News

RBI has given loan borrowers reason to cheer with two back-to-back repo rate cuts in this calendar year. This is likely to translate into lower EMIs in the coming months. We explain the math: The ...
The deadline for customers to submit KYC has been extended. According to the new RBI guidelines, accounts may be closed if ...
The RBI’s second consecutive 25 bps rate cut is expected to lower interest rates on your home loan and personal loan. We take a look at what experts say about benefit to borrowers.(Image ...
The Reserve Bank of India (RBI) has today announced the repo rate cut by 25 bps to 6 per cent. Cutting the repo rate is generally seen as a signal that borrowing costs will go down, resulting in ...
India's central bank, the Reserve Bank of India (RBI), issued a new draft guideline on prudential norms and conduct-related aspects on Wednesday, April 9, and requested that borrowers have uniform ...
The Reserve Bank of India (RBI) Governor Sanjay Malhotra on Wednesday (April 9, 2025) announced a reduction in the repo rate to 6 per cent, a 25 basis point reduction, its second cut this year. This ...
Fixed-interest-rate loans, like personal loans will not be affected by the RBI rate cut. These are generally short-term loans and are not aligned with any external or internal benchmark. As the banks ...
BharatPe Group company Resilient Payments Pvt Ltd has secured final authorisation from the Reserve Bank of India (RBI) to operate as an online payment aggregator. The company aims to deepen its ...
Home loan interest rates are set to come down once again, with Reserve Bank of India (RBI) governor Sanjay Malhotra on April 9 announcing the monetary policy committee’s decision to cut the repo ...
India’s central bank, the Reserve Bank of India, on Wednesday said that it will allow the National Payments Corporation of India (NPCI) to revise the transaction limits for Unified Payments ...
India Post has launched a new facility in collaboration with Nippon India Mutual Fund, in which KYC (Know Your Customer) verification will be done at your doorstep. This is a big relief especially ...