Latest Updates

With all the talks to strengthen the digital transactions across the country, the National Electronic Funds Transfer (NEFT) was still that one service that wasn’t available to the customers on all days of the year. But not anymore as the Reserve... Read More

Recently, NHAI has introduced a new method to pay Toll taxes. The method of payment is known as Fastag. This new mode of payment is approved by the National Payments Corporation of India. It is mandatory for every vehicle to have a Fastag on its... Read More

The Competition Commission of India (CCI) has approved the merger of Indiabulls Housing Finance- Lakshmi Vilas Bank, said the housing finance major. In April 2019, Lakshmi Vilas Bank announced that it was going to merge with Indiabulls Housing... Read More

IndusInd Bank has announced that it is planning to merge with Bharat Financial Inclusion on July 4, 2019. The CEO of Bharat Financial Inclusion Ltd (BFIL) will become the CEO of IndusInd Financial Inclusion Ltd (IFIL). Boards of both the companies... Read More

The Reserve Bank of India (RBI), in its monetary policy held in December 2018, has made an important announcement directing banks to price floating rate loans on the basis of external benchmarks such as the repo rate, 91-day T-Bill Yield, 182-day... Read More

In the Union Budget 2019, Finance Minister Piyush Goyal has probably given the best gift to Indian tax payers, especially the salaried middle class. The announcement has been made that individuals upto the gross income of Rs. 5 lakhs per annum will... Read More

Good news for the Indian economy as Reserve Bank of India’s Monetary Policy Committee (MPC) has announced a slash in the repo rate rate by 25 bps in its meeting held on October 4, 2019. With this cut, the repo rate is now down to 5.15% from the... Read More

Much contrary to wide market expectations, the RBI sprung a surprise on its monetary policy meet on August 1, 2018, by raising the repo rate by 25 basis points to 6.50%, marking it as the second hike made by the central bank this year. Banks are... Read More

From February 2018 onwards, the registration of the property can be done through Aadhaar verification. The initiative has been taken in order to get hold of the illegal transactions occurring in the real estate. Maharashtra would be the first state... Read More

The Unique Identification Authority of India (UIDAI) has decided to introduce face recognition as an additional means of aadhaar authentication along with fingerprints and iris. This move allows easy authentication for those who are facing issues... Read More