December 14, 2020 No Comments

Big decision of RBI, RTGS service now available 24X7

The Reserve Bank of India (RBI) has announced that from 14 December 2020 the real time gross settlement system (RTGS) in the country will start working 24×7 hours throughout the year. This will facilitate a lot of people doing digital transactions. This service will be available to customers all the time from 12:30 pm today […]

December 7, 2020 No Comments

RBI directs HDFC Bank to stop selling new credit cards

The Reserve Bank of India has asked a private sector lender, HDFC Bank, to discontinue the new sourcing of credit cards to customers on a temporary basis, along with its digital launch. The central bank has also asked the bank to stop launching digital business-generating activities that are employed under Digital 2.0 as well as […]

November 4, 2020 No Comments

Finance Minister Nirmala Sitharaman to announce incentive package soon

On November 03, 2020, Economic Affairs Secretary Tarun Bajaj said that Finance Minister Nirmala Sitharaman will soon announce another stimulus package to speed up the economy affected by the Coronavirus crisis. In a conversation with reporters through video conference, he said that the Finance Ministry is looking into the suggestions and requests received from various […]

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