Interest continues to accrue on outstanding debt should lockdown-hit borrowers choose to opt for the moratorium.
The RBI has further permitted all lending institutions to grant a moratorium of three-months on loan repayments
No existing evidence shows that COVID-19 spreads through cash amid growing chatter around its role in its transmission
BOOM spoke to an RBI spokesperson who clarified that the viral message has no basis.
BOOM rounds up the top 5 things that those banking with YES Bank will face during the 30-day moratorium period
Citing the bank's ill health and other issues, the RBI has imposed a withdrawal limit of ₹50,000 & has superseded its...
The strike, Holi and a non-working Saturday would have kept banking disrupted for a majority of March's 2nd week
Wrong interpretation of Calcutta HC's order to the RBI to take action against Bank of Baroda creates panic
From changes to the income tax slab to newer rural schemes, all eyes are on the Finance Minister on February 1.
The Finance Bill is the government's plan to earn through taxes, and requires Parliament's approval for its collection
A letter issued by the National Population Registry is an acceptable document according to RBI... except nobody knows...
A misleading WhatsApp forward, claiming that the RBI will discontinue the ₹2000 note, is viral again after being...