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Senior Citizen Loans: PNB and SBI Offering Tailored Loan Schemes for Seniors Over 60

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Financial Opportunities for Seniors - In an era where financial independence is paramount, senior citizens often face challenges in securing loans due to age and...
Shaktikanta Das, RBI Governor

RBI Governor Shaktikanta Das Named Top Central Banker for 2024 by Global Finance

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Reserve Bank of India (RBI) Governor Shaktikanta Das has been named the world's top central banker for the second consecutive year by Global Finance....
Monetary Policy Statement by Shri Shaktikanta Das, RBI Governor- April 05, 2024

RBI Penalizes Bank of Maharashtra, Hinduja Leyland Finance, and Poonawalla Fincorp for Non-Compliance

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The RBI has fined Bank of Maharashtra Rs 1.27 crore for non-compliance with credit delivery, cyber security, and KYC guidelines. Hinduja Leyland Finance and...

Why Senior Citizens Struggle to Get Credit Cards: An In-Depth Look at RBI Rules...

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Summary : Explore the reasons why banks are reluctant to issue credit cards to senior citizens despite their financial stability. Understand the role of...

Ransomware Attack Halts Operations in 300 Indian Banks: UPI and NEFT Services Down

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Short Description : Discover the latest cyber crisis shaking India's financial sector as a ransomware attack halts operations in over 300 banks. Learn about the...
Bank holidays

August 2024 Bank Holidays: Plan Ahead for 14 Bank Closures

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Discover the full list of bank holidays in August 2024. With 14 bank holidays, including Rakshabandhan, Janmashtami, and Independence Day, plan your financial activities...

China cuts key interest rates to revive economy amid global market slump

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INVC NEWS Bangkok: China has stepped up efforts to revive its economy by reducing the key policy rate and interest rate on bank deposits. This...

Union budget 2024: Expectations and impact on banking sector

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INVC NEWS Mumbai  : As Finance Minister Nirmala Sitharaman prepares to unveil the Union Budget 2024 in the third week of July, anticipation within the...

RBI imposes fines on punjab national bank and four others in july

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INVC NEWS New Delhi : In the first week of July, the Reserve Bank of India (RBI) implemented stringent measures against Punjab National Bank (PNB)...

Vijay mallya faces non-bailable warrant for ₹180 crore loan default

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A special court in Mumbai has issued a non-bailable warrant against fugitive businessman Vijay Mallya. This warrant is related to the non-payment of a...

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