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Deposit insurance: 9 things you should know
All bank deposits including savings, fixed, current and recurring deposit for up to the limit of Rs 5 lakh per bank is insured by the DICGC.
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Wallet concerns: Five things to change from Sept 1
These include new cheque payment systems, PF-Aadhaar linking, lower savings interest rate, and Maruti’s models becoming more expensive.
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Money in digital age: Follow these six golden rules
The value of online frauds in India reached Rs 195 crore in FY20 from Rs 71 crore in FY19 according to RBI.
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Bank Locker: New guidelines by RBI
If your valuables in the bank locker get stolen, catch fire, or get water damaged, the loss will be borne by the bank.
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How financial education can boost financial inclusion
Financial inclusion increases the availability of economic resources and encourages people to save
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Banks want more time to provide additional pension liability
Added liability comes after the government removed the pension cap of ₹9,284 per family
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Banks likely to swamp market with coins soon
With a view of enhancing coin supply, the RBI increases incentives to lenders for coin distribution
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Cash conserved, markets nurtured
The Buy Now Pay Later industry is allowing numerous consumers to conserve cash and yet spend on their needs and wants.
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Gold bond issue price fixed at Rs 4,732/gm
The next tranche of the scheme will be open for subscription for five days from August 30
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RBI discusses a host of issues with small finance banks
The stress build-up due to Covid-19 and the mitigation measures for continued resilience of books of SFBs also formed part of the discussion
