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New Delhi: The Reserve Bank of India (RBI) on Friday granted three more months up to April 1, 2024, to banks and NBFCs to implement the modified norms for levying penal charges in loan accounts, as part of fair lending practice.
No penal interest on loans, vehicles to cost more, and no paper form for SIM cards are some of the changes coming into effect from January 1.
The IPO of Muthoot Microfin which was launched on December 18 had witnessed a big interest from investors and it was oversubscribed by 11.52 times.
This software, boasting features such as hyper mode, proximity unlock, key sharing, and cruise control, will be a key driver of profits.
Oil prices rose more than a dollar a barrel on Tuesday, extending the previous session's gains after attacks by Houthi militants on ships
The tax exemption will be effective with retrospective effect from April 1, 2023.
UPI has emerged a preferred mode of payment for a large section of the population with over 11.23 billion transactions recorded in November.
Building and improving your credit score is a strategic and gradual process that requires careful financial management. Using a credit card smartly can be an effective tool in this endeavour.
Kochi: Six little boys grew up playing chess and when they became big enough to start their own business venture, their passion, experience and expertise about the game was their biggest investment. Eight Times Eight, the beautifully named Kochi-based startup, is fast becoming a sought after
In a world beset by economic volatility, India has managed to stay the course of high growth and succeeded in moderating inflation.
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