RBI Tightens Rules for Personal Loans, Credit Cards

The Reserve Bank of India (RBI) has raised risk weight by 25%…

EMIs to Rise as Banks Raise Lending Rates

With major private banks raising their marginal cost-based lending rates (MCLR),  this…

Towards Better Debt Management

First, it is important to understand that not all loans are the…

Banks Want GST Exemption on Penal Interest Levy for Loan Defaults

The Indian Banks’ Association (IBA) is seeking a GST exemption on behalf…

5 Reasons to File an ITR Even if You Do Not Have Taxable Income

It’s that time of the year again when crores of Indian taxpayers…
RBI

Banks May Be Allowed to Lend to InvITs, says RBI

The Reserve Bank of India (RBI) has reportedly notified that banks would…