Plan To Exchange Old Mutilated Notes, First Know What Are The Rules

Plan To Exchange Old Mutilated Notes, First Know What Are The Rules

[ad_1] Exchange Torn Note: We often get torn old notes. The shopkeepers also refuse to take these notes, after which people are forced to keep them with them. At the same time, many such notes come to some people. If you also have torn notes,…

Collection efficiency ratio of MFIs at comfortable level: Official

Collection efficiency ratio of MFIs at comfortable level: Official

[ad_1] Collection efficiency ratio of the microfinance sector is “comfortable” at 90-95 per cent and there has been no impact on recoveries despite the current Covid surge, a senior official said on Thursday. The collection efficiency ratio of the sector is “much better” than other…

RBI says liquidity rebalancing evolved satisfactorily; holds repo auction amid GST outflow

RBI says liquidity rebalancing evolved satisfactorily; holds repo auction amid GST outflow

[ad_1] NEW DELHI – The Reserve Bank of India’s efforts to rebalance the quantum of surplus liquidity in the banking system by shifting the excess funds from the overnight fixed-rate reverse window to variable rate reverse repo facilities has evolved satisfactorily, the central bank said…

Digital Payments Grew 40 Percent Year-on-year In September 2021 Said RBI

Digital Payments Grew 40 Percent Year-on-year In September 2021 Said RBI

[ad_1] Digital Payment Index: There has been a tremendous increase in digital payment across the country. Digital payments have grown by nearly 40 per cent year-on-year in September 2021. RBI has given information about this. According to the data released by the Reserve Bank of…

RBI's strictness on this scheme of Amazon and Flipkart, your shopping will be easy RBI's strictness on buy now pay later scheme of Amazon and Flipkart

RBI’s strictness on this scheme of Amazon and Flipkart, your shopping will be easy RBI’s strictness on buy now pay later scheme of Amazon and Flipkart

[ad_1] Photo:India TV Buy now pay latter Highlights In view of the lack of transparency, the Reserve Bank of India (RBI) decided to tighten In this scheme interest is being charged at the rate of 20-30% annually on delay from gullible consumers. This scheme has…