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Risk-based premium for deposit insurance merits consideration: RBI Deputy Governor Swaminathan

Speaking at a conference in Jaipur, Swaminathan also said that as the financial sector becomes more…

PTI   


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India accounts for nearly half of the global digital payments, highlights RBI report

India holds 48.5% share in the global real-time payments volume, according to the Reserve Bank of I…

ANI   


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India's digital economy poised to constitute 1/5th of GDP by 2026, highlights RBI report

Several enabling forces have come together to energise this revolution. Although internet penetrati…

PTI   


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RBI's new cybersecurity guidelines are pushing India's 1,574 urban cooperative banks to bring digital services up to snuff

India's central bank has announced that it's going to bring in more cybersecurity guidelines for ur…

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Government invites VPN service providers for discussions after ExpressVPN and Surfshark shut down servers in India

The new guidelines by the government mandate VPN service providers to record and store user data. T…

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India’s digital rupee may not necessarily be on the blockchain, according to the country’s central bank

India’s upcoming digital rupee may not necessarily use blockchain technology for RBI’s central bank…

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Ransomware: A growing business threat for organisations in the new normal

Ransomware breaches witnessed a 13% growth in a single year, according to 2022 DBIR.

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Report reveals 7 in 10 cyber-security professionals are losing against hackers, organisations report a 10% revenue loss

Nearly 82 per cent of them estimated their organisation lost up to 10 per cent of revenue from s…

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5 mins read

It has taken over 7 years for India to revamp its cybersecurity policy — experts say there's room for carrots and sticks but not surveillance

"Considering the fluid nature of cyberattacks, the law should enable collaborative efforts among…

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3 mins read

Indian financial system steadily maturing, as it moves away from banks, says RBI Governor Shaktikanta Das

India’s financial system, he said, has transformed rapidly to support the growing needs of the e…

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Google says it has removed several loan apps in India after RBI takes steps to curb fraud in digital lending

Tech giant Google today said that it has reviewed hundreds of loan apps in India and has also remov…

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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.

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4 mins read

RBI records its largest-ever current account surplus — but that’s not necessarily a good thing

More money in the bank is usually regarded as a positive sign to look forward to, but for the Reser…

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Another Indian pharmaceutical giant reports cybersecurity breach within two weeks of ransomware hack on Dr Reddy’s

Another leading Indian pharmaceutical, Lupin, has reported a cybersecurity attack on its IT systems…

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India’s central bank to monitor digital lending, says recent spurt of lending apps has raised serious concerns

India’s central bank has set up a working group to monitor digital lending in the country. The grou…

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India’s foreign minister explains why the MEA needs a separate division to monitor emerging technology

Technology is no longer just about economics — it dictates a country's cyber might and leads to fea…

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3 mins read

Lakshmi Vilas Bank shortlists three candidates for MD & CEO post — will send names to RBI in a week

The lender's chief executive S Sundar and six other directors were voted out by shareholders earlie…

PTI   


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Cryptocurrencies fight to survive in India even as RBI claims there’s no ‘ban’

The Reserve Bank of India (RBI) may not have the authority to ban cryptocurrencies if they are a fo…

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2 mins read

RBI proposes to bring cooperative banks with assets over Rs 500 cr under CRILC

Mumbai, Dec 5 () The Reserve Bank of India on Thursday announced a slew of measures, including brin…

PTI   


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Yes Bank's 15-month journey from regulatory crackdown to finding a new CEO

Gill’s appointment caps a tumultuous period for Yes Bank, following a clampdown by India’s c…