New repo rates of 4 percent and a reverse repo rate of 3.35 percent, effective December 2020, were announced by India's Reserve Bank...

The mortgage lender HDFC Ltd has upped its retail prime lending rate (RPLR) on housing loans, which means monthly EMIs are anticipated to...

The Reserve Bank of India agreed on Friday to allow all banks to adopt card-less cash withdrawals through ATMs in an effort to combat...

RBI Governor Shaktikanta Das said on Thursday that the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) has held the...

The Banking Ombudsman Scheme was established in 2006.In 2006, the Banking Ombudsman Scheme (BOS) was established. It was last updated in...

Under the RBI Retail Direct Scheme, which Prime Minister Narendra Modi announced on Friday, retail investors may now purchase and sell...

The Reserve Bank of India has enhanced the per transaction limit through Immediate Payment Service from Rs 2 lakh to Rs 5 lakh in order...

Eight major banks have joined the Account Aggregator (AA) network, which allows them to share consumer bank data while also attracting...