Cosmos Bank Expands Maharashtra Presence After NCBL Merger

By: Loan Advisor

Pune, Maharashtra:In an important development for the cooperative banking sector in Maharashtra, the Bengaluru-based National Co-operative Bank Ltd. (NCBL) has officially merged with Cosmos Co-operative Bank Ltd., headquartered in...

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Reserve Bank of India RBI

RBI Mandates Real-Time Cyber Fraud Detection via DoT’s Risk Indicator

By: Loan Advisor

July 6, 2025 | New Delhi In a major push to bolster cybersecurity in the banking sector, the Reserve Bank of India (RBI) has mandated the integration of the...

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Reserve Bank of India RBI

RBI Prohibits Pre-Payment Charges on Floating-Rate Business Loans to Individuals, MSEs from January 2026

By: Loan Advisor

Mumbai, July 4, 2025 : The Reserve Bank of India (RBI) has announced that banks and financial institutions will no longer be allowed to levy pre-payment charges on floating-rate...

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Reserve Bank of India RBI

RBI Flags Surge in Unsecured Loan Defaults Among Private Banks

By: Loan Advisor

July 8th 2025: The Reserve Bank of India (RBI), in its Financial Stability Report released on July 1, 2025, has raised concerns over a steep rise in defaults on...

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