The Reserve Bank of India (RBI) has announced a significant policy change set to take effect from January 1, 2026, that will eliminate prepayment charges for many. This move is a game-changer, especially for those with floating rate home loans and other floating rate advances. Who Benefits Most? The primary beneficiaries are floating rate loan … Read more
Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman embarks on official visit to Spain, Portugal and Brazil from 30th June to 5th July 2025 Union Finance Minister will address at 4th International Conference on Financing for Development (FFD4) organised by United Nations FM Smt. Sitharaman will address the 10th Annual Meeting of New … Read more
July 2025 is bringing a significant wave of financial changes set to impact your personal finances across various sectors. From new tax compliance rules to railway ticket booking updates and revisions in credit card policies, here’s what you need to know: Key Financial Changes in July 2025 Aadhaar and PAN: A Tighter Link Starting July … Read more
PRESS RELEASERESERVE BANK OF INDIAWebsite : www.rbi.org.in Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort,email : helpdoc@rbi.org.in Mumbai – 400 001 /Phone: 022 – 2266 0502 Money Market Operations as on June 04, 2025 @ Based on Reserve Bank of India (RBI) / Clearing Corporation of India Limited (CCIL).− Not Applicable / No … Read more
Securing a loan or credit card in India is increasingly tied to one crucial number: your credit score. As financial institutions tighten their lending norms, understanding and maintaining a strong credit profile has never been more important. Simply put, your credit score is a three-digit number that tells lenders how creditworthy you are. In India, … Read more
PRESS RELEASRESERVE BANK OF INDIAWebsite : www.rbi.org.in Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort,email : helpdoc@rbi.org.in Mumbai – 400 001 /Phone: 022 – 2266 0502 Money Market Operations as on May 30, 2025 @ Based on Reserve Bank of India (RBI) / Clearing Corporation of India Limited (CCIL).− Not Applicable / No … Read more