The RBI issues these bonds on behalf of the Government of India.
Experts note that the new RBI guidelines play a vital role in removing bias from digital lending platforms.
Under the revised rules, the maximum fee for ATM transactions beyond the free limit has increased from ₹21 to ₹23.
Gold loans have surged by nearly 50% since September 2024, significantly outpacing the growth of other loan categories.
This latest repo rate cut, if followed by banks, can further stimulate borrowing and provide relief to consumers.