
If you have traditional life insurance policies like endowment or money-back, you can leverage them to secure a cost-effective loan

RBI also announced to set up a "Fintech Repository" for a better understanding of developments in the fintech ecosystem and support the sector.

Education in India transcends the mere status of a luxury; it is a necessity deeply ingrained in our societal fabric

Banks have written off Rs 10.57 lakh crore during the last five financial years, of which Rs 5.52 lakh crore was in loans given to large industries. &

The last time the central bank raised the repo rate was in February 2023. Before that, it raised the key policy rate by 2.5 percentage points from May

97.26 per cent of the high-value currency in circulation as on May 19, 2023, has since been returned to the banking system

India remains the fastest-growing major economy, as China's GDP growth in the July-September quarter this year was 4.9 per cent

The interest earned on SGBs is added to the annual income of the investor, and then, this income is taxed as per applicable tax slabs.

Cash is still the preferred mode as a savings instrument for its 'store of value' and for precautionary purposes

Central bank would not remain a passive regulator and it would take a hard look at risk management framework for lenders on liquidity and market risk