Small businesses in India may soon find it easier to access working capital. The Reserve Bank of India (RBI) has announced new measures to simplify the rules for businesses using the Trade Receivables Discounting System (TReDS) platform. The move is aimed at helping Micro, Small and Medium Enterprises (MSMEs) get quicker access to funds and … Read more
If you need to deposit money, clear a cheque, get a demand draft, or complete any important banking work, it is a good idea to plan ahead. Banks in some states may remain closed for three consecutive days this weekend due to Muharram, the fourth Saturday, and Sunday. Banks Open Until June 25 Public and … Read more
If you have any important bank-related work pending, it’s a good idea to finish it as soon as possible. In the last week of June 2026, banks in many parts of the country will remain closed for four consecutive days due to Muharram and the regular weekend holidays. According to the Reserve Bank of India’s … Read more
The Reserve Bank of India (RBI) has issued the final guidelines for the Kisan Credit Card (KCC) scheme. The new rules include several suggestions received from banks and stakeholders during the consultation process. In a major relief for farmers and banks, the RBI has postponed the implementation of the revised framework. The new KCC guidelines … Read more
There is good news for Non-Resident Indians (NRIs) looking to invest their overseas earnings in India. Several banks have increased interest rates on FCNR(B) deposits after the Reserve Bank of India (RBI) announced measures to encourage foreign currency inflows. As a result, some banks are now offering interest rates of up to 7.1% on US … Read more
If you are planning to take a home loan, car loan, or personal loan in the coming years, your CIBIL score could play a bigger role than ever before. The Reserve Bank of India (RBI) is set to introduce a new Expected Credit Loss (ECL) framework from April 1, 2027. Experts believe that this change … Read more
The Reserve Bank of India (RBI) has announced a major change that could benefit Non-Resident Indians (NRIs) looking to park their money in Indian banks. In a move aimed at attracting more foreign funds into the country, the RBI has temporarily removed interest rate limits on certain NRE and FCNR(B) deposits. This means banks now … Read more
The Reserve Bank of India (RBI) has introduced new rules to protect bank customers from misleading sales practices and unwanted product promotions. Under the latest guidelines, banks have been clearly warned not to mislead customers or force financial products on them. RBI has also said that strict action will be taken against any bank that … Read more
The Reserve Bank of India (RBI) has taken a major step to protect bank customers from misleading sales practices. The central bank has made it clear that banks cannot force products or schemes on customers or provide misleading information to increase sales. If any bank is found violating these rules, it could face strict action … Read more
The Reserve Bank of India (RBI) has announced stricter rules for banks and other regulated financial institutions to protect customers from misleading sales practices. The new guidelines are aimed at preventing the mis-selling of financial products such as insurance, loans, investment products, and other banking services. The RBI wants to ensure that customers fully understand … Read more
If you use an IndusInd Bank credit card, there’s an important update you should know. Starting June 15, the bank has introduced several changes to its credit card charges and policies. These changes could make your credit card usage more expensive, especially if you make late payments, spend heavily on fuel, travel, or shop on … Read more