The Deposit Insurance and Credit Guarantee Corporation (DICGC) will be making payments to the eligible depositors of 17 cooperative banks, including eight from Maharashtra, in October.
The Reserve Bank of India (RBI) had...
MCLR or marginal cost of lending rate is a benchmark interest rate, which is the minimum rate of interest banks are allowed to give out loans to its customers. It was introduced...
The Reserve Bank of India (RBI) on Wednesday said the first set of norms to regulate digital lending and to orderly growth of credit through digital lending and to crack down on...
Highlights of RBI Monetary Policy:
Governor Shaktikanta Das-led Monetary Policy Committee (MPC) on Friday raised the repo rate by 50 basis points (bps) to 5.40 percent in a bid to tame...
Union Home Ministry has amended the Foreign Contribution Regulation Act (FCRA) giving certain relaxations such as allowing relatives to send more money to India freely, granting Indians the ability to receive up...
During the ongoing celebrations of Azadi Ka Amrit Mahotsav, Central Bank of India has launched a mega credit campaign CENT KRANTI ABHIYAN with effect from 1st August to 31st August, 2022....
Ambuja Cement and ACC Cement from Holcium Group was bought by Adani Group For 82 thousand crores. Adani Group is preparing to raise overseas debt of $ 4.5 billion i.e. about 33...
The effort by Yes Bank to enlist Carlyle and Advent as equity investors for roughly $1 billion has picked up steam, following the proposed sale of the lender's stressed assets to JC...
What is prepaid card
A prepaid debit card is like a gift card it has money stored in it which allows you to spend whatever you need. Once the balance is spend...
