The Reserve Bank of India has directed all banks to adopt the new .bank.in domain. This move aims to enhance online banking security and co...

The Supreme Court on Monday said a borrower must be accorded a hearing before an account is classified as "fraud" and a reasoned order must...

An index provider must constitute an oversight committee for reviewing the existing index design. The committee must also review the index ...

The country's largest lender, State Bank of India (SBI) on Thursday clarified that it has not been identified as a nodal bank for handling ...

The banking regulator believes that fintechs, unlike traditional lenders, lack sufficient capital and credit underwriting capabilities, sai...

Last year, several banks including ICICI Bank and Paytm’s Payments Bank cut ties with crypto exchanges based on “informal requests” by the ...

The extension aims to prevent any large scale "customer inconvenience and default", the central bank said in a circular on March 31.

This is good news because many banks and payment gateways were yet to comply with RBI’s mandate and had asked the apex bank for additional ...

Banks still saddled with legacy NPLs which are moving out of balance sheets very slowly, says Anbarasu.

The only one issue now is that all lenders will have to sign the ICA, says IDBI Bank Deputy MD.

This is the first time the central bank has made an official statement on WhatsApp’s payments business and compliance with data localisatio...

The plea filed by NGO Centre for Accountability and Systemic Change (CASC) said Whatsapp has not fully complied with the circular of the RB...

The central bank asked banks to make more disclosure regarding non-performing assets, provisions and net profit in “notes to accounts” in t...

Finance minister's assurance that no questions will be asked for any amount of old currency that is deposited in one go seems to have cut l...

The RBI and the government have been trying to assuage public anger after Prime Minister Narendra Modi abruptly decided to withdraw large d...

Realty index rallied after taking cue from the RBI announcement of easing rules for low-cost home loans and gained as much as 4.1% in trade.

At present, an AP could take delivery of gold from banks and fix the price within 11 calendar days during which it would sell the gold to f...