Finance

Loan Moratorium Relief: No Interest On EMI Delay, Reward For Paying EMI (Govt Proposal) We have covered in detail about every more in the banking sector, when it comes to the ‘loan moratorium’ issue. Last month, we covered a story,…

HDFC Bank plans to set up a pan India umbrella entity to boost retail payment in the country. On August 18, the regulator bank RBI released the framework for authorizing umbrella entities for retail payments, pan-India. Consequently,…

New Credit/Debit Card Rules: Online Payment, NFC Disabled For These Cards (Full List Of RBI Rules) We have covered countless articles on credit card and debit card frauds. Needless to say, the numbers have only increased despite the…

How to get two year loan moratorium? Banks are now offering a two year moratorium as per the new restructuring scheme. The new loan restructuring policy approved by the Reserve Bank of India (RBI). So, you don’t have to pay EMIs for your…

The Government will infuse a sum of Rs 20,000 crore in public sector banks, to help them recover from the financial standstill that has affected banks amidst the coronavirus pandemic. The government finally seeked the Parliamentary nod…

No EMIs, loans till December? Loan moratorium extension till December? Here's what RBI is planning for common people. While the court has already extended the loan moratorium repayment till September 28, it may eventually be extended till…

Supreme Courts Orders Indirect Loan Moratorium For 60 Days: No Action If You Are Not Paying EMIs Right since March 27, when the central bank RBI announced a 3-month moratorium period for EMI payments, payable between March 1 and May…

Centre to Supreme Court that EMI moratorium on repayment of loans can be extended upto 2 years. We have a follow up news on the moratorium on repayment of loans allowed by the government due to the coronavirus pandemic. The Centre…

Govt Stops Banks From Charging UPI, Digital Payments; All Charges To Be Refunded Back Effective January 1 This story has been especially released, keeping in mind the highest concern for public interest. Since digital payments have…

5 major public sector banks, including SBI and PNB are ready to sell their shares to institutional investors for bolstering their capital base. Public sector banks have been the hot shot of the hour. Not only have they been on the…

No Brokers Required! SEBI Will Soon Allow You To Directly Invest In BSE, NSE Without Any Broker According to a report published by HDFC Securities in March 2019, the Indian online trading industry took a quick rise. The trading…

RBI Cracks Down On Loan Apps For Blackmailing Users, Hijacking Phone Contacts For Recovery; Strict Rules Formed Have you been interacting with digital lending platforms (like apps) for the purpose of taking up a loan? Have you noticed…

2.57 Lakh SBI Employees Can 'Work From Anywhere' To Serve Customers; Work From Home Policy Changed? With ‘Work from Home’ becoming the new work ethic, financial institutions too have started to slowly but steadily blend into it. …

Privatization Of LIC Begins As Govt Aims To Disinvest Stake; Advisors For LIC IPO Being Searched The Centre has invited up to two pre-IPO transaction advisors, for partial divestment of its stake in the Life Insurance Corporation of…

H1B Visa Suspension: Shares Of Infosys, TCS, Tech Mahindra, HCL, Wipro Crash As Market Worried Over Impact On April 22, 2020 US President Donald Trump issued a Presidential proclamation, which suspended the entry of most new immigrants,…

RBI Starts Daily Reporting Of Payments: UPI, NEFT Usage 1300% More Than Cash! We all are well familiar with the phrase, “Cash is King”. Maybe this is the right time to unlearn the statement? The new data released by the RBI may…

Supreme Court Scolds RBI For Charging Interest On EMI, Loan Moratorium; 2 Lakh Cr Income For Banks? The Reserve Bank of India’s on March 27 passed a circular, permitting all the lending institutions to allow a three moratorium period on…

This Govt Scheme Can Give Senior Citizen Couples Rs 18,500 Pension/Month For 10 Years Fixed deposits and monthly pension schemes are two most popular investment options for senior citizens. Speaking of pension schemes, one such is…

Unregistered SMEs, Retailers Also Eligible For Rs 3 Lakh Cr Emergency Loan From Govt (Details Here) The finance ministry on May 12 announced that it will allow Rs 3 lakh crore emergency credit borrowing scheme for Micro, Small and…

RBI Can Extend Moratorium On EMIs, Loan Repayment By 3 Months Extra: But Should You Delay EMIs? The Reserve Bank of India (RBI) may extend the loan moratorium facility by another three months, in compliance with the extension of…