Banks
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Feature Stories
EPFO enhances payment options by adding 15 more banks to Direct Payment System
Employees’ Provident Fund Organisation (EPFO) has expanded its Multi-Banking Centralised Collection System by empanelling 15 more banks, bringing the total…
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Business
RBI asks banks to provide individual borrowers option to switch over to fixed rates at time of reset of interest rates
Reserve Bank of India, RBI, yesterday asked banks to provide fixed interest rate options to individual borrowers and directed the…
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Business
Don’t compound penal interest on loans : RBI to Banks, NBFCs
Reserve Bank issued guidelines to banks, NBFCs on levying of penal rates of interest on loans. RBI in a circular…
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