RBI has barred banks and finance companies from charging penal interest, which is often charged from customers for delay in repaying loan installments
RBI Governor asks domestic banks to do their part in global market with due diligence
Das stressed on the need to remain vigilant on food prices, given the forecast of higher temperatures between April-June
Transactions worth ₹19.78 lakh crore were processed during March 2024, higher than the previous peak of ₹18.41 lakh crore in January 2024
So far, e-commerce companies used such tactics, but now it’s also happening in the realm of online banking and other financial services
The amount of loan will depend on the Loan-to-Value Ratio. This indicates how much loan can be obtained based on the value of the house.
If these entities can enter this lucrative market, it will also help the high valuations of these startups
Before you take the loan, it is important to get the gold valued independently. This will help you ensure that you get a fair deal from the lender.
Swaminathan said fintech firms often "operate outside the regulatory envelope and are unconstrained by legacy systems that typically encumber traditio
Government of India has made a request to keep all branches of the banks dealing with Government receipts and payments open for transactions on March