-
Tokenisation helps safeguard your sensitive card data and allows you to transact with your card without actually presenting it
-
Credit card issuers offer cash backs, reward point programs and other benefits based on target consumer segments
-
As far as depositors are concerned, the biggest implication now will be that banks will have more bandwidth to deal with their credit requirements
-
The modalities of EMI repayment differ basis several factors and you should explore all the options at your disposal before signing the dotted line.
-
India's first bad bank will have two legs, National Asset Reconstruction Company (NARCL) and India Debt Resolution Company (IDRCL)
-
As of March 2021, two-wheeler loans had a portfolio outstanding of Rs 77,900 crores, growing at a rate of 10.6 % by value and 6.3 % by volume
-
Fresh loan disbursements in housing segment likely to grow in the long run
-
The Internal Working Group of the RBI submitted its report on issuing banking licences to corporate houses in November last year
-
If smooth implementation can be achieved, the bad bank can increase the robustness of the banking system by reducing NPA from their books.
-
With effect from September 17, 2021, i.e. Friday, the repo-linked lending rate (RLLR) has been changed from 6.80% to 6.55%.