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RBI announces digital payments intelligence platform to check online frauds

In a bid to bolster the safety and security of digital payments and enhance regulatory frameworks, …

ANI   


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RBI bars Kotak Mahindra Bank from onboarding new customers via online, issuing fresh credit cards

"Serious deficiencies and non-compliances were observed in the areas of IT inventory management…

PTI   


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RBI initiates transition plan: Small finance banks to ascend to universal banking status

According to the guidelines, SFBs seeking to transition into Universal Banks must meet specific eli…

ANI   


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RBI bats for borrowers, releases guidelines to prevent lenders from levying penal interest on loan defaults

The Reserve Bank of India (RBI) has released guidelines instructing lending institutions to clearly…

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RBI curbs: JM Financial says 'no material deficiencies in loan sanctioning process'

JM Financial on Wednesday said it had a "careful and detailed review" of the Reserve Bank's order i…

PTI   


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Corp affairs ministry probing Chinese cos linked to loan apps; investigations at advanced stages

The corporate affairs ministry is probing various Chinese companies, especially those with links to…

PTI   


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Zomato gets RBI approval to operate as 'online payment aggregator'

Online food delivery platform Zomato on Thursday announced that its wholly-owned subsidiary Zomato …

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Vijay Shekhar Sharma: The controversies of the architect of fintech

Vijay Shekhar Sharma, one of the most recognised faces of India's fintech industry, has seen a fai…

PTI   


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Customer protection 'guiding light' of revamped microfinance regulations, says RBI deputy governor

Reserve Bank of India’s (RBI) deputy governor M Rajeshwar Rao on Friday outlined several measures i…

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Making online payments safer – Here’s how to tokenise your card

Many of us would have seen Amitabh Bacchan on television telling us that by tokenising our cards we…

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RBI curbs on Bajaj Finance not a structural issue, multiples derating likely if issue persists

The Reserve Bank of India earlier this month has directed Bajaj Finance “to stop sanction and disbu…

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Bajaj Finance stock regains speed after fall in the morning

The stock of Bajaj Finance fell by over a percent in early morning trade on Thursday. On Wednesday …

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3 mins read

From no hidden charges to insurance on credit card frauds and lost cards, here are RBI's new guidelines for credit and debit cards

This is understandable given that credit cards have exploded in popularity after the COVID-19 …

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UPI in 2024 – Five rule changes that you need to know

The year 2024 has begun and with this, there have been some changes in the financial sector. Unifie…

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Macquarie warns that RBI's decision on new bank licenses could be controversial given the number of bank failures in India

At a time when bank failures are increasing in India, the decision to distribute licenses could be …

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Centralised portal to search unclaimed deposits, UPI for credit lines and other key RBI announcements

UPI network to facilitate payments financed by credit from banks, reducing the cost of such offerin…

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New guidelines on recurring payments may send SaaS companies out of India, say experts

Before getting into this, it is important to understand what the guidelines really say. The Rese…

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HDFC Bank is already looking for a new CEO, but RBI's proposed limit to tenure is a threat to Uday Kotak

The Reserve Bank of India (RBI) has issued a discussion paper that proposes limited the tenure of p…

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3 mins read

After Twitterati scream foul about pesky calls, RBI says 'will look into it'

Bajaj Finserv is planning to come up with a "right to be forgotten" feature which will enable users…