Tag: RBI
5 major changes kick in from December 1 – Online money transfers, Domestic LPG Cylinders, New trains …
From December 1, many rules ranging from LPG Cylinder prices to new timings for Real Time Gross Settlement System (RTGS),…
Recession: July-Sept GDP to contract 8.6%, estimates RBI
The Indian economy likely entered into a technical recession for the first time in history at the end of the…
October 10, 2020
Business, Economy, Personal Finance
Can’t extend loan moratorium period, may affect credit creation in economy: RBI to Supreme Court
The Reserve Bank of India (RBI) filed a fresh affidavit in the loan moratorium case and told the Supreme Court that…
October 09, 2020
Business, Economy, Personal Finance
RBI Monetary Policy: No respite to home, auto loan borrowers; RBI keeps interest rate unchanged at 4%
The EMIs on home and auto loans are unlikely to come down in the near term as the Reserve Bank…
September 30, 2020
Business, Personal Finance
New Debit Card, Credit Card rules from October 1: Everything you need to know
n an apparent attempt to make digital payments using debit cards and credit cards more secure, several new guidelines have…
August 12, 2020
Business, Economy, India, Personal Finance
RBI hikes LTV limit on gold loans to mitigate impact of COVID-19
Announcing the bi-monthly Monetary Policy on August 6, the Reserve Bank of India noted that the disruptions caused by COVID-19…
June 05, 2020
COVID 19 News, Economy, FightagainstCorona, India
Consumer confidence collapses to historic low in May, says RBI survey
A survey released by the Reserve Bank of India (RBI) has showed that consumer confidence has collapsed to historic low…
May 22, 2020
COVID 19 News, Economy, India
RBI ramps up economic support; cuts interest rates, extends loan moratorium
The Reserve Bank of India (RBI) on Friday slashed interest rates, extended moratorium on loan repayments and allowed banks to…