The Reserve Bank of India (RBI) to launch a new platform for quick loans named Unified Lending Interface. Introduced by the RBI governor, Shaktikanta Das, the ULI is set to bring a big change to the entire mechanism of credit disbursal, especially for rural and small borrowers. The new RBI platform for fast loans harnesses

A credit card is a plain plastic tool that becomes your dear friend when the cash in your wallet dries out. Be it the shopping, traveling, or meeting emergency needs, the best credit cards in India card stand by you when the cash in hand and cash at the bank become null and void. And

In order to enhance consumer choice and competition in the credit card market, the Reserve Bank of India (RBI) has issued a directive. On Wednesday, the RBI mandated that card issuers must offer their eligible customers the choice of multiple card networks when issuing or renewing cards. According to a press release issued by the

When it comes to insurance claims, receiving low ball insurance settlement offers can be the frustrating and disheartening experience for policyholders. However, there are proactive steps you can take to understand your policy better and prevent such inadequate offers from occurring in the first place. Knowing Your Policy Inside and Out The first and foremost

In order to improve transparency and efficiency of cooperative societies, the government plans to computerize about 65,000 cooperative societies by March 2024, according to Nabard Chairman Shaji K V. As part of the National Level Monitoring and Implementation Committee and Ministry of Cooperation, the National Bank for Agriculture and Rural Development (Nabard) is responsible for

Life Insurance Corporation of India (LIC) stands as a beacon of trust and security in the insurance sector. Established in 1956, LIC has consistently provided robust insurance solutions to millions of Indians. In recent years, LIC has embraced digital transformation, making it easier for policyholders and agents to access their services. This article delves deep

In 2023-24, the World Bank expects India’s GDP growth to be 6.3% due to global headwinds. In its India Development Update (IDU) report released on Tuesday, the World Bank said that the expected moderation (from 7.2% in 2022-23) is largely a consequence of challenging external conditions and waning pent-up demand. According to the World Bank

The Reserve Bank on Friday said that 93 percent of Rs 2000 currency notes that were in circulation on May 19 — the day the currency was withdrawn from circulation — have been returned to banks. Until August 31, 2023, the total value of Rs 2000 bank notes received back from circulation will be Rs

In the developing world, convenience and accessibility are key factors people consider when it comes to banking. The days are gone when you have to physically visit a bank branch, fill out lengthy forms, and wait for approval before opening a bank account online. With the use of technology, the process of opening a bank

Are you facing serious trouble or major delay in getting your loan application approved? Are you not getting a favorable rate of interest as one of your colleagues? Then it is definitely time to check out your credit score and start working on to improve your credit score. Credit score basically refers to the ease