Bank Holidays: RBI Declares November 12 as a Bank Holiday – Here’s Why
All banks in the country will remain closed tomorrow on Tuesday. All public and private sector banks are going to remain closed on 12 November. Banks are going to remain…
RBI Maintains Repo Rate: No EMI Relief for Home and Car Loans Yet – Here’s Why
If you are expecting the EMI of your home loan and car loan to be reduced, then you will have to wait a long time for now. Reserve Bank of…
RBI Governor Warns: Over-Reliance on AI in Finance Could Lead to Issues
14 october 2024 : Reserve Bank of India (RBI) Governor Shaktikanta Das warned on Monday that an over-reliance on artificial intelligence (AI) could create concentration risks within the financial sector.…
“RBI Approves Tata Capital’s NBFC-ICC Conversion”
15 august 2024 : The Reserve Bank of India (RBI) has granted approval for Tata Capital Limited (TCL) to transition from a non-banking finance company (NBFC)-core investment company (CIC) to…
RBI Governor Counters Economic Survey: Food Inflation Can’t Be Ignored
08 august 2024 : In contrast to the perspectives presented in the Economic Survey regarding the exclusion of food from retail inflation, the Reserve Bank of India (RBI) asserted on…
RBI Governor calls on banks to enhance efforts in combating mule accounts
3 July 2024 Punjab Khabarnama : On July 3, Shaktikanta Das, the Governor of the Reserve Bank of India (RBI), conducted meetings with the Managing Directors and Chief Executive Officers…
RBI Sets New Rules for NBFC Executive Payouts
28 June 2024 Punjab Khabarnama : Payouts to to key management personnel at non-banking financial companies have gone under scrutiny of the Reserve Bank of India following its directive issued to NBFCs in…
FD interest rates are going to come down, SBI chairman hinted
June 13 (Punjab Khabarnama) : State Bank of India (SBI) Chairman Dinesh Kumar Khara has said that interest rates on FDs are at their peak and are expected to come…
You will have to pay more charges for withdrawing money from ATM, ATM operators have asked RBI to increase the fees
June 13 (Punjab Khabarnama) : A big news has come out related to those who withdraw money from ATM. You may have to pay more charges for withdrawing cash after…
Your EMI may increase or decrease, RBI will decide on repo rate on Friday
June 6 (Punjab Khabarnama) : The three-day meeting of the Monetary Policy Committee (RBI MPC Meeting) of the Reserve Bank of India (RBI) started on Wednesday. It is believed that…