-
The deadly pandemic has given a crucial lesson to everyone, that is, save money and set aside an emergency fund. With growing uncertainties, having a savings account becomes a must. It brings financial discipline and moreover, it keeps us ready for any unforeseen expenses. To clear all your doubts regarding having a savings account, Money9’s […]
-
Nirmala Sitharaman also said that the government has no plan to form any bank investment company to house the government stakes in banks.
-
The industry association has also requested the Reserve Bank of India on the need for asset class-based regulation
-
Last month, the bank's administrator AK Dixit had said that three investors were given time till February 1, 2021 for submissions of their final offer.
-
Aditi Nayar, Principal Economist, ICRA, in an interview with Money9, said she feels the rate cycle has ended.
-
The central bank also said it will set up a 24x7 helpline for digital payments services to secure them more against fraud and phishing.
-
With RBI maintaining status quo on rates, hopes of an immediate cut in equated monthly instalments (EMI) is less.
-
The RBI is targeting to roll out the e-Integrated Ombudsman Scheme in June 2021.
-
The RBI will come out with a consultative document harmonising regulatory frameworks applicable to various regulated lenders in the microfinance space, RBI Governor Shaktikanta Das said.
-
RBI keeps key rates unchanged repo rate at 4% & reverse repo rate 3.35%.