- Chetanya Rai
- 2 Min Read
Monetary Policy Meet June 2024: RBI Keeps Repo Rate Unchanged at 6.5%
RBI's Monetary Policy Committee maintains repo rate at 6.5% in June 2024, aiming to balance economic growth and inflation control.
- Rajeev Kumar
- 2 Min Read
Banks are Charging Unfair Interest on Loans from Customers. RBI says Stop it and Refund
RBI has directed banks to end unfair practices in loan business, including charging interest from loan sanction date. Refunds to be given.
- 1% Club News Team
- 2 Min Read
RBI alert: Beware of Prepaid Payment Instruments issued by unauthorised apps or websites!
RBI warns against Prepaid Payment Instruments by unauthorized apps/websites. Verify legitimacy before transactions.
- Rajeev Kumar
- 3 Min Read
RBI Key Facts Statement Format, Validity, Features, Benefits, Rules – Explained
The Reserve Bank of India has set the rules of Key Facts Statement (KFS) for loans and advances. Check all details here
- 1% Club News Team
- 2 Min Read
Why has HDFC Bank raised its Home Loan interest rate for New Borrowers?
HDFC Bank has increased its home loan interest rate since January. Know its impact on borrowers and current interest rates.
- Shatabdi Mistry
- 2 Min Read
5 Things To Know About Loans Against Mutual Funds
Loan against mutual funds: Borrowers must carefully consider eligibility criteria, loan limits and associated risks
- Samarth Srivastava
- 2 Min Read
What is Loan Evergreening?
Evergreening is a method used by banks to cover up the bad loans. Find out more about it.
- Rajeev Kumar
- 2 Min Read
RBI clarifies: What happens when you make partial Credit Card payment
Impact of partial credit card payment: Know what happens in this case, according to recent changes announced by RBI.
- Ferdinand Roshan
- 2 Min Read
What’s the difference between a co-borrower and a co-signer?
Although Co-Borrower and Co-Signer are used interchangeably, they are not the same. Read on to find out more.