Non-Food Credit Growth Falls to 6.2% Due to Risk Aversion

The non-food credit growth rate fell to 6.2% year-on-year (YoY) for the…

GST Council to Address Inverted Duty Structure Issues in Its Next Meeting

The GST Council will be meeting after over two months this August-end…

RBI: ATMs Liable to Pay a Penalty When Out of Cash

ATMs running out of cash for more than 10 hours per month…

RBI: Changes in ATM Withdrawals and NACH Guidelines

The Reserve Bank of India (RBI) has issued new rules applicable from…

Government Takes Measures to Curb Fraudulent Incidents in Banks

According to a press release by the Ministry of Finance on Tuesday,…

Factoring Regulation Bill to Strengthen MSMEs

The Lok Sabha approved the Factoring Regulation (Amendment) Bill, 2021, on Monday.…

RBI: Salary, pension & EMI rules to change from 1 August 2021

According to the new rules, it is no longer an issue if…

Impact of RBI CBDC Plan on Payments, Bank Deposits, and Virtual Currencies

The Reserve Bank of India (RBI) intends to implement India’s own Central…

RBI Sets the Foundation for the Central Bank Digital Currency

The Reserve Bank of India (RBI) has been looking at various use…

Will RBI’s New Scheme for Retailers Affect Gilt Funds?

Are you looking at fixed-income investments to strengthen your portfolio? Do you…