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.
The Positive Pay System is a revolutionary tool for ensuring secure cheque transactions.