Tag Archives: RBI
Know about “Know your Customer”
With KYC, banks are advised to issue travelers cheques, demand drafts, mail transfers, and telegraphic transfers for Rs.50,000 and above only.
Ideal time to take a
If you are looking to take a loan, this is the probably the best time in the year to go ahead with the plan.
Now 90 percent of loan
Recently many major banks have reduced interest rate on home loans which combined with this move helps many home loan seekers.
In-principle approval to 10 entities
After RBI gave approval to eleven entities for launching Payments Banks, the in-principle approval has been granted within a month.
RBI cuts interest rate by
The decision of Reserve Bank of India to cut interest rate is expected to impact many sectors especially the auto and real estate sectors.
Opinion Polls
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