RBI Action: If your savings or current account is with Bank of Baroda (Bank of Baroda) then this news is very important for you. Reserve Bank of India (Reserve Bank of India) Bank of Baroda (BoB) has been banned from adding new customers on its mobile app ‘Bob World’ with immediate effect. RBI said that … Read more
The Reserve Bank of India (RBI) has taken major action on the country’s largest public banks State Bank of India, Indian Bank and Punjab and Sindh Bank. The apex bank has imposed fine on all three. The central bank said in a statement that a fine of Rs 1.3 crore has been imposed on SBI. … Read more
RBI New Rule: Reserve Bank of India has given a big decision in favor of the customers in the matter of taking loan by mortgaging the property. The apex bank has ordered that if banks, NBFCs or housing finance companies delay in returning the property documents if the customer has repaid the loan taken, then … Read more
Patna. The reluctance of banks to give loans is costing heavily for the people of Bihar. Farmers, small shopkeepers and entrepreneurs have to go to Non Banking Finance Companies (NBFCs) for loans. Due to which both the number and amount of people taking loans from NBFCs are increasing in the state. There has been a … Read more
Dhruv Dhanraj Bahl, chief business officer (CBO) of financial technology platform BharatPe, is leaving the company after four years. The company has confirmed this. Recently, many top officials of Gurugram companies have resigned. Bahl joined the company in 2020 as head of operations. He was later promoted as Chief Operating Officer. After that, he was … Read more
Paytm Deal Shriram Finance: One97 Communications Limited, the parent company of Paytm, has tied up with retail non-banking financial company (NBFC) Shriram Finance Limited to provide loans and other financial services to customers. The company has said that under this partnership, the products and services of Shriram Finance will be available on Paytm. With this, … Read more
[ad_1] New Delhi : Due to the continuous increase in the interest rates (repo rate) by the Reserve Bank of India (RBI), the risk on the loan given to the small industry has increased. This risk is amplified on loans that have been given against property. In a report released on Tuesday by the rating … Read more