Reserve Bank of India
RBI’s New Rules Make Personal Loans HARDER to Get! Check What’s Changed!
The RBI has introduced new personal loan rules, making it harder to secure multiple loans. Starting January 1, 2025, banks will update credit reports every 15 days instead of monthly, allowing lenders to assess borrowers' financial health in real-time. This move aims to curb over-leveraging and loan defaults. Borrowers must now maintain a good credit score and manage debts responsibly to improve loan approval chances.
RBI FD Rules: Big Boost for Fixed Deposit Holders, Check RBI New FD Guidelines
The RBI’s new FD rules bring a big boost for fixed deposit holders with improved withdrawal options, maturity notifications, mandatory nominations, and FD insurance options. This guide explains everything you need to know about these new guidelines effective from January 1, 2025, ensuring a smooth and secure investment experience.
RBI to Announce Monetary Policy Today – Check Time & Live Streaming Details!
The RBI’s Monetary Policy Committee (MPC) is set to announce its latest policy decisions today, affecting interest rates, inflation, and economic growth. The announcement, expected at 10:00 AM IST, will be streamed live on the RBI’s YouTube channel. Experts predict a repo rate cut that could lead to lower loan EMIs and market shifts.
