RBI leaves rates unchanged, sees GDP growth at 7% in 2024-25

MUMBAI, Feb 8 (Reuters) – India’s key rate was left unchanged for a sixth straight meeting on Thursday, in line with expectations, as inflation remained above the RBI (Reserve Bank of India) 4% medium-term target while economic growth continued to be resilient.

RBI tightens norms on personal loans for banks, NBFCs

Mumbai, Nov 16 (PTI) RBI on Thursday tightened norms for unsecured personal loans for banks and non-banking financial companies. The revised norms wherein risk weights have been increased by 25 percentage points will not be applicable on certain consumer loans, including housing,