Punjab National Bank (PNB) has introduced a new loan scheme called PNB Divyang Loan to support persons with disabilities. The scheme offers affordable home and vehicle loans and has been launched in partnership with the National Disability Finance and Development Corporation (NDFDC). The initiative aims to improve financial independence, mobility, and access to housing for … Read more
The Reserve Bank of India (RBI) has decided to keep its key policy repo rate unchanged at 5.25%, as expected by most market experts. The decision came after the conclusion of the three-day Monetary Policy Committee (MPC) meeting. Along with the repo rate, the RBI has also maintained its neutral stance on monetary policy, signaling … Read more
Good news for Indian travellers. Indian citizens will no longer need a transit visa if they are travelling to another country and have a stopover at a German airport. The announcement was made by the German Embassy on Tuesday, bringing relief to thousands of Indians who travel through Germany every year. New Rule Effective From … Read more
Digital payment fraud has become a growing concern as more people use UPI, debit cards, and online banking. To improve customer safety, the Reserve Bank of India (RBI) is now considering a new security feature called a “Kill Switch.” If implemented, this feature could allow customers to instantly stop all debit transactions from their bank … Read more
The Reserve Bank of India (RBI) has launched its annual survey for the financial year 2025-26 to collect information on the foreign assets and liabilities of mutual funds operating in India. The data collected through this exercise will help the RBI understand India’s financial exposure to overseas markets and improve the accuracy of the country’s … Read more
Several important financial rule changes have come into effect across India from June 1, 2026. These updates affect banking services, credit cards, and customer notifications, and could have a direct impact on your daily expenses. Among all the changes, the new credit card rules are attracting the most attention because they affect how millions of … Read more
Most people only look at their Aadhaar card when they need it for KYC, opening a bank account, updating a mobile number, or applying for government services. But a small mistake in your Aadhaar details can stay unnoticed for years and suddenly create problems when your bank asks for fresh KYC verification. While your account … Read more
India may soon see plastic currency notes in circulation. According to reports, the Reserve Bank of India (RBI) is considering the introduction of polymer banknotes as rising demand for paper currency continues to increase printing costs. The proposal was reportedly discussed during recent RBI board meetings held in Patna and Mumbai. A pilot project for … Read more
Punjab National Bank (PNB) has introduced a new digital loan scheme called “DIGI PNB SHRAM SAATHI” for frontline community workers across India. Under this scheme, eligible workers can get collateral-free loans of up to Rs 1 lakh without lengthy paperwork or branch visits. The bank says the initiative is part of the government’s “Vision Viksit … Read more
Credit cards have become one of the most popular financial tools in India. People use them not just for borrowing money, but also for rewards, cashback, travel benefits, discounts, and online shopping offers. For years, banks and NBFCs aggressively promoted credit cards through pre-approved offers, cashback deals, reward points, and premium benefits. This strategy helped … Read more
The Reserve Bank of India (RBI) has introduced new rules for directors of Urban Cooperative Banks (UCBs). Under the updated guidelines, no person will be allowed to remain a director on a bank’s board for more than 10 continuous years. After completing a 10-year term, the person can return to the board only after taking … Read more