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rbi: Bank of Baroda cannot offer ‘BoB World’ app to new users: RBI

rbi: Bank of Baroda cannot offer ‘BoB World’ app to new users: RBI [ad_1] The Reserve Bank of India (RBI) has directed Bank of Baroda (BoB) to suspend any further onboarding of their customers onto the ‘bob World’ mobile banking application. This direction to BoB from the RBI is with immediate effect. However, do note that the RBI directive to ...

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input tax credit: GST Council likely to clarify premium on life insurance

input tax credit: GST Council likely to clarify premium on life insurance [ad_1] (This story originally appeared in on Oct 09, 2023) NEW DELHI: The GST Council will soon provide clarity on input tax credit for life insurers, following a recent Rs 290-crore demand on Life Insurance Corporation — a move that is expected to come as a relief for ...

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Quick, easy personal loans may become difficult now as RBI tells banks, NBFCs to be more careful

Quick, easy personal loans may become difficult now as RBI tells banks, NBFCs to be more careful [ad_1] Getting quick and easy personal loan will get difficult for more and more borrowers in coming days as RBI has cautioned banks and NBFCs against the steep rise in the personal loan disbursal. Most of the lenders have been focusing more on ...

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rbi: RBI urges caution on rising personal loans, tells Banks & NBFCs to look for signs of nascent stress – The Economic Times Video

The Economic Times

rbi: RBI urges caution on rising personal loans, tells Banks & NBFCs to look for signs of nascent stress – The Economic Times Video [ad_1] rbi: RBI urges caution on rising personal loans, tells Banks & NBFCs to look for signs of nascent stress – The Economic Times Video | ET Now ET Online | 06 Oct 2023, 03:22 PM ...

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rbi: RBI hikes UCBs Gold Loan limit for bullet repayments, announces new card tokenisation channel – The Economic Times Video

The Economic Times

rbi: RBI hikes UCBs Gold Loan limit for bullet repayments, announces new card tokenisation channel – The Economic Times Video [ad_1] rbi: RBI hikes UCBs Gold Loan limit for bullet repayments, announces new card tokenisation channel – The Economic Times Video | ET Now ET Online | 06 Oct 2023, 12:08 PM IST The Reserve Bank of India (RBI) has ...

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home loan interest rates: High EMIs for home loan borrowers to continue as RBI holds repo rate; no respite from high home loan interest rates

home loan interest rates: High EMIs for home loan borrowers to continue as RBI holds repo rate; no respite from high home loan interest rates [ad_1] Home loan borrowers, who were hoping to get some reprieve from high interest rate, are in for another disappointment. The Reserve Bank of India (RBI) has yet again decided to hold the repo rate, ...

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RBI MPC | RBI Repo Rate: Will FD interest rates drop sharply if RBI MPC keeps repo rate unchanged on October 6, 2023?

RBI MPC | RBI Repo Rate: Will FD interest rates drop sharply if RBI MPC keeps repo rate unchanged on October 6, 2023? [ad_1] The Reserve Bank of India (RBI) monetary policy committee (MPC) is likely to put a pause on the repo rate again in its bi-monthly review scheduled on October 4-6, 2023. If the central bank keeps the ...

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4 myths and facts about financial planning you should know

4 myths and facts about financial planning you should know [ad_1] On the occasion of world financial planning day on October 4, 2023, the Financial Planning Standards Board (FPSB) India, released a survey report titled ‘Global Value of Financial Planning Consumer Study 2023’. The survey report focuses on many aspects such as financial confidence, quality of life, financial satisfaction, etc. ...

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5 core SBI banking services at your doorstep: State Bank of India launches ‘Mobile Handheld Device’

5 core SBI banking services at your doorstep: State Bank of India launches ‘Mobile Handheld Device’ [ad_1] With an aim to empower financial inclusion and provide vital banking services to the public, the State Bank of India has introduced a ‘Mobile Handheld Device’ for its financial inclusion customers. “This is a significant step towards improving accessibility and convenience in banking ...

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How falling household savings affect the economy

How falling household savings affect the economy [ad_1] The financial savings of households crashed to a multi-decade low in 2022-23 due to higher inflation. ET Wealth analyses the impact. Fall in overall savings rate is cause for concern WHY DO SAVINGS MATTER? Consumption and investment are major components of national income. Savings generate funds for investment and support national income. ...

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