RBI releases FAQs on cash withdrawals at PoS terminals
Cardholders can withdraw cash using debit cards and open system prepaid cards issued by banks in India However, credit cards
Continue readingRBI may extend moratorium on loans by another 3 months
The government on Saturday extended the lockdown for further two weeks till May 17 with certain relaxations for red, orange
Continue readingAu Small Finance Bank looks to join larger peers in quest for capital
Jaipur-based Au Small Finance Bank Ltd is looking to join its larger peers in the banking industry in fundraising initiatives
Continue readingPM Modi Seven Points on Lockdown 2.0
India Lockdown Extension: Prime Minister Narendra Modi addressed the nation today to announce government’s decision on the Coronavirus lockdown. In the
Continue readingPPF, Sukanya Samriddhi scheme deposit rules eased. Explained in 10 points
Govt eases norms for PPF and Sukanya Samriddhi account holders due to coronavirus lockdown The government has also eased account
Continue readingRBI allows banks to put EMIs on hold for three months
The credit history of the borrower will not be impacted The RBI today cut repo rate by 75 basis points
Continue readingSBI lowers term deposit, lending and savings rates
Following the cut effective 10 March, the one-year MCLR on which most loans are bench marked now stands at 7.75%
Continue readingYes Bank withdrawal limited to ₹50,000, RBI says don’t panic
The RBI in consultation with central government has superseded the Board of Directors of Yes Bank Ltd for a
Continue readingBank of Baroda cuts MCLR rates, EMIs to get cheaper
The rate reduction comes even as the RBI had kept the repo rate unchanged at 5.15% SBI announced reduction in
Continue readingSBI new FD rates from today. Check out the latest rates here
SBI new FD rates are applicable from today, 10 February SBI has slashed fixed deposits rates by 25-50 bps in
Continue reading
