India's new 2025 RBI draft regulations overhaul how foreign companies establish branches or offices in the country. Learn how the streamlined approval routes, simplified eligibility rules, and strengthened compliance requirements affect market entry and long-term operations.
The Federal Deposit Insurance Corporation (FDIC) protects your deposits up to $250,000 per person, per bank, so most people don't need to worry. Of course, It is always wise to have a plan, just in case.
RBI MPC Meeting: Schedule for FY 2025-26 Monetary Policy Meetings. The Reserve Bank of India (RBI) has reduced the policy repo rate to 5.25%, cutting it by 25 basis points, and retained a neutral monetary policy stance after the conclusion of its latest three-day Monetary Policy Committee (MPC) meeting in December 2025 ...
What are the main changes in RBI guidelines for personal loans in 2025? The key changes include mandatory fee disclosure, immediate floating-rate adjustments, zero prepayment penalties on floating loans, enhanced digital lending protections, and standardised borrower rights with transparent recovery practices.
Effective from 20 November 2025: * Customers can add up to four nominees for bank accounts, fixed deposits, lockers, and safe custody items. * This will simplify the claim process for family members. * There will be two types of nomination options: 1. Simultaneous Nomination – All nominees get a share.
Before diving into the details, here's a snapshot of what the RBI has revised in April 2025: Minors can open and operate accounts at any age through a guardian. Children aged 10 and above can independently operate their accounts. Banks may offer digital services to minors—based on internal risk policies.
Under the new credit card RBI rules India rolled out, minimum payment calculations have been standardised across all issuers. The minimum due amount must now include at least 5% of the outstanding balance plus all fees.
You are allowed up to five free transactions per month at your own bank's ATMs, regardless of where you reside. This includes both financial transactions, such as cash withdrawals, and non-financial transactions, such as balance inquiries and mini statement requests.
Yes, 12% is a good personal loan rate because it is below the market average. Applicants with a credit score of 660 to 850 could qualify for a personal loan with a 12% APR if they choose the right lender and have enough income to afford the loan.
Gold Jewellery: Ornaments such as chains, bangles, rings, etc., can be pledged. Gold Coins: Only special 22-carat gold coins minted and sold by banks are acceptable as collateral. These coins must meet specific purity standards.
The Banking Laws (Amendment) Act, 2025 introduces key reforms focused on depositor security, governance strength, and faster resolu on of stress. Beyond structural updates, the 2025 Act reinforces India's ongoing efforts to enhance banking oversight and governance.
RBI cuts repo rate by 50 bps on 6th June 2025
In tandem with the rate cuts, the RBI announced a 100-basis-point reduction in the Cash Reserve Ratio (CRR), lowering it from 4% to 3%.
Here are the best low-risk investments in 2025:
High-yield savings accounts. Money market funds. Short-term certificates of deposit. Cash management accounts.
The "$10,000 bank rule" refers to federal laws requiring financial institutions and businesses to report large cash transactions (deposits, withdrawals, payments) of over $10,000 in currency to the government to combat money laundering and financial crimes. Banks file Currency Transaction Reports (CTRs) for cash activity over $10,000, while businesses file Form 8300 for similar payments, both sending info to FinCEN and the IRS to track illicit funds.
The main event was a tag team match pitting Cody Rhodes and World Heavyweight Champion Jey Uso against Undisputed WWE Champion John Cena and Logan Paul. Rhodes and Uso controlled the early portion of the match before Cena and Paul isolated Uso to gain momentum.
Yes, you can get a 0% interest loan, commonly found as promotional offers for cars, furniture, or credit cards, but they usually have strict terms like a high credit score requirement and a limited time period, with high retroactive interest or fees if you miss payments or don't pay in full by the deadline. True 0% APR loans are different from "deferred interest" offers where all accrued interest is charged if the balance isn't cleared by the end of the promo. Always read the fine print for details on fees, timelines, and what happens if you're late.
The Reserve Bank of India (RBI), through its circular dated August 5, 2025, has further simplified the process for settling international trade in Indian Rupees (INR). Authorised Dealer (AD) Category-I banks can now open Special Rupee Vostro Accounts (SRVAs) of overseas correspondent banks without prior RBI approval.
Depending on the bank, you can withdraw Rs. 20,000 to Rs. 1,00,000 using your ATM card. The maximum withdrawal limit per day differs from one bank to another.
From May 1, 2025, banks will charge ₹23 per withdrawal after the free transaction limit is exceeded. You get 5 free transactions per month at your own-bank ATMs and 3 to 5 free transactions at other-bank ATMs depending on whether you are in a metro or non-metro area.
Several banks, including SBI, HDFC Bank, and Kotak Mahindra Bank, are updating their credit card rules starting in July 2025. SBI is discontinuing free air accident insurance on select cards, while HDFC Bank introduces new transaction fees and reward point limits.