RBI Tells Banks To Inform Borrowers Regarding Key Facts Statement Of Loan From October 1: Check 8 Key Points
RBI said that credit card receivables are exempted from the provisions.
Banks Must Provide Simple Key Facts Statement To Borrowers On Terms Of Loans: RBI
The RBI has decided to harmonise all instructions on KFS and disclosure of the Annual Percentage Rate (APR).
Apr 15, 2024, 21:07 PM IST
Bank Holiday On Eid-Ul-Fitr 2024: Financial Institutions Open Tomorrow? Check Here
Customers are advised to verify holiday schedules with their nearby bank branches to avoid any confusion or inconvenience.
Apr 10, 2024, 18:33 PM IST
Govt Bonds Worth Rs 30,000 Crore To Come Up For Auction On April 12
The government will have the option to retain additional subscriptions up to Rs 2,000 crore against each of these securities.
Apr 08, 2024, 19:58 PM IST
RBI To Soon Launch App To Enable Retail Investors To Participate In Govt Bonds
RBI Retail Direct Scheme, launched in November 2021, gives access to individual investors to maintain gilt accounts with the RBI and invest in government securities.
Apr 05, 2024, 12:21 PM IST
RBI To Launch New NRI Scheme For Sovereign Green Bonds In IFSC
RBI would launch a mobile app for accessing the Retail Direct portal to widen the reach of the RBI Retail Direct Scheme which was launched in November 2021.
Apr 05, 2024, 12:19 PM IST
RBI Projects GDP Growth At 7% For 2024-25, Retail Inflation Seen At 4.5%
Announcing the outcome of the RBI Monetary Policy, RBI Governor Shaktikanta Das said, "Growth has continued to sustain its momentum, surpassing all projections.
Apr 05, 2024, 11:41 AM IST
Good News For UPI Users: RBI To Let Users Deposit Cash Through UPI At ATMs
RBI Governor Shaktikanta Das said that this measure will further enhance customer convenience and make the currency handling process at banks more efficient.
Apr 05, 2024, 11:34 AM IST
97.69 Pc Of Rs 2000 Currency Notes Returned: RBI
Public and private entities holding such notes were initially asked to either exchange or deposit them in bank accounts by September 30, 2023.
Apr 01, 2024, 20:10 PM IST
RBI To Not Accept, Exchange Rs 2,000 Notes Today, 01 April 1 --Know Why
RBI had announced the withdrawal of Rs 2000 denomination banknotes from circulation on May 19, 2023. The status of withdrawal of Rs 2,000 banknotes has been periodically published by the RBI.
Reserve Bank Mulls Digital India Trust Agency To Combat Cyber Fraud
The introduction of DIGITA is expected to enhance transparency and accountability within the digital lending sector.
Mar 31, 2024, 15:09 PM IST
Big Blow To Loan Borrowers! BoI Raises Lending Rate By 10 Basis Points
The bank has increased the mark-up by 10 bps from the existing level of 2.75 percent to 2.85 percent.
Mar 31, 2024, 12:59 PM IST
India's Forex Reserves Rise By USD 140 Million To Hit Fresh Peak Of USD 642.63 Billion
Gold reserves increased by USD 347 million to USD 51.487 billion during the week, the RBI said.
Mar 30, 2024, 15:52 PM IST
RBI Suspends Rs 2,000 Banknote Exchange And Deposit Facility On April 1
Since May 19, 2023, the exchange of Rs 2,000 banknotes has been available at the 19 RBI issue offices.
Mar 29, 2024, 14:31 PM IST
Agency Banks To Open This Sunday: Check What It Is, How They Operate & Full List
The banking regulatory authority has directed all agency banks to keep their designated branches open for over-the-counter transactions related to government operations.
Mar 29, 2024, 12:48 PM IST
Banks To Remain Open On March 30 And 31: Check Transactions That You Can Do On Saturday, Sunday
RBI said that it is mandatory for all banks to participate in the special clearing operations on March 30 & 31, 2024.
Mar 28, 2024, 12:25 PM IST
Sovereign Gold Bond 2016 Series II Maturing Today, March 28: Final Redemption Price And Other Key Details
The Sovereign Gold Bond is repayable on the expiration of eight years from the date of the issue of the Gold Bonds.
Mar 28, 2024, 08:41 AM IST
RBI Imposes Rs 6 Lakh Penalty On The Mandi Cooperative Bank: Here's Why
The central bank also imposed a penalty of Rs 1 lakh on West Bengal's The Howrah District Central Co-operative Bank.
Mar 27, 2024, 21:17 PM IST
RBI Announces Schedule For Monetary Policy Committee Meetings
During these meetings, the six-member panel, which includes the governor, votes on a resolution typically on the third day.
Mar 27, 2024, 19:20 PM IST
Sovereign Gold Bond 2016 Series II Matures Tomorrow, March 28: Check Final Redemption Price And Other Details
The Gold Bond is repayable on the expiration of eight years from the date of the issue of the Gold Bonds.
Mar 27, 2024, 14:30 PM IST
