A working paper by the () has proposed changes in the focus of (PSAs), saying they are economically less efficient when compared to public funds. This, it said, will give…
Category: Banking And Finance
RBI issues draft rules for acquiring immovable assets against loans: What they mean for lenders and borrowers
The Reserve Bank of India (RBI) on Tuesday issued draft guidelines for acquisition of immovable assets by regulated entities – such as banks NBFCs and other licensed lenders – in…
Car loan interest rates May 2026: SBI, ICICI, HDFC and top banks offer from 7.60% – Full comparison
Are you looking for a car loan? Before you proceed, it is essential to have a clear repayment plan in place. Proper planning ensures you avoid falling into a cycle…
PhonePe has a new AI tool to cut a process from weeks to minutes
What once took weeks of coding and back-and-forth could now be done in minutes, as rolls out a new AI-driven system aimed at speeding up how businesses start accepting payments,…
RBI tells SC: 30 banks linked to UDGAM portal; PIL seeks wider integration, hearing on unified assets search on 19 May
The Reserve Bank of India (RBI) has informed the Supreme Court that 30 banks have been integrated with its Unclaimed Deposits – Gateway to Access Information (UDGAM) portal. The integration…
PPF account: You will remain a crorepati despite drawing ₹1 lakh monthly pension for 20 years
PPF Account: A (PPF) account is a long-term investment tool for an earning individual because it comes with dual benefits. First, it is a tax-saver investment tool under Section 80C…
PNB hikes cybersecurity spend as AI models including Anthropic’s Mythos raise risks
BENGALURU/MUMBAI: is stepping up investments in and accelerating procurement of technology to guard against rising digital threats including those from advanced , a senior executive said on Tuesday. Assembly Elections…