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Fact File

Why RBI's Loan Repayment Moratorium Is Not A Relief For Borrowers

Interest continues to accrue on outstanding debt should lockdown-hit borrowers choose to opt for the moratorium.

6 April 2020 12:31 PM GMT

Fact File

'Time To Unleash All Policy Measures' Says Gov, As RBI Cuts Key Rates

The RBI has further permitted all lending institutions to grant a moratorium of three-months on loan repayments

27 March 2020 7:29 AM GMT

Health

Can Contaminated Currencies Spread Coronavirus? All You Need To Know

No existing evidence shows that COVID-19 spreads through cash amid growing chatter around its role in its transmission

20 March 2020 4:56 PM GMT

Fake News

False: Banks To Block Accounts That Do Not Have NPR Doc From April 1

BOOM spoke to an RBI spokesperson who clarified that the viral message has no basis.

12 March 2020 10:55 AM GMT

Fact File

Top 5 Things To Know If You Are A YES Bank Customer

BOOM rounds up the top 5 things that those banking with YES Bank will face during the 30-day moratorium period

6 March 2020 10:06 AM GMT

Fact File

Government Imposes Moratorium On YES Bank, Withdrawal Limit At ₹50K

Citing the bank's ill health and other issues, the RBI has imposed a withdrawal limit of ₹50,000 & has superseded its...

5 March 2020 4:38 PM GMT

Fact File

3-Day Bank Strike Scheduled On March 11 Deferred:All You Need To Know

The strike, Holi and a non-working Saturday would have kept banking disrupted for a majority of March's 2nd week

4 March 2020 12:36 PM GMT

Fake News

Bank of Baroda's Licence Revoked? WhatsApp Messages Create Panic

Wrong interpretation of Calcutta HC's order to the RBI to take action against Bank of Baroda creates panic

19 Feb 2020 1:52 PM GMT

Budget News

Union Budget 2020: The 5 Things To Watch Out For

From changes to the income tax slab to newer rural schemes, all eyes are on the Finance Minister on February 1.

31 Jan 2020 10:02 AM GMT

Budget Glossary

Budget Glossary #3: What Is The Finance Bill?

The Finance Bill is the government's plan to earn through taxes, and requires Parliament's approval for its collection

29 Jan 2020 12:42 PM GMT

Fact File

A Letter From NPR: The Accepted KYC Document That No One Knows About

A letter issued by the National Population Registry is an acceptable document according to RBI... except nobody knows...

17 Jan 2020 1:43 PM GMT

Fake News

Rs. 2000 To Be Discontinued From Dec 31? WhatsApp Message Viral Again

A misleading WhatsApp forward, claiming that the RBI will discontinue the ₹2000 note, is viral again after being...

28 Nov 2019 11:53 AM GMT