India's foreign exchange reserves rose to $63,609.5 crore in the week ended 1st. Foreign exchange According to the Reserve Bank of India statistics The country's foreign exchange reserves increased by $1,047 crore to $63,609.5 in t…
Trading in the cash and forward trading segments of the National Stock Exchange, NSE, will become cheaper from April. NSE cuts transaction fees In the recent Board of Directors meeting of NSE , it has been decided to reduce the OTC transac…
New Norms on Card Utilization RBI has issued new norms regarding utilization of credit cards in excess of the permitted credit limit. credit card What are the new rules for credit card The RBI has said that the consent of the beneficiary …
The 'Association of Gold Credit Institutions' has asked the RBI to take action against banks that offer loans against gold jewellery, alleging they are violating the rules. Gold loan RBI's ratio of how much to lend against a pr…
Is there 800 tonnes of gold in RBI's locker? If this is used, the economy of our country will be of great benefit, says Rajaram. Let's see in detail what it is. Chairman of International Financial Services Centers Authority Rajarama, …
RBI's strict action is increasing. After recently taking action against 'Paytm Payments' bank, now it is going to take strict action against companies issuing corporate cards or business cards. New Regulation for Fintech Firms…
In the fourth tranche of gold bonds to be issued by the Reserve Bank, the price of one gram of gold has been fixed at Rs 6,263. Gold bonds What is the new price of gold bond 2023-2024 RBI is going to release the fourth tranche of gold bond…
Digital money flow in India has been increasing manifold over the last few years. From the pet shop in the village to the big mall in the cities, digital payments are now being implemented everywhere. Paytm In this situation Paytm , one …
In the development of digital currency Intensity: Nirmala Sitharaman Digital currency Will digital currency replace paper money in India Finance Minister Nirmala Sitharaman said that the central government and the Reserve Bank are activ…
There is no intention to avoid the dollar; Reserve Bank Governor Shaktikanta Das has said that the dollar will continue to be the dominant currency. US Dollar At the World Economic Forum held in Davos, Shakti Kanta Das said, Efforts to ma…
The Reserve Bank of India (RBI) has warned against believing false advertisements about loan repayments. In recent times, there has been an increase in false and misleading advertisements on social media regarding loan repayments. These ads promise …
The RBI said that the fines were imposed to "deter recurrence of such non-compliance in future and to uphold the standards of conduct expected from banks." …
The Reserve Bank has set a price of Rs 6,076 per unit for early redemption of central government gold bonds maturing on November 20. Gold Bond Now if early redemption of gold bond will give good profit Now whether early redemption of gol…
Reserve Bank of India's (RBI) recent tightening of norms for personal loans and consumer loans is likely to increase interest rates for these types of loans. R…
The Reserve Bank of India (RBI) has tightened personal loan norms on November 16, 2023. Unsecure loan What is the new rule of RBI about loans The central bank increased risk weights for personal loans by 25 percentage points to 125%. This means tha…
The Reserve Bank of India (RBI) on November 4, 2023 announced an interest rate of 7.46% for 50-year bonds. This is the first time that RBI has issued bonds with such a long maturity. RBI's news update For the first time, the governm…
Fino Payments Bank has received approval from its board of directors to transition to a small finance bank (SFB), and plans to approach the Reserve Bank of India (RBI) for the transition in the next two months. RBI news update This was an…
The Reserve Bank of India (RBI) held 794.64 tonnes of gold as of March 31, 2023, according to the World Gold Council's (WGC) Gold Demand Trends report. This makes India the tenth-largest holder of gold reserves in the world. Gold reserves The RB…
The RBI has ordered the banks to provide the new announcement of the bank deposit, the RBI should provide all the Term Deposit up to Rs 1 crore. To date, the facility has been provided for the amount of Term Deposit up to Rs 15 lakh. RBI UPDATE NEWS …
RBI Update: Reserve Bank of India has taken a big decision keeping in mind the interest of the customers. Credit score report RBI took the right decision The decision has been taken by the central bank to improve customer service and com…
