RBI

RBI Acton Credit Card Usage for P2P Payments?

April 24, 2024 by PAVZI

Will the Reserve Bank of India (RBI) decide to restrict Credit Card P2P Payments? Certain types of person-to-person payments, such as rent (house rent), shop rent, society fees, tuition fees, and others, may no longer be possible with credit cards. Let’s find out more details about this.

RBI New Rules: Banks Must Give Key Fact Statement (KFS) for All Retail, MSME Loans

April 16, 2024 by PAVZI

The Reserve Bank of India has recently announced new regulations or guidelines to provide more transparency for bank borrowers. The rules will require banks to disclose all fees and charges associated with loans in advance. These regulations will be implemented on October 1, 2024, and will be applicable to both new and existing retail and … Read more