Starting in March 2024, the Reserve Bank of India will not allow Paytm Payments Bank to provide any more banking services. The reason for this move is because there are worries that the bank is not appropriately adhering to regulatory requirements. The RBI stated after conducting an in-depth audit, they discovered recurring problems with compliance … Read more
The Interim Budget 2024 will be presented in Parliament by Union Finance Minister Nirmala Sitharaman on February 1. She mentioned that there won’t be any major announcements in this budget. It’s not a full budget, so she didn’t present the Economic Survey today. As 2024 is an election year for the Lok Sabha, the … Read more
FASTag KYC Update: To prevent people from using one FASTag for multiple cars or attaching multiple FASTags to one vehicle, the National Highways Authority of India (NHAI) introduced the “One Vehicle, One FASTag” program. This is done to make the Electronic Toll Collection system work better and ensure smooth traffic at toll booths. FASTags will … Read more