlyA Punjab man who claims to have qualified for two government jobs regrets his decision to continue studies in India post-high school instead of going abroad. Seeking advice for starting …