rbi policy

RBI introduces two new UPI features! From cash deposit to PPI wallet interoperability – what they mean for you

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[ New UPI features: RBI governor Shaktikanta Das on Friday announced two new features or measures for Unified Payments Interface (UPI) users, with an aim to enhance ease of transactions and cash deposits. The new announcements were made by Shaktikanta Das as a part of RBI’s monetary policy statement.The two new UPI features allow users … Read more

When will your loan EMIs start coming down? What RBI keeping repo rate unchanged signals

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[ RBI policy impact on loan EMIs: For the last few quarters, with the repo rate hikes, rising loan EMIs have posed a headache for many borrowers. The RBI has hiked the key repo rate by 250 basis points since it started the rate hike cycle last year. This has led to an increase in … Read more