Repo Rate is the rate at which Reserve Bank of India (RBI) lends to the banks.  Whenever the banks have any shortage(money to lend) of funds they can borrow it from RBI.

If the repo rate is reduced, it will rate will help banks to get money at a cheaper rate.

According to Fidelity Investments, the nation’s largest IRA and 401(k) provider survey in USA, disappointing 40 percent of 20- to 40-year-olds had cashed out their 401(k) retirement savings when leaving a job.

If your changing jobs then better option is to rollover the current 401(k) retirement savings into a new tax-deferred retirement account.

Roll it over yourself, and save more. If you changed jobs six times in your life, then you will have six different IRAs. Instead you can manage your own IRA.

To avoid paying the taxes you would incur by cashing out your 401K money, you want to rollover your 401K into an IRA by following the steps How To Rollover 401K Funds Into an IRA.

ATM/Debit Card safety depends on where it is used. If it’s at a bank, an ATM is kind of safer than it is in a public place, such as a train station or a convenience store.

So, How safe is your ATM? While a breach is unlikely, it’s not unheard of - especially if you’re getting cash at a convenience store. But there are things you can do to protect yourself, according to money.cnn

Here is the ATM/Debit Card Safety Tips

• Never use ATM machines at convenience stores.
• Change your identification number (PIN) number regularly and use different PINs for different accounts.
• While shopping use credit cards over debit cards. Try to avoid using your PIN as much as possible.
• Never use your PIN under any circumstances while in online(internet) transactions.
• Memorize your PIN. Never write your PIN on your card or anything that you carry near your card.
• Check your account frequently and report any suspicious activity immediately.

[ How safe is your ATM? ]

Department of Posts and Centurion Bank of Punjab signed agreement to provide foreign exchange services to the public.

To start with project will offer forex services from 31 head post offices in 11 states. The project will facilitate both the encashment of foreign exchange and transfer of money in foreign currency. While the main foreign exchange business will be operated by the Centurion Bank of Punjab.

India Post has a full fledged money changing (FFMC) licence, which authorizes post offices to undertake money changing business.