New guidelines have been introduced by the Reserve Bank of India (RBI) for the Domestic Money Transfer (DMT), which would ...

Credit cards have been increasingly reducing benefits and in certain cases have been withdrawing them totally in a bid to ...

Before heading to the bank, it is advisable to check the specific holiday schedule for your state or region. While branches ...

The Reserve Bank of India (RBI), in its recent update, increased the transaction limit for UPI 123Pay from Rs. 5,000 to Rs.

The RBI has imposed a penalty of Rs 59.20 lakh on South Indian Bank for failing to comply with deposit interest rate and ...

As a result, RBI has permitted banks and White Label ATM Operators (WLAOs) to implement cash retraction as part of their risk management protocols for a designated period. This re-enablement is ...

UPI 123Pay is a Suite of solutions developed for Non Smart phone, feature phone users to use the UPI without internet ...

Indian lenders are bracing for another wave of defaults in their microfinance portfolios in the second half of the fiscal year after the banking regulator recently further tightened rules for such ...

On November 6, 2024, the Reserve Bank of India (RBI) declared changes to the Master Directions regarding Know Your Customer ...

A key change involves major amendments to the Master Direction - Know Your Customer (KYC) Direction, 2016. The Master Direction - KYC Direction, 2016, issued by the RBI, serves to regulate and ...