RBI warns against the mushrooming of digital lending apps, wants to follow rules
The intention of the central bank is not to penalize or stifle anyone but to ensure that everyone follows traffic rules.
Source: dnaindia.com
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RBI directs closure of business for this bank, customers will not be able to withdraw money after Sep 22
According to the RBI, the bank will stop operating on September 22. Customers will be unable to deposit or withdraw funds in such a situation.
Source: dnaindia.com
UPI payments may no longer be free as RBI floats proposal for charges
UPI payments may no longer be free as RBI floats proposal for charges
Source: bgr.in
SEBI Cuts Listing Time For Real Estate, Infrastructure Investment Trusts
REITs and InvITs are relatively new investment instruments in the Indian context but are extremely popular in global markets
Source: ndtv.com
Check Out RBI's New Rules For Credit, Debit Cards Effective From July
RBI's New Rules For Credit, Debit Cards: The Reserve Bank of India (RBI) has instructed credit card issuers not to issue unsolicited credit cards or upgrade current cards without the customer's specific agreement. "The issue of unsolicited cards/upgradation is strictly prohibited," the RBI stated in its master directives on credit and debit card issuance. These guidelines will
Source: sakshi.com