Moratorium on loans extended by 3 more months
Mumbai – In view of the coronavirus pandemic, the Reserve Bank has decided to reduce the repo rate. RBI Governor Shaktikanta Das announced at a press conference on 22nd May , 40 basis points cut in repo rate to 4 percent from a previous rate of 4.4 percent. The reverse repo rate has been reduced to 3.35 percent. Owing to this reduction, loan interest rates are also going to be reduced. Earlier, delay in payment of loan instalment was allowed for 3 months. The deadline has been extended for another three months now, till the end of August.
Political use of ‘Maulana Azad Minority Financial Development Corporation’ by Congress to win elections !
Submit Form 15G or 15H to the Bank in the first week of April to avoid financial loss due to TDS from interest earned in Bank or Post Office accounts
Jammu–Kashmir’s budget is double the money Pakistan receives as alms
Ban imposed on unnecessary purchases by Government departments and local self-government bodies
Union Finance Minister Nirmala Sitharaman presents the Budget for 2026-27
GST rate cuts to make 100 essential items cheaper