RBI's MCLR Overhaul: The Reserve Bank proposes a new three-month moving average formula for loan pricing, with a shorter reset period for borrowers. SEBI Settlement Simplification: Market regulator scrapping the 20% additional charge and fast-tracking small cases under ₹10 lakh. NewTap Finance Profit Surge: CRED-backed NBFC's net profit more than doubled to ₹2.4 Cr, with managed AUM soaring to ₹4,582 Cr. -...
