The Reserve Bank of India (RBI) has directed large non-banking finance companies (NBFCs) to disclose the maximum rates charged on each loan product, including interest and other fees. This measure aims to ensure transparency and curtail any potential usurious practices amid growing household indebtedness.
Indian equity indices surge 1% amid SBI profit boost and Trump-Putin meeting optimism
Indian equity indices rebounded strongly, recovering last week’s losses, fueled by SBI’s impressive Q1 results and optimism surrounding the upcoming Trump-Putin meeting. Short covering was