RBI Approves Merger of Ashok Leyland’s Subsidiary, Hinduja Leyland Finance, with NDL Ventures
RBI approves to a merger between Hinduja Leyland Finance (HLF) and another company in the same group, called NDL Ventures. Both HLF and NDL...
Credit Scores Will Now Update Every 7 Days – RBI
Reserve Bank of India has proposed a major change under which credit scores will be refreshed roughly every 7 days instead of the current...
Decoding RBI monetary policy to be announced on 07 December 2016
Three days after demonetization on 08 November 2016, RBI had come with a measure to suck out liquidity from banks. There had been a...
Bank Holidays in December 2025: Review the complete list of days the bank will...
As December 2025 commences, banking clients throughout India are advised to be aware of several holidays designated for banks this month. Based on the...
RBI plans to ask banks to follow stricter rules for gold loans
Gold loans in India have been growing rapidly, increasing by 50% since September 2024, which is faster than the growth of overall loans. As...
RBI to Meet Banks to Discuss Money Management in the Economy
The Reserve Bank of India (RBI) is planning a key meeting with banks to review how it manages the flow of money in the...
RBI directs banks on Cardless cash withdrawals at all ATMs
The Reserve Bank of India (RBI) has ordered all the banks to provide an Interoperable Cardless Cash Withdrawal (ICCW) system in their ATMs.
In accordance...
RBI Withdraws ₹2 Lakh Crore From Banks Through 7-Day VRRR To Manage Liquidity
The Reserve Bank of India (RBI) held a Variable Rate Reverse Repo (VRRR) auction to absorb extra money from the banking system. The auction...
RBI Measures to Control Money Depreciation
Money depreciation indicates the economic degrowth of the country. In simple words, the value of the India Rupee has fallen by a certain percentage...
Advantages of Emerging Payments Banks in India
In past few days, internet news agencies and newspapers have been conveying many stories about payment banks. As it is a newly popularized concept for...
