RBI Governor Shaktikanta Das Highlights | Repo Rate

Shaktikanta Das Highlights: RBI defers loan repayments by 3 more months; cuts repo rate 40 bps, eases monetary policy By: FE Online RBI Governor Shaktikanta Das Press Conference | Highlights: Reserve Bank of India has extended the moratorium on loan repayments by another three months to 31 August 2020, while it also cut policy repo rate by […]

Modi’s Rs 20 lakh-crore package will help India’s economy only if it reaches the states

Bulk of Rs 20 lakh-crore Modi promised to spend must be new expenditure, not reshuffling of existing budget. A minimum of a number of it’s to succeed in the states. The gradual reopening of India’s economy after a 43-day coronavirus lockdown has been marred by a hyper-centralization of decision-making. Deepening mistrust between New Delhi and therefore the 28 states threatens to splinter the country’s European Union of […]

Things to consider before you apply for credit card online

Apply for credit card online : There are tons of perks of employing a credit card over a debit card. Firstly, it allows you to create an honest credit history which makes the supply of loan easier with favourable interest rates. Secondly, this will also assist you get cheaper insurance and even get new cellular plans. This doesn’t end here, as regular purchases with a credit card can assist you earn reward points or cashback and […]

How COVID-19 is Impacting the Financial Services Industry

COVID-19 is impacting banking operations and, as a consequence, related business process services (BPS). Banks are already restructuring operations to deal with the emerging challenges from COVID-19 (see below for those challenges). The changes are just beginning and can still evolve over a minimum of subsequent four months. While the worldwide adaptation to COVID-19 will take for much longer , perhaps several years, each country’s banking system will got to make […]

Govt. of India has launched an app called Aarogya Setu to assess the symptoms of COVID -19

Govt. of India has launched an app called Aarogya Setu (public-private partnership venture) to assess the symptoms of COVID -19. For registration, you will have to register your mobile number and on the same number you will get OTP to verify it then your registration is complete. Here you are asked to answer few questions […]