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The  RBI on May 10, 2024, issued the notification regarding premature redemption SGB Scheme - Redemption Price

RBI: Premature redemption under Sovereign Gold Bond

RBI on Friday, May 10, said 15 NBFCs, Revolving Investment, have surrendered their certificates of registration (CoR) due to various reason

RBI has told NBFC to follow the IT Act strictly for cash payouts. This means NBFCs must stick to cap of Rs 20,000 while disbursing cash loans.

The RBI monetary fines are Rs 1.50 lakh on Sundaram Home Finance and 3.10 lakh on Belstar Microfinance, in said release.

RBI releases fair practices code for interest on Loan charged by Bank: Huge Relief for Borrowers Paying EMIs

The Reserve Bank of India (RBI) barred Kotak Mahindra Bank from onboarding new customers online and issuing new credit cards with immediate effect.