You need to replace your SBI ATM card if it doesn’t have this feature

September 15, 2018

People who have an account with the State Bank of India may have to replace their ATM cum debit and credit cards soon. The biggest lender in the country has asked its customers to change their cards if they do not have an EMV chip by December 31, 2018. Cards with only a magnetic stripe at the back, called magstripe cards have been in circulation for a long time now….

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Home, car loan EMIs to get costlier as RBI hikes repo rate by 25 basis points

September 15, 2018

The Reserve Bank of India’s Monetary Policy Committee (MPC), in its third bi-monthly statement, hiked the key repo rate by 25 basis points (bps) to 6.50 per cent. RBI’s second-consecutive increase in repo rate comes as a bad news for those who have taken loans from banks. This is likely to lead to an increase in the interest bank customers pay on loans, be it home loan, car loan or…

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