Banking Regulation Bill Passed by the Lok Sabha

The Lok Sabha in the Parliamentary session held on Wednesday passed the…

RBI asks Banks for Automation of Asset Classification

RBI issued a circular on 4th August 2011, which advises banks to…

5% TCS on Foreign Fund Transfers to Apply From October

Individuals are allowed to remit up to $250,000 abroad each year as…

Trend Shows People are Moving Towards Perpetual Bonds

Perpetual bonds are making some noise in the market for all the…

The Centre clarifies about honouring the GST Compensation Dues

The Centre clarifies that it would honour its obligation to compensate the…
Gold rate

Correction in Gold Prices Impacts Gold Loans

Gold has always been both, an investment asset as well as a…

RBI Finalises the Framework to Transform the Digital Payments Space

Recently, the Reserve Bank of India (RBI) has concluded the new framework…

Government Suggests Extension of Loan Moratorium by 2 More Years

We all are aware that the Reserve Bank of India (RBI), with…

41st GST Council Meet: 2 Options Offered to Meet the Compensation Cess Shortfall

The 41st GST Council meeting took place via teleconference today and was…

RBI Releases National Strategy for Financial Education for 5 Years

Reserve Bank of India (RBI) released a report on ‘National Strategy For…