Reserve Bank of India to conduct Financial Outreach camp

The Reserve Bank of India will organise a Financial Outreach Camp later this month at Assam’s Darrang district as part of its initiative to bring the people of remote areas under the ambit of the banking structure. Read more

India may cut rates over inflation data

India’s wholesale inflation cooled to its weakest pace in 10 months in November, a sign the economy may finally be escaping a long period of price pressure and raising the chances of a rate cut in January. Read more

CIBIL ready to offer expertise to insurance companies

Credit Information Bureau (India) Limited (CIBIL) is keen to offer its expertise in minimising risks to insurance companies. Banks and other lenders in the organised sector have already been tapping its expertise in this space. “We are looking at insurance [companies]… both general and life,” CIBIL Chairman M. V. Nair said. Read more