Personal loan: Burrowers must take note that the fintech platform should have a well-functioning customer care system. Even as the loans can be accessed digitally via an app, in case, you run into a problem, then somebody should be there to help you out.
Das also stressed on improving female labour force participation in India as it is lower than global average
RBI Grade B Phase 1 Admit Card 2024 has been released by the Reserve Bank of India (RBI). Candidates appearing in the RBI Grade B Recruitment exam 2024 can download their call letters by visiting the official website of RBI, rbi.org.in.
Bank Holidays September 2024: All public and private sector banks in India will be closed for 15 days in September. However, online banking services will remain operational, allowing customers to conduct transactions through bank websites, mobile apps, or ATMs.
RBI has issued a warning about a new type of fraud, which hackers are using to dupe users. In light of this, people have been cautioned to avoid falling into the hackers' trap.
Business news: Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves.
Janmashtami bank holidays: Because of Janmashtami, both public and private sector banks will remain shut in several cities that will observe the holiday on Monday.
Denmark's Christian Kettel Thomsen and Switzerland's Thomas Jordan, Das was recognised for his effective management of inflation, economic growth, currency stability, and interest rates. This accolade highlights his successful monetary policies amidst global economic challenges.
RBI Governor Shaktikanta Das has been awarded an "A+" rating by Global Finance magazine, making him one of only three central bank governors globally to receive the top distinction for the second consecutive year. The rating recognises Das's leadership in navigating India's economic challenges.
Finance Minister Nirmala Sitharaman urged banks to prioritise their core business activities, emphasising the necessity of collecting deposits and lending with increased strictness.
RBI Governor Shaktikanta Das made several significant announcements today. Let's understand how these changes might impact the general public.
RBI Governor Shaktikanta Das also proposed creating a public repository of digital lending apps to curb unauthorized players and expressed concerns over the rising disbursals of top-up home loans.
This marks the ninth consecutive time the MPC has held the repo rate at 6.5%, maintaining its stance of 'withdrawal of accommodation' to steer inflation towards the desired target. The decision received majority support, with four out of six members in favour.
Cash pay-out refers to arrangements for amounts being transferred out of bank accounts to beneficiaries not having a bank account.
The RBI stated that the disruptions faced by these institutions have either been resolved or are currently being addressed. This reassurance comes in light of concerns over potential impacts on financial operations due to the global technical glitch.
With increased reserves, India is better positioned to manage currency volatility and maintain economic stability amidst global uncertainties. This growth in reserves also reflects the success of India's economic policies and reforms aimed at attracting foreign investments and boosting exports.
RBI Grade B recruitment 2024 detailed notification will be soon released by the Reserve Bank of India (RBI). Interested individuals can submit their online applications from the official website, rbi.org.in, once the registration forms are released. Check eligibility, how to apply, fee, and more.
In the SBI versus Rajesh Agarwal case, a Supreme Court bench led by CJI DY Chandrachud batted for the rights of the borrower to be heard before an account is classified as fraud.
A viral claim was made on social media that Rs 500 notes carrying 'Star' mark are fake. Know the truth behind the viral claim.
According to Reserve Bank of India data, India registered an annual employment growth rate of 6 per cent in the FY 24. Last year, the annual employment growth rate was 3.2 per cent only.
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