by OverviewFX | May 30, 2025 | Politics
Mumbai: The Reserve Bank of India (RBI) is working on issuing guidelines to address mis-selling of financial products and services by banks and NBFCs, whether these are their own or third-party offerings.In its annual report, the central bank said it will soon issue...
by OverviewFX | May 30, 2025 | Politics
Street vendors to get credit cards, bigger loansThe PM SVANidhi scheme is being revamped to provide street vendors with higher subsidised loans and credit cards with a limit of Rs 30,000, facilitated by banks, ToI reported on May 30. The revamped scheme, which will...
by OverviewFX | May 29, 2025 | Politics
A federal appeals court on Thursday granted the Trump administration’s request to temporarily pause a lower-court ruling that struck down most of President Donald Trump’s tariffs.The Trump administration had earlier told the U.S. Court of Appeals for the...
by OverviewFX | May 29, 2025 | Politics
U.S. President Donald Trump speaks during an event announcing new tariffs in the Rose Garden at the White House in Washington, April 2, 2025.Chip Somodevilla | Getty ImagesThe Trump administration said it may ask the U.S. Supreme Court as soon as Friday to immediately...
by OverviewFX | May 29, 2025 | Politics
Indian payment and settlement systems record 34.8% increase in volumes, led by RTGS transactions~Samriddhi Singh Mahar India’s payment and settlement systems recorded strong growth in 2024-25, with transaction volumes rising by 34.8%, following a 44% increase in the...
by OverviewFX | May 29, 2025 | Politics
RBI data shows growing reliance of Indian households on financial liabilities~Samriddhi Singh Mahar Recent data from the annual report by the Reserve Bank of India (RBI) reveals a marked increase in the financial liabilities of Indian households. As a share of Gross...
