March is a month of mixed emotions. For many, it signals the end of winter, and the beginning of the beautiful spring season. However, for banks and financial institutions, March means the end of the financial year. With the annual closing of accounts scheduled for March 31, … [Read more...] about RBI’s New Notice: Banks Must Keep Branches Open Till End of Financial Year
reserve bank of india
The Reserve Bank of India (RBI) is the central banking institution of India and one of its main functions is to regulate the country's monetary policy. One of the tools that the RBI uses to influence the economy is the repo rate, which is the rate at which commercial banks … [Read more...] about How Will An Increase In Repo Rate By RBI Affect The Common Man?
Central Bank is launching Digital currency for retail use on December 1st, 2022 in India. To start with, the digital currency is rolled out via banks in selected, leading cities. Though this is a pilot launch, we can expect a regular launch pretty soon where digital currency … [Read more...] about Central Bank Digital Currency Is Launched For Retail Use On Dec 1 | FAQs And Official information!
Hiring a locker in a bank is a common practice. Due to theft or other safety issues, we often resort to a bank locker to keep our jewels, important documents and other (legal) belongings in a bank locker. There is a procedure to rent a locker in a particular bank and there is … [Read more...] about Bank Locker New Rules Regarding Theft, Rent, Transparency And More | Must Know Rules In Tamil
Card tokenization is about to be rolled out soon. The process, though sounding straightforward on paper, is indeed somewhat complicated when implemented. Given the current situation, implementing card tokenization will pose various challenges that will affect both businesses … [Read more...] about Card Tokenisation Issues | What Challenges You Should Expect In Debit / Credit Card Transactions
Linking Pan Card with Aadhar Card now has a new deadline of March 31, 2023, after which your PAN card will become inoperative. It was unclear as to what it means by "PAN card becoming inoperative" and what consequences will an inoperative PAN card bring. RBI has given a … [Read more...] about What Does It Mean By Pan Card Becoming Inoperative? RBI Gives Clarification
A few days ago information about RBI's new debit card rule was out. It created panic and discomfort among various debit and credit card users. By January 2022, RBI announced that ecommerce websites and any websites that allow online transactions are not allowed to save credit … [Read more...] about RBI Card Tokenisation Rules | On Using Credit, Debit Cards For Online Transactions
If you are looking to get a bank locker for yourself or if you are already using a bank locker, you need to know about the new RBI rules regarding bank lockers. In today's video I explain all the new rules RBI has laid out regarding applying for bank lockers, and using … [Read more...] about RBI Bank Locker Rules | New Rules By RBI For Using Bank Lockers | Details In Tamil | Banking News
RBI has put out a new rule regarding using credit and debit cards for online shopping. In today's video I explain what the rule is and how it could affect you. After the implementation of the rule (in 2022), you will need to do certain things in a slightly different manner … [Read more...] about How The New RBI Rule For Using Debit And Credit Cards For Online Shopping Could Affect You?
There are vacancies for the post of Office Assistant in Reserve Bank of India. There are 841 vacancies as per the official announcement. In today's video I share the complete details about this RBI recruitment 2021 - including instructions on how to apply, eligibility, exam … [Read more...] about RBI Recruitment 2021 | Office Assistant | Eligibility, How To Apply, Selection Procedure