RBI Issues Draft Rules For Web Aggregators Of Loan Products
The RBI specifies that the digital view should include essential details such as the name of the bank or NBFC extending the loan.
Apr 27, 2024, 09:14 AM IST
RBI Rules: Follow THIS or your cheque will bounce
The new rule will further lessen the time and notably, you have to keep a minimum balance in the bank account so that it gets cleared easily.
Aug 07, 2021, 16:57 PM IST
RBI’s Big Changes: New rules for salary, pension and EMI payment from August 1
RBI has amended the rules of National Automated Clearing House (NACH). Under this new rule, now you will not have to wait for the passing of Saturday and Sunday i.e. weekend for your salary or pension to be credited to your account.
Aug 01, 2021, 12:11 PM IST
RBI New FD Rules: Claim your money as soon as the Fixed Deposit matures or you will face a loss
The Reserve Bank of India (RBI) has changed the rules for Fixed Deposits as it said that if a customer has not claimed FD even after maturity, then he/she will have to bear the loss in terms of interest in savings.
Jul 04, 2021, 09:24 AM IST
RBI clarifies on cryptocurrency trading, asks banks to do customer due diligence
Previously, through an email, HDFC Bank and State Bank of India had said that those who are dealing with virtual currencies will face account suspension citing a 2018 circular from the Reserve Bank of India. Notably, the circular was struck down by the Supreme Court in March 2020.
May 31, 2021, 20:46 PM IST
