All Banking & Crypto Related Details

The Reserve Bank of India will now allow banks to lend directly to Real Estate Investment Trusts. This move aims to make financing more accessible and potentially cheaper for the sector. Currently, banks can only fund real estate projects, not land acquisitions. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/wl4eRpE via IFTTT

The Reserve Bank of India has maintained its policy rates. Bankers generally welcomed this decision and the announced regulatory and developmental policies. Initiatives to enhance customer protection, digital payment safeguards, and support for MSMEs are highlighted. These measures aim to strengthen the financial ecosystem and sustain credit flows. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/nvmleFb via IFTTT

The Reserve Bank of India will propose a framework to compensate customers up to ₹25,000 for losses from small-value fraudulent digital transactions, Governor Sanjay Malhotra said on Friday, as part of steps to strengthen customer protection and payment safety. Draft guidelines will be issued soon and will review customer liability in electronic banking frauds. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/KdIup8L via IFTTT

RBI MPC Meet: The Reserve Bank of India has rolled out a series of customer-centric reforms, including stronger fraud protection and compensation for small-value losses, alongside regulatory relief for NBFCs and co-operative banks. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/anl7iex via IFTTT

IDBI Bank stake sale: The reserve price will be decided after receipt of the financial bids and before they are opened, said the people cited. This will only be known to a small group of government officials, they said. The reserve price will not be disclosed to the bidders, according to them. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/varjt9V via IFTTT

State Bank of India has secured a significant $1 billion loan from Japan's MUFG. This marks the first social loan of its kind for an Indian bank. The funds are earmarked for lending to women and women-led businesses. This initiative aims to boost women's economic empowerment and promote gender equality. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/Q5ZXW9P via IFTTT