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4 mins read

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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2 mins read

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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RBI revises guidelines on how much to pay a private bank CEO and executives in India— including foreign banks

India's banking regulator issued revised guidelines on compensation for CEOs, whole-time directors,…

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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…

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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…

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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…

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3 mins read

Measures taken by IIFCL to keep bad loans under check: Parliamentary panel

The company has put in place a Board approved Management Policy which lays out the Directives…

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1 in 2 micro loans are being rejected since April, thanks to RBI's new microfinance framework

One out of every two applications for small loans have been rejected ever since the Indian central …

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4 mins read

From Netflix and Hotstar to Airtel to Jio bills, brace for surprises as RBI’s guidelines on auto-debit transactions kick in from October 1

Starting October, users will need to re-authenticate their net banking/card/unified payments in…

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2 mins read

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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1 min read

Bandhan Bank promoter sells 21% stake to meet RBI norms

Post the deal, the holding company's stake in the bank is at 40 per cent, the bank said in a reg…

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2 mins read

RBI to review guidelines on ownership, corporate structure of pvt banks

It further said though the overarching principle that the ownership and control of private sector …

PTI   


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Indian banking will maintain its growth momentum: South Indian Bank MD & CEO

Growth in credit, mergers and acquisitions, digital initiatives by the Reserve Bank of India (RBI),…

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RBI pauses onboarding of online merchants by Paytm Payments Services; firm says no material impact on biz

Banking regulator RBI has put a pause on onboarding of online merchants by Paytm Payments Services,…

PTI   


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Debit and Credit card rules revised: Everything you need to know

With the new rules, the RBI aims to reduce the likelihood of fraud on unsuspecting users by enab…

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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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RBI ready to bring card tokenisation norms into effect from October 1

Several people were cheated in the last few years by cyber frauds because they have stored their…

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3 mins read

RBI plans to tighten scrutiny of large NBFCs by upgrading its regulatory policies

"This regulatory regime based on the principle of proportionality warrants a review. It is felt…

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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…

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The RBI's new guidelines will allow you to transfer funds between different mobile wallets

The quick and seamless transfer between mobile wallets will make them a natural substitute for b…