RBI Repo Rate News: Major Relief for Borrowers as Repo Rate Cut Again
The Reserve Bank of India (RBI) has once again announced key decisions following the Monetary Policy Committee meeting. The central bank has reduced the repo rate by 50 basis points, bringing it...
RBI Issues Notification on KYC Updates
The Reserve Bank of India (RBI) has issued a circular instructing banks to provide KYC (Know Your Customer) update facilities at all their branches. Additionally, banks have been asked to enable the Video Customer Identification Process (V-CIP) to ease...