Wednesday, March 22, 2023

SCBs

‘Loans worth Rs 1,74,966 crore written off in 2021-22’: MoS

The Union Minister of state for finance, Bhagwat Karad on Tuesday informed the Rajya Sabha that loans worth Rs 1,74,966 crores were written off by scheduled commercial banks (SCBs) in the last financial year and Rs 33,534 crores were...

Reserve Bank of India issues new rules for credit and debit cards

The Reserve Bank of India has published master directions to the banks and NBFCs (Non Banking Financial Corporations) for issuance of credit and debit cards this year.According to FE, these guidelines will be effective from July 1, 2022, the...