RBI booster: EMIs, tenure set to come down for home loan borrowers

RBI booster: EMIs, tenure set to come down for home loan borrowers

Follow Us on Google News New Delhi, June 6 (IANS) The jumbo 50 bps rate cut by the Reserve Bank of India (RBI) will directly benefit home loan borrowers, especially existing ones, by reducing their interest burden, experts said on Friday. The decision comes at a pivotal time, as India, now the world’s fourth-largest economy, … Read more

PayU Receives Final Authorization from The RBI to Operate as an Online Payment Aggregator

PayU, one of India’s leading online payments services providers, has announced that it has received the final authorization from the Reserve Bank of India (RBI) to operate as an Online Payment Aggregator under the Payment and Settlement Systems Act, 2007.   “We are happy to announce that PayU Payments Pvt. Ltd. has received … Read more

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