The revised fair lending practice, which prohibits banks and NBFCs from using penal charges on loan defaults as a revenue enhancement tool, will come into effect from April 1, the Reserve Bank said on Monday. Expressing apprehension about banks and non-banking financial companies (NBFCs) employing penal interest as a means of revenue enhancement, the RBI […]
UPI-PayNow Linkage: UPI Apps Can Now Receive Remittances from Singapore, Check Details
In a major filip to UPI abroad, Indians can now receive instant and cost-effective remittances from Singapore-based Indian diaspora directly into their bank accounts through major UPI apps. In February last year, Prime Minister Narendra Modi and his Singapore counterpart Lee Hsien Loong launched cross-border connectivity between UPI and PayNow via videoconferencing. “This facility can […]
Bank of Baroda 2024 Jobs Recruitment of Manager Posts
Bank of Baroda 2024 Jobs Recruitment Notification.Bank of Baroda inviting applications for the positions of AVP/Manager.Interested and Eligible candidates can apply for the positions. Last Date for Submission of Application is on 29th January, 2024. No.of Posts and Vacancies :- AVP/Manager – Product & Portfolio Management – Corporate & Commercial Credit Cards: Posts Qualification: Graduate […]
ChatGPT Is Coming Into Your Cars In 2024, Starting With This German Brand
ChatGPT is already on your smartphones and in 2024 you will see the popular AI chatbot move to other bases like your car. That’s right, Volkswagen from Germany has confirmed that ChatGPT will be installed into its four-wheelers from the second quarter of 2024. The automaker plans to bring the feature to its customers in […]
Back Back Bank holidays in January 2024: Is January 6th a holiday?
January 6 is a Saturday and while many may wonder if it is a bank holiday, the simple answer is no. Banks are usually off on the second and fourth Saturdays in any given month. Thus, all first and third Saturdays and duty days are as usual. And further, in case the month has a […]
How To Secure A Personal Loan: A Comprehensive Guide
Personal loans rank as the second most commonly availed type of loan after home loans in the country. Banks readily offer personal loans, often charging high-interest rates. However, by considering certain factors before obtaining a personal loan, one can prevent banks from imposing excessive interest rates, thereby reducing the EMI burden and facilitating quicker loan […]
Amazon Prime Lite Now Cheaper In India: Here’s What You Pay For These Features
Amazon Prime Lite membership is the cheaper version of its original Prime plans with toned down features. Amazon launched the Lite version back in June this year, giving more people the chance to use its services, albeit with some of them not offered. With Prime Lite, they can enjoy two-day delivery on Amazon purchases without […]