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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…
Rate cut hopes dashed as RBI decides to chase inflation target of 4%
Economists unanimously agree that no rate cut by Indian central bank, RBI, is likely this year. Th…
Higher risk weight on unsecured bank loans credit positive: Moody's
Higher risk weight on unsecured bank loans credit positive: Moody's. The RBI's decision to tighten …
PTI
Shaktikanta Das wants lending apps to 'follow the rules of the game'
Warning against mushrooming of lending apps and their usurious recovery prices, the Reserve Bank sa…
PTI
From adjusting refunds against amount due to charges for disputes, here are the new credit card rules effective from July 1
Credit card users and issuers have some new rules to be aware of, as the Indian central bank, the R…
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 …
Stock markets rally after RBI decides to hold all policy, Bank Nifty up 246 points
Indian benchmark indices cheered the central bank’s move to keep key policy rates unchanged at its …
If you’re paying electricity, water, LPG bills via auto-debit, RBI’s new norms affect you
Reserve Bank of India’s (RBI) new norms for auto-debit transactions will come into effect from toda…
Day 1 of ₹2,000 note exchange: Small queues seen at some branches
Small queues were witnessed at some bank branches on Tuesday for the exchange of Rs 2,000 notes aga…
PTI
Banks must allow retail borrowers to switch between fixed and floating rates: RBI
Reserve Bank of India on Friday said regulated entities (REs) have the freedom and they must offer …
ANI
From increased premium payments to getting seven midnight calls, users vent on social media against RBI’s new auto-debit rules
A user complains that he will have to re-authenticate all the recurring payments. Another…
Sensex, Nifty rise for fifth day in a row; financial shares advance on RBI policy decision
Buying in index majors HDFC Bank and Reliance Industries also added to the optimism in the equit…
PTI
Cryptocurrencies equivalent to gambling: RBI Governor
Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday reiterated that crypto currencies ar…
RBI gets set to float it's digital currency -- check details here
The Reserve Bank of India (RBI) has made no bones about it being averse to crypto currency, ever…
RBI sounds note of caution on OPS, says it may add to liabilities in future
Even as several non-BJP ruled states like Rajasthan, Chhattisgarh, Himachal Pradesh, Punjab and Jha…
RBI's new credit and debit card rules kick in today — Here's everything you need to know
RBI's new credit and debit card rules kick in ahead of the festive season to prevent cyber fraud.
RBI's MPC 'decisively' in a rate-pause mode as inflation cools down
The Reserve Bank of India’s Monetary Policy Committee (MPC) sprung a surprise by pausing rate hikes…
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…
Opportunity must be given to borrowers before banks declare their account as fraud: SC
The Supreme Court on Monday ruled that an opportunity must be given to an account holder to be hear…
Credit card payments on foreign tours to be brought under LRS to ensure compliance with TCS
Credit card payments for foreign travel will be brought under the purview of the Liberalised Remitt…