SBI-cuts-MCLR

SBI Cuts 0.15% in Interest Rates, ‘SBI Veecare Deposit’ For Senior Citizens

SBI Rate Cuts by 0.15% – State Bank of India (SBI) has reduced its Fund’s Marginal Cost Based Interest Rate (MCLR) by 0.15 per cent.

whatsapp-payments

Now Get a Loan From Whatsapp Payments, to enter the lending business in India

A big consumer base in India is attracting Whatsapp to start the Credit & lending business –  Facebook led whatsapp has listed credit as one

Google-debit-card

Google Now Launching – Debit Cards

Google next big product in the market – a co branded debit card with different banks like Citibank or Stanford Federal Credit Union. A report

hdfc-share-buy-china-bank

People’s Bank of China picks up 1% shares in HDFC

The People’s Bank of China (PBoC) has purchased 1.75 crore shares or 1% in one of the largest housing finance lenders in India, HDFC Ltd.

RBI 3 months loan-moratorium

What 3 Months RBI’s moratorium on loan means for the borrowers ?

What does moratorium on loan mean ?  Moratorium period refers to the period of time during which you do not have to pay an EMI

SBI-vsFM

SBI To File FIR Over Leaked Audio Tape of FM Meeting

An audio tape was leaked on Whatsapp and Facebook of FM pulling up SBI Chairman for ill efficient – A day after a controversy erupted

DICGC

DICGC, Bank Deposit Insurance Cover Hiked to Rs 5 Lacs

DICGC Bank Deposit Cover Hiked to Rs 5 Lacs from existing Rs 1 lacs per bank in Union Budget 2020 – Union Finance Minister had

NEFT Charges

No NEFT, RTGS Transfer Charges on Saving Accounts across banks, RBI Issues Order

There will not be any charges on NEFT and RTGS done through the saving account. Recently RBI had made National Electronic Funds Transfer (NEFT) system