RBI impose penalty of 10 crores on HDFC Bank towards forcing auto loan cuy to buy GPS device.
The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 10 crore on HDFC Bank Limited for…
Tag: RBI
5 major changes kick in from December 1 – Online money transfers, Domestic LPG Cylinders, New trains …
From December 1, many rules ranging from LPG Cylinder prices to new timings for Real Time Gross Settlement System (RTGS),…
Recession: July-Sept GDP to contract 8.6%, estimates RBI
The Indian economy likely entered into a technical recession for the first time in history at the end of the…
Can’t extend loan moratorium period, may affect credit creation in economy: RBI to Supreme Court
The Reserve Bank of India (RBI) filed a fresh affidavit in the loan moratorium case and told the Supreme Court that…
RBI Monetary Policy: No respite to home, auto loan borrowers; RBI keeps interest rate unchanged at 4%
The EMIs on home and auto loans are unlikely to come down in the near term as the Reserve Bank…
New Debit Card, Credit Card rules from October 1: Everything you need to know
n an apparent attempt to make digital payments using debit cards and credit cards more secure, several new guidelines have…
RBI hikes LTV limit on gold loans to mitigate impact of COVID-19
Announcing the bi-monthly Monetary Policy on August 6, the Reserve Bank of India noted that the disruptions caused by COVID-19…
Consumer confidence collapses to historic low in May, says RBI survey
A survey released by the Reserve Bank of India (RBI) has showed that consumer confidence has collapsed to historic low…
RBI ramps up economic support; cuts interest rates, extends loan moratorium
The Reserve Bank of India (RBI) on Friday slashed interest rates, extended moratorium on loan repayments and allowed banks to…