RBI imposes ₹30 lakh penalty on Standard Chartered Bank; ₹1 cr fine on 4 credit bureaus
The central bank also imposed monetary penalties on seven co-operative banks for violation of certain provisions
The central bank also imposed monetary penalties on seven co-operative banks for violation of certain provisions
According to a report by American consumer credit reporting agency TransUnion, the highest percentage of suspected digital fraudulent transactions originated from Mumbai, Delhi, and Chennai.
The increase in delinquency rates was not uniform; It was most pronounced for loans against property, home loans, and credit cards. Overall delinquencies improved for auto loans.