Tag: RBI

Information

RBI alert! Beware of frauds in the name of KYC updation....

The Reserve Bank of India (RBI) today cautioned people against frauds being conducted in the name of KYC updation.

Information

ATM New Rule: Can't Withdraw Cash as ATM has no Money?...

If bank fails to ensure timely availability of cash at ATMs, it will face a lumpsum penalty soon. Know RBI new rules on bank ATMs

Finance

RBI Bars Mastercard: The ban on Mastercard issuing new...

Mastercard and Visa are the two most active payment system operators authorised to operate a card network in India by far, followed...

Information

Big Change In RBI Rule: Now Non-banks Will Offer NEFT,...

RBI, RTGS, NEFT: In April, RBI had said that it would encourage participation of non-banks in Reserve Bank of India-operated Centralised...

Information

RBI increases ATM interchange fee from ₹15 to ₹17

On non-financial transactions, the fee was increased from ₹5 to ₹6. This revised rate will come into effect from August 1, 2021.

Information

RBI alert: No NEFT service for 14 hours on May 23 for SBI,...

NEFT service will not be available for 14 hours on May 23, the Reserve Bank of India said in a statement today (May 17).

Information

RBI declares loan moratorium to people, small debtors -...

The moratorium of up to two years will be available to individuals and small and medium enterprises that did not restructure their...

Information

RBI postpones auto debit rules till September 30, Know...

Services routed through net banking channels will not get affected. Only those involving third-party payments will have to comply...

Information

Digital rupee rollout may help curb bank frauds

Experts, however, caution that while digital currency will help bring down the number of fraudulent transactions, they cannot be eliminated...

Information

Fake notes of 50, 200 in circulation, RBI informs how to...

RBI is celebrating Financial Awareness Week and has informed how people can identify a fake currency note

Information

India May Have a New Central Bank Digital Currency, RBI...

The RBI's statement comes against the backdrop of private digital currencies, virtual currencies and cryptocurrencies gaining popularity...

Information

Old notes of Rs 100, 10 and 5 may go out of circulation...

The RBI is yet to issue an official statement on withdrawal of old currency notes of Rs 100, 10 and 5. However, several media reports...

Information

RBI launches Digital payments index to track transactions

The RBI-DPI comprises five broad parameters that enable measurement of deepening and penetration of digital payments in the country...

Information

Digital Payment Security Control Rules Incoming For UPI...

The Reserve Bank of India (Digital Payment Security Controls) Directions, 2020 will come at a time when digital transactions are at...

Information

Lenders to credit interest on interest to loan borrowers...

The Ministry of Finance has said that after crediting this amount, the lending institutions would claim reimbursement from the Central...

Information

Banks told to credit 'interest on interest' to borrowers,...

"I say..Ministry of Finance, Department of Financial Services in view of the unprecedented and extreme COVID-19 situation vide its...

Information

Banks to Charge For Deposits & Withdrawals From Nov 1

Tagging the report, Congress General Secretary Randeep Singh Surjewala attacked the Centre and called the latest move a “Kamar Tod...

Information

RBI set to change India's payments picture with new QR...

QR code-based payments, where you point your phone at a sticker and see a payment go through instantly, are thought of as the lowest...

Information

RBI extends covid-19 benefits for states by another six...

On 17 April, the central bank had increased the borrowing limit of all states and Union territories under the Way and Means Advances...

Information

RBI's 3 major rules for ATM card; follow these to prevent...

Know what those three rules are.

UA-146166060-1