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7 mins read
Secured Loans 2.0 — why more and more Indians are turning to gold, shares and mutual funds to get loans
Indians are increasingly turning to secured loans like gold loans and loans against securities (LAS…
7 mins read
Simply Put: Secured Loans 2.0 — why more and more Indians are turning to gold, shares and mutual funds to get loans
Gold loans are surging in India, driven by rising gold prices and a desire for quick cash. Loans a…
2 mins read
What has changed for your credit cards, starting today?
Starting today, RBIs new rules mandate that all credit card transactions in the country be processe…
2 mins read
My company is like my daughter... it was an emotional setback: Paytm founder Vijay Shekhar Sharma
Speaking at the 7th JIIF Foundation day, Sharma was asked about Reserve Bank of India (RBI's) actio…
PTI
2 mins read
RBI rules out review of action against Paytm Payments Bank
Reserve Bank of India Governor Shaktikanta Das on Monday ruled out any review of the central bank's…
PTI
2 mins read
At ₹395, Paytm shares hit upper circuit for fourth straight session
Shares of One97 Communications which owns Paytm brand hit the upper circuit for the fourth consecut…
PTI
2 mins read
Paytm shares tank 10% to extend losses for second day
Shares of Paytm's parent company One97 Communications tanked 10 per cent on Wednesday after reports…
PTI
5 mins read
Late fees on credit cards rising — Know rules, charges and how to avoid them
Using a credit card comes with several advantages. You basically get an interest free loan for 45 d…
3 mins read
With food inflation looming large, ‘shallow rate’ cuts expected only in Q3 FY25
The ongoing heatwave conditions, and projections of a harsher summer, are likely to impact India’s …
2 mins read
If you’re paying electricity, water, LPG bills via auto-debit, RBI’s new norms affect you
Reserve Bank of India’s (RBI) new norms for auto-debit transactions will come into effect from toda…
2 mins read
From increased premium payments to getting seven midnight calls, users vent on social media against RBI’s new auto-debit rules
A user complains that he will have to re-authenticate all the recurring payments. Another…
2 mins read
Credit card payments on foreign tours to be brought under LRS to ensure compliance with TCS
Credit card payments for foreign travel will be brought under the purview of the Liberalised Remitt…
PTI
2 mins read
UPI in 2024 – Five rule changes that you need to know
The year 2024 has begun and with this, there have been some changes in the financial sector. Unifie…
2 mins read
PhonePe moves domicile from Singapore to India
PhonePe moves domicile from Singapore to India
1 min read
RBI lifts business curbs imposed on American Express Banking Corp
The Reserve Bank of India (RBI) has lifted the business restrictions imposed on American Express Ba…
2 mins read
From adjusting refunds against amount due to charges for disputes, here are the new credit card rules effective from July 1
Credit card users and issuers have some new rules to be aware of, as the Indian central bank, the R…
2 mins read
Payments Council of India approaches government over central bank’s directive on credit lines
RBI had issued the circular after commercial banks had approached it over a likely breach of r…
3 mins read
Banks reportedly seek clarity on crypto’s relationship with India’s largest payments service
Banks in India have reached out to the National Payments Corporation of India (NPCI) seeking clarit…
3 mins read
Look to refinance your home loan to save on EMI payments
Since May 2022, the EMI per lakh has gone up from ₹899 to ₹1,044. The RBI has raised the repo rate …
2 mins read
Indian banks get a six-month breather to comply with RBI's new framework for auto-debit payments
The Reserve Bank of India (RBI) has extended the deadline for banks in India to comply with its new…