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In FY18, the government had completed the scheduled borrowing of Rs 1.02 lakh crore through Small Savings Scheme). (Representational image)

Freedom from financial woes

Your household expenses should not be more than 30-35 per cent of your income

16 Aug 2021 9:03 AM IST

To begin with e-Rupi facility will be available for health services and would later be expanded to other segments. PTI

Prime Minister launches e-RUPI

e-Rupi voucher will be delivered in the form of a QR code or SMS string-based e-voucher to the beneficiary's mobile...

3 Aug 2021 8:31 AM IST

Reserve Bank of India on Thursday released a national strategy for financial education to be implemented in the next five years. (PTI Photo)

RBI to leave rates untouched again

MPC may shrug off inflation build-up

2 Aug 2021 12:19 PM IST

So far ICICI Bank, HDFC Bank, Federal Bank and CSB that have announced their Q1 earnings have seen a spike in retail slippages, particularly from gold loans. (Representational Photo:PTI)

Slippages from gold loans rise for private banks in Q1

There has been a sharp spike in retail slippages, especially from gold loans and the farm segment, as the Covid second...

26 July 2021 12:58 AM IST

In August 2019, the Reserve Bank of India (RBI) had issued a framework for processing of e-mandates on recurring online transactions. Representational image

RBI extends timeline to comply with new rule for online transactions...

The primary objective of the framework was to protect customers from fraudulent transactions and enhance customer...

1 April 2021 7:41 AM IST

Forbearance represents emergency medicine that should be discontinued at the first opportunity when the economy exhibits recovery, the survey stated. (Representational Photo:DC)

Economic Survey 2021 calls for fresh asset quality review

Pandemic concessions to banks need a quick end

30 Jan 2021 4:38 AM IST

Outside view of Lakshmi Vilas Bank, in Mumbai, Wednesday, Nov 18, 2020. Shares of Lakshmi Vilas Bank (LVB) plunged as much as 20 per cent -- lower circuit -- on Wednesday after the Reserve Bank of India (RBI) imposed a 30-day moratorium on the cash-strapped lender, restricting cash withdrawals at Rs 25,000 per month. (PTI Photo)

Lakshmi Vilas Bank shareholders to get nothing after merger with DBS...

However, depositors need not worry as their deposits will be transferred to DBS and would be fully secured

19 Nov 2020 5:18 AM IST

Reserve Bank of India announced a slew of measures to maintain market stability. (PTI Photo)

Lakshmi Vilas Bank placed under moratorium, RBI proposes merger with...

As part of the moratorium, the regulator has capped deposit withdrawals by customers to Rs 25,000

18 Nov 2020 3:29 AM IST

Reserve Bank of India on Thursday released a national strategy for financial education to be implemented in the next five years. (PTI Photo)

RBI announces Co-lending scheme for banks, NBFCs for priority sector

The primary focus of the revised scheme is to improve the flow of credit to the unserved and underserved sector of the...

6 Nov 2020 1:42 PM IST

Reserve Bank of India (RBI) sets out proposals for tighter governance at banks. (PTI Photo)

RBI gives relief to big ticket loans of above Rs 75 lakh

The latest announcement regarding home loan risk has done away with the requirement of factoring in loan amount while...

10 Oct 2020 5:43 PM IST

Reserve Bank of India announced a slew of measures to maintain market stability. (PTI Photo)

RBI rides to rescue, unveils steps to cool rising bond yields

The RBI has allowed an additional 2.5 per cent of deposits for banks as HTM for the second half of the current financial...

1 Sept 2020 12:28 PM IST

The newly-issued Rs 2000 notes. (Photo: PTI)

Don't jump, Rs 2000 currency notes slowly being phased out

As per RBI's latest annual report, the big note was not printed at all during 2019-20

26 Aug 2020 9:24 AM IST