1. The Reserve Bank of India (RBI) has issued a notification regarding revised instructions on bank lockers, with effect from January 1, 2022. The revisions are due to developments in the banking and technology sectors and feedback received from banks and from India. Association of Banks (IBA). Click here to learn more – https://bit.ly/3jBqIyA.

2. Gold loans are poised to become the fastest-growing lending segment in a year marked by continued challenges from the COVID-19 pandemic. Banks are increasingly focusing on low-risk growth. According to sector data from the Reserve Bank of India (RBI), as of August 27, pending loans taken against pledge of gold jewelry stood at Rs 62,926 crore, 66% higher than on an annual basis (in year-on-year). Click here to learn more – https://bit.ly/3vNBczK.

3. You may consider investing in EV-themed NFOs if you are an aggressive investor who understands thematic funds. Additionally, you need to understand the market cycles and the electric vehicle space globally before investing in these NFOs. This would help track global ETFs and underlying index funds to understand the sub-segments targeted by new mutual fund programs launched through NFOs in the electric vehicle space. Click here to find out more – https://bit.ly/3mgh1r2.

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