Tag: RBI

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RBI puts more money in your pocket! How much will your loan EMIs come down with repo rate cut? Explained

The actual transmission of rate cuts works with a lag, and it usually takes a few months for loan borrowers to see a...

Sovereign Gold Bonds: RBI announces Rs 8,634 Final Redemption Price for SGB 2016-17 Series IV, 193% return in 8 years; check details

RBI announces final redemption price of Sovereign Gold Bond 2016-17 Series IV The Reserve Bank of India (RBI) has declared the final redemption...

Look up who you are paying via NEFT soon

MUMBAI: RBI has asked the National Payments Corporation of India to develop a facility to allow customers using online fund transfer systems,...

RBI sets up panel for ethical AI use

MUMBAI: RBI has formed a panel to guide ethical AI adoption in the financial sector. The committee on Framework for Responsible and...

Avoiding ATM fake shutter fraud: Why some ATMs will now retract cash as per RBI mandate

ATMs are equipped with a mechanism that automatically retrieves unattended currency notes. (AI image) ATM cash retraction new rules: The Reserve Bank of...

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