Many new rules will come into effect from October 1. These are related to credit and…
News
HDFC hikes lending rate by 50 bps; EMI will increase
mortgage lender HDFC Ltd The Reserve Bank on Friday raised its lending rate by 50 basis…
Bandhan Bank revises savings account interest rates
Bandhan Bank have modified Rate of interest on your savings accounts. According to the official website…
Debt recovery outsourcing hasn’t stopped, but institutions are expected to be on right side of law: RBI
The Reserve Bank on Friday clarified that it is not against outsourcing of recovery activities by…
Card tokenization will be implemented from October 1, no further extension RBI’s indication
reserve Bank of India indicated on Friday that it would not extend the deadline to implement…
Govt, corporate NPS subscribers can continue with existing investment after resignation or retirement
NPS subscriber One should apply by sending a request for Inter Sector Shifting (ISS) after leaving…
RBI to bring discussion paper on expected loan loss provision
reserve Bank of India But took the first important step towards shifting the banks ind-as This…
RBI proposes lenders to adopt required loss-based approach for loan loss provision
India’s central bank will soon issue a discussion paper on its proposal on a potential loss-based…
Offline payments aggregators can’t store your debit, credit card details now
offline payment aggregator Institutions that aggregate offline credit and debit card payments, such as swipes at…
Senior Citizens’ Savings Scheme: Govt clarifies on interest rate payable after death of SCSS account holder
The Ministry of Finance in a press release dated 29th September, 2022 said that it has…