As per the new guidelines of the Reserve Bank of India after the lockdown and Coronavirus Outbreak, the credit card users can skip their bill payment for three months. Suspending the payment for 3 months will neither affect their CIBIL Score nor...
Read MoreGovt Extends Last Date for Filing ITR to June 30, 2020
The Central Board of Direct Taxes (CBDT) will soon notify the compliance relaxations that also include the 3-month time till June 30 to file the Income Tax Return (ITR). The Union Finance Minister had announced various compliance relaxations...
Read MoreManage ICICI Banking on WhatsApp
The Coronavirus Outbreak has affected the smooth banking activities of many banks. Then the lockdown across the whole country to maintain social distancing has restricted many individuals from visiting the bank’s branch. There the ICICI bank has...
Read MoreWhy the 3-month Moratorium Period Won’t be RIGHT for You?
The Reserve Bank of India (RBI) has allowed all public & private sector banks, non-banking financial companies (NBFCs) to shift the EMI payments with respect to the outstanding balances of all retail loans as on March 1, 2020, by 3 months. The...
Read MoreDoes the RBI EMI Moratorium Update have any Effect on Credit Card Users?
The Reserve Bank of India has given an update related to the suspension of EMIs on loan for three months. But there are some credit card users who are in the dilemma of whether this rule applies to the Credit Card EMIs or not. This rule is for all...
Read MoreRBI’S BIG EMI RELIEF – What It Means for You!
Worried that the 21 Day India-wide Corona Lockdown will stress your personal or business finances? You are not alone. The RBI has announced a Big Relief Measure for those with running Loans or pay EMIs. Here’s how it can help you… What IT...
Read MoreIMPACT OF RBI MOVE ON STOCK MARKETS AND MUTUAL FUNDS
The Indian financial markets - banking, NBFCs, mutual funds, stock markets have been waiting with bated breath for some action by the RBI to tackle the current situation and provide relief. RBI has delivered a major stimulus today with a cut in repo...
Read MoreMarch 24-27 MPC Meet – RBI Cuts Repo Rate by as Much as 0.75% to 4.40%, Home Loan EMIs Set to Fall
The Reserve Bank of India (RBI) has cut the repo rate by as much as 75 basis points (100 basis points =1%) to 4.40% from 5.15% earlier, in a monetary policy meeting that got held on March 24-27, 2020. The move is in line with the problems caused to...
Read MoreICICI Stack API – A Digitalized Platform for Banking
In this era of digitalization, every activity has been made digitalized and recently the Corona Virus Outbreak has restricted the individuals from getting into personal contact with any other person. Therefore, the ICICI bank has introduced a...
Read MoreRBI New Guidelines For Debit and Credit Cards
As we can see that the fraudulent activities related to the Debit and Credit Cards are increasing day by so, the RBI has provided certain guidelines related to the Debit and Credit Cards. It has warned the financial institutions to keep an eye on...
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