All posts tagged "RBI"
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92BUSINESSIndusInd Bank Shares Up 2.6 Per Cent, Lender Received RBI Approval For AUM Business For Mutual Funds
The shares of IndusInd bank surged more than 2.67 per cent after the bank received approval from the Reserve Bank of India...
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91MUST KNOWRaksha Bandhan 2024: Are Banks Closed Today? Check City-Wise List
Bank Holiday On Raksha Bandhan, August 19: Before visiting a bank branch, it is advised to verify the bank’s closure schedule. Raksha...
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77BUSINESSSovereign Gold Bonds are hotter than ever. What’s moving them, buying options, risks, all the details
Sovereign Gold Bonds (SGBs) are currently trading at a premium over their reference prices on exchanges, driven by their tax benefits and...
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57BUSINESSForex Update: India’s Foreign Exchange Reserves Fall $4.8 Billion to $670.11 Billion
India’s gold reserves declined by $860 million to $59.239 billion during the week. The special drawing rights (SDRs) were up by $121...
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57MUST KNOWSecure Your Cheque Payments: Know How Positive Pay System Works In Banks
RBI introduced the Positive Pay System in 2021 to combat the rising cases of cheque fraud. The Reserve Bank of India (RBI)...
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53NEWSRBI Imposes Penalties on Bank of Maharashtra, Poonawalla Fincorp, Hinduja Leyland Finance
RBI said it has imposed a penalty of Rs 1.27 crore on Bank of Maharashtra for violating its directions, including on Know...
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109FINANCELoan interest rates in August 2024: These 8 banks have revised loan interest rates in August
The Reserve Bank of India (RBI) kept the repo rate unchanged at 6.50 percent at the latest monetary policy meeting. Many lenders...
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147MUST KNOWWhat to do if loan recovery agents harass you? Know your legal rights
The Reserve Bank has set clear guidelines for banks on how to deal with loan default cases and protect borrowers from any...
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121MUST KNOWBank Holiday: Will Banks Be Closed Tomorrow For Independence Day? Check What RBI’s Holiday Calendar Says
As per RBI list, bank branches will remain closed for the following dates in the remaining days of August 2024. Check. New...
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87MUST KNOWInvesting in FDs with an NBFC? Check new RBI rules on premature withdrawal, nominations applicable from Jan 1, 2025
The Reserve Bank of India (RBI) has issued a revised regulatory framework circular relating to HFCs (Housing finance companies) and NBFCs (Non-banking...
