Author: admin@thebankingtimes.in
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Car Loan Eligibility Calculator
Car Loan Eligibility Calculator Car Loan Eligibility Calculator Customer Name Loan Amount Required (Rs.) Loan Period (Years) Applicant Date of Birth CIBIL Score Do you have a Co-applicant? Yes Co-applicant Date of Birth Employment Type Salaried Business Latest 3 Months Gross Salary (Rs.) Latest Month Deductions (Rs.) Last 2 Years ITR Income (Rs.) Latest Year…
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Bank Credit Growth Slows to 10.2% in June 2025; Services and Personal Loans Ease
Sectoral Bank Credit Growth Slows to 10.2% in June 2025 | RBI Data Highlights Bank Credit Growth Slows to 10.2% in June 2025; Services and Personal Loans Ease India’s banking sector witnessed a moderation in credit growth in June 2025, with non-food bank credit rising by 10.2% year-on-year (y-o-y) as of the fortnight ending June…
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Govt Responds to Proposal of 5-Day Banking Week
The Government of India has addressed an unstarred question in the Lok Sabha about the proposed implementation of a 5-day work week for banks, raised by Shri K C Venugopal. Indian Banks’ Association (IBA) has submitted a proposal to declare all Saturdays as banking holidays. As per the Minister of State for Finance, Shri Pankaj…
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RBI Releases Financial Inclusion Index for March 2025
The Reserve Bank of India (RBI) has released the updated Financial Inclusion Index (FI-Index) for the year ending March 2025. The FI-Index, which was first introduced in August 2021 for tracking financial inclusion across India, has now reached a value of 67.0, marking a steady rise from 64.2 in March 2024. The increase reflects consistent…
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Beware of UPI Overpayment Scams: Here’s How to Stay Safe
UPI overpayment scams are becoming increasingly common, targeting unsuspecting users by sending small fake transfers and tricking them into sending money back or revealing sensitive information. Here’s how these scams typically work — and how you can stay protected. 🔍 How the Scam Works: Fake Transfer: A scammer sends a small amount of money to…
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RBI Digital Payments Index Hits 493.22 in March 2025
The Reserve Bank of India (RBI) has announced that the Digital Payments Index (DPI) for March 2025 reached 493.22, marking an impressive rise from 465.33 in September 2024. This continued growth highlights the accelerating pace of digital adoption across India. Launched in January 2021 with March 2018 as the base (index = 100), the RBI-DPI…
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Ms. Anuradha Thakur Appointed as Director on RBI Central Board
The Central Government has nominated Ms. Anuradha Thakur, Secretary of the Department of Economic Affairs, Ministry of Finance, as a Director on the Central Board of the Reserve Bank of India (RBI). She replaces Shri Ajay Seth in this key role. The nomination is effective from July 24, 2025, and will remain in force until…
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Smt. Nirmala Sitharaman Unveils New Mascot ‘Madhukar’ at 166th Income Tax Day Celebration
Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman presided over the 166th Income Tax Day celebrations organized by the Central Board of Direct Taxes (CBDT) in New Delhi. Marking the occasion, the Finance Minister unveiled a new mascot for the Income Tax Department named “Madhukar”, symbolizing the department’s vision of taxpayer facilitation and…
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Bankers Dying in Silence: Two Suicides in a Week Raise Alarming Questions About Work Pressure in Nationalised Banks
In a disturbing pattern that has been largely ignored by mainstream discourse, the recent suicides of two bank managers from Punjab National Bank and Bank of Baroda have once again brought to light the intense and often inhumane pressure faced by employees in India’s public sector banks. The silence surrounding these deaths — both occurring…
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Atal Pension Yojana Crosses 8 Crore Enrolments Milestone; Marks 10 Glorious Years of Social Security
As part of Azadi Ka Amrit Mahotsav, the Government of India’s flagship social security scheme, Atal Pension Yojana (APY), has crossed a historic milestone—surpassing 8 crore total gross enrolments since its inception. In the current financial year 2025–26 alone, over 39 lakh new subscribers have joined the scheme. Launched on May 9, 2015, APY completes…