As digital transactions become the norm in India, credit card users face new challenges and opportunities. One notable development is the recent mandate by the Reserve Bank of India (RBI) requiring all credit card bill payments made through third-party apps to be processed via the Bharat Bill Payment System (BBPS). This shift aims to streamline...Read More
The Reserve Bank of India (RBI) has recently unveiled the One-Time Settlement (OTS) Scheme for loan settlements in 2024, stirring significant interest and debate among borrowers and financial experts alike. Designed to provide relief to borrowers struggling with repaying their debts, the OTS scheme offers a pathway to settle outstanding loans at a discounted rate....Read More
The digital revolution has transformed the way we conduct financial transactions, offering unparalleled convenience and efficiency. However, this shift has also opened the door to a significant rise in online fraud. Recent reports from the Reserve Bank of India (RBI) highlight a concerning trend: a substantial increase in the number of e-frauds. In this blog,...Read More
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