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Policy● Neutral for Indian equities
RBI consolidates existing guidelines on credit facilities for SC/ST borrowers
The brief
- RBI issued a Master Circular consolidating existing guidelines on bank credit facilities for SC/ST borrowers
- The guidelines cover lending and loan processing
- Banks must follow consolidated credit guidance for SC/ST borrowers
- Noel Tata hopes RBI will find common ground on restructuring to avoid Tata Sons listing
- New rules from October 1 cover SBI ATM charges, UPI fees and LPG subsidy verification
- FD interest rate rules to change from October 1: Key changes explained
- Supreme Court refuses to stay UPI charges above ₹2,000; seeks Centre’s explanation
- RBI bulk deposit rules take effect October 1, requiring uniform rates for similar deposits