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Loan Against Silver: Key Points from RBI’s Latest Rules for Borrowers
October 25,2025 20:43 pm
Borrowing loan on silver is one of the most popular methods of short lending for most conservative Indians. The loan can, without selling one’s precious metals for cash, help in meeting emergency needs. However, it has also made it quite important for borrowers seeking loans against silver as they need to be aware of the […]
RBI’s Major Updates On Zero Balance Savings Accounts
October 5,2025 20:52 pm
Recently, the Reserve Bank of India (RBI) had opened a draft circular that contained some proposals for drastic changes with regard to the zero balance savings accounts – a scenario that will affect millions of account holders in the country. The update aims at streamlining operations at the bank, enhancing transparency, and ensuring customers are […]
RBI Offers Free Digital Banking to No-Frills Account Holders
October 1,2025 12:54 pm
Free Digital Banking: The Reserve Bank increased the range of services available to Basic Savings Bank Deposit (BSBD) accounts on Wednesday, allowing those with simple accounts to access the digital banking facility for free. The purpose of BSBD accounts is to give account users free access to basic banking services. Cash deposits at bank branches […]
Fact Check: Is the Government Stopping Rs 500 Notes in ATMs?
July 16,2025 19:54 pm
Rs 500 Notes: A rumor recently went viral on social media claiming that the Reserve Bank of India (RBI) will stop dispensing Rs 500 notes from ATMs starting September 30, 2025. According to this message, only Rs 200 and Rs 100 notes will be available at ATMs in the future. This sparked panic among the […]
Hidden Impact of an Inactive Credit Card on Your Credit Score
July 4,2025 23:05 pm
Inactive Credit Card: Credit cards offer a lot of benefits, but many people forget about their unused cards. You can keep a credit card inactive for up to one year, but to maintain a good credit score, it’s important to use it at least once within that period. Inactive Credit Card: What Happens If You […]
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