RBI Digital Currency, CBDC: Targeting 1 million CBDC users by end of this month: RBI deputy guv The Reserve Bank of India (RBI) is targeting one million users of the central bank-backed digital currency (CBDC) by June-end, deputy governor T Rabi Shankar said on Thursday in a press conference after the monetary policy announcement. Sankar said the RBI does ...
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Full list of banks offering highest FD rates
Full list of banks offering highest FD rates The Reserve Bank of India (RBI) on Thursday kept the key repo rate unchanged yet again at 6.5 percent in its June Monetary Policy Committee (MPC) meeting today, which means this can still be a good time to lock your money in long-term fixed deposits before banks start cutting deposit rates. ...
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Read More »Banks to issue Rupay prepaid forex cards for Indians travelling abroad: RBI
Banks to issue Rupay prepaid forex cards for Indians travelling abroad: RBI In order to expand payment options for Indians travelling abroad, the Reserve Bank of India on Thursday decided to allow issuance of RuPay Prepaid Forex cards by banks in India for use at ATMs, PoS machines and online merchants overseas. Further, RuPay Debit, Credit, and Prepaid Cards ...
Read More »Know the annual bank locker charges across India
Know the annual bank locker charges across India Is FD a must? All your queries on opening a bank locker answered How will the Reserve Bank of India’s new locker norms impact you? Safety to liability: What changes for bank locker customers from Jan 1 Banks get time till Dec end to renew safe deposit locker agreements MPC lowers projection ...
Read More »50% of Rs 2,000 notes returned to banks since announcement: RBI Guv Das
50% of Rs 2,000 notes returned to banks since announcement: RBI Guv Das RBI Monetary Policy: Repo rate up by 25 bps, FY23 inflation pegged at 6.5% RBI MPC: When and where to watch policy announcement by Shaktikanta Das RBI MPC: When and where to watch policy announcement by Shaktikanta Das India was close to printing Rs 10,000 notes in ...
Read More »Rupay forex cards to your fixed deposits: How today's RBI policy impacts us
Rupay forex cards to your fixed deposits: How today's RBI policy impacts us In order to expand payment options for Indians travelling abroad, the Reserve Bank of India governor decided to allow issuance of RuPay Prepaid Forex cards by banks in India for use at ATMs
Read More »Repo rate unchanged, what do experts say about it?
Repo rate unchanged, what do experts say about it? The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI), on Thursday, announced its decision to keep the repo rate unchanged at 6.5 per cent. RBI governor Shaktikanta Das said that the committee took the decision unanimously. The gross domestic product (GDP) forecast for 2023-24 (FY24) has also ...
Read More »A snapshot of term insurance plans with 2 riders offered by various firms
A snapshot of term insurance plans with 2 riders offered by various firms 2023 may see an M&A surge in insurance sector: Shriram General Insurance MD Composite insurance licence regime may trigger M&A activity: HDFC Life CFO LIC may look at composite licence post amendment in Insurance Laws Proposed changes to insurance laws may cause health claim disputes: Unions New ...
Read More »Aditya BSL Medium Term Plan
Aditya BSL Medium Term Plan Fund Pick: Aditya Birla Sun Life Short Term Fund a consistent outperformer Fund pick: SBI Focused Equity Fund Fund pick: Nippon India Tax Saver Fund Fund pick: DSP Midcap Fund Fund pick: UTI Flexi Cap Fund A snapshot of term insurance plans with 2 riders offered by various firms Opt out of pesky calls, then ...
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