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The Commerce Secretary, Ms. Rita A. Teaotia launching the operationalisation of online payment of application fee through debit cards and net banking, in New Delhi on July 09, 2015.
The Commerce Secretary, Ms. Rita A. Teaotia launching the operationalisation of online payment of application fee through debit cards and net banking, in New Delhi on July 09, 2015. (Photo Courtesy: pib website)

BANKING: Now, no surcharge on card, digital payments; Now, apply for, get cash loans at ATMs …

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Now, no surcharge on card, digital payments
Now, apply for, get cash loans at ATMs
RBI extends deadline to exchange pre-2005 currency notes to June 30
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Now, apply for, get cash loans at ATMs
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Now, no surcharge on card, digital payments

Timesofindia.indiatimes.com
Feb 24, 2016
NEW DELHI: With an aim to discourage cash transactions, the Union Cabinet on Wednesday approved withdrawal of surcharge, service charge and convenience fee on card and digital payments. …

Now, apply for, get cash loans at ATMs    

Timesofindia.indiatimes.com
Jan 15, 2016
MUMBAI: ATMs will soon be as good as bank branches. Customers will be able to apply for credit cards and avail loans using these self-service machines. …
More: RBI Circular dated 14.01.2016 – Relaxations in Branch Authorisation Policy – Off Site ATMs

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RBI has extended deadline to exchange pre-2005 currency notes

>>> RBI Circular dated 23.12.2015 – Withdrawal of all old series of Banknotes issued prior to 2005 or RBI Circulars and Master Circulars (Subject-Wise)

RBI extends deadline to exchange pre-2005 currency notes    Hindustantimes.com

Only 10 days left to exchange your pre-2005 currency notes    Economictimes.indiatimes.com
21 Jun, 2015
NEW DELHI: Only 10 days are left to exchange pre-2005 currency notes, including those of Rs 500 and Rs 1,000 denominations, at banks as the deadline to do so is ending on June 30. …
More:  RBI Circular dated 31.12.2014 – Withdrawal of all old series of Banknotes issued prior to 2005

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SBI offers personal loans to existing borrowers at housing loan rates  Economictimes.indiatimes.com

Mar 12, 2015 MUMBAI: State Bank of India is offering a bonanza to its existing home loan customers. They can take personal, or top-up, loans at the same rate that they are paying on home loans under a limited-period offer from the nation’s top lender. …

RBI cuts repo rate by 25 bps to 7.5%; keeps CRR unchanged   Economictimes.indiatimes.com
4 Mar, 2015
MUMBAI: Encouraged by softening inflation and fiscal consolidation roadmap by the government, RBI today slashed key policy (repo) rate by 0.25 per cent to 7.5 per cent, the second such surprise rate cut outside regular policy review in less than two months. …

Rs 5,000 overdraft under Pradhan Mantri Jan-Dhan Yojana is priority sector lending: RBI   Economictimes.indiatimes.com
25 Feb, 2015
MUMBAI: Giving a big boost to Pradhan Mantri Jan-Dhan Yojana (PMJDY), the RBI today said bank overdrafts of up to Rs 5,000 in accounts opened under this financial inclusion mission will be treated as priority sector lending. …
More: RBI Circular dated 25.02.2015 – Priority Sector Lending – Targets and Classification – Overdraft in PMJDY accounts

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