RBI bars banks from disabling mobile devices of defaulting borrowersBanks cannot disable borrower mobile phones and laptops for loan recovery. This new rule applies unless the devices themselves were finance...
06 Aug, 2026, 10.07 PM IST
Explained | What is the 'Boss Scam' and how hackers are using CEOs' WhatsApp accounts to steal moneyA sophisticated 'Boss Scam' is targeting Indian companies, with cybercriminals hijacking executives' WhatsApp accounts to authorise fraudul...
23 Jun, 2026, 11.44 AM IST
Zepto’s $1 billion IPO; Navi eyes fresh fundsHappy Tuesday! Quick commerce firm Zepto has filed updated draft papers for its $1 billion public offering. This and more in today’s ETtech...
09 Jun, 2026, 07.48 AM IST
Can banks block your mobile in case of loan default? RBI lays down rules for restricting services; Rs 250/hour compensation in this caseIf the lender bank decides to deploy any technology-based mechanism for restricting or disabling the functionalities of a mobile device of ...
21 May, 2026, 01.29 PM IST
RBI proposes rules to let lenders disable phones for loan defaultsThe Reserve Bank of India is proposing to allow lenders to disable certain mobile phone functions for loan defaulters, specifically for dev...
20 May, 2026, 07.26 PM IST
Top 10 wilful defaulters owe Rs 40,635 crore to banks, ABG Shipyard leadsIn a troubling financial forecast, top wilful defaulters are on track to owe banks over Rs 40,000 crore by March 2025, with ABG Shipyard at...
16 Mar, 2026, 07.54 PM IST
RBI e-rupee: How to use central bank digital currencyThe e-rupee—India’s central bank digital currency (CBDC)—is issued in the same denominations as coins and bank notes. Users may transact wi...
23 Jun, 2025, 06.30 AM IST
Experian launches AI-driven solution to tackle fraudExperian India has launched AiDRIAN, an AI-based tool to detect potential fraud at its source, integrating device profiling and analyzing o...
23 Aug, 2024, 04.46 PM IST
RBI to tap NHAI, NPCI to fix rescue plan for Paytm usersAmid the ongoing Paytm crisis, the Reserve Bank of India will meet with the National Highways Authority of India (NHAI) and the NPCI, among...
09 Feb, 2024, 02.02 PM IST
What is the transaction limit for RuPay credit cards on UPI?The National Payments Corporation of India (NPCI) announced the transaction limit for RuPay Credit Cards on UPI. The limit for RuPay Credit...
17 Nov, 2023, 05.05 PM IST
Google restricts personal loan apps on Play Store from May 31Google has revised its Play Store policies support page regarding Android financial service apps. Applications for personal loans won't be ...
11 Apr, 2023, 03.05 PM IST
Google to prohibit personal loan apps from accessing user photos, contactsThe move comes after several cases emerged over the past few months of borrowers being harassed after availing of instant loans through the...
06 Apr, 2023, 02.22 PM IST
Card tokenisation: How to save card details in Amazon for future paymentsThe Reserve Bank of India (RBI) has set a deadline of June 30, 2022 for the implementation of tokenization of card transactions. Tokenisati...
08 Jun, 2022, 09.14 AM IST
On-tap liquidity facility: RBI asks banks to on-lend to healthcare cos in 30 days of availing creditEarlier this week, the RBI had decided to open an on-tap liquidity window of Rs 50,000 crore with tenures of up to three years at the repo ...
07 May, 2021, 05.44 PM IST
US expresses concern over proliferation of digital protectionism worldwideThe US refrained from naming India given that several US companies have opposed a recent RBI move in data localisation.
18 Oct, 2018, 10.20 PM IST
Paytm is testing face recognition tool for paymentsFirm plans to extend feature to allow customers to pay at merchant outlets with the blink of an eye
24 Sep, 2018, 08.18 AM IST
RBI to soon come out with draft on relaxing ECB norms: Shaktikanta DasThe liberalised ECB norms would be finalised after inviting comments from stakeholders, he said, adding the norms would be relaxed.
23 Sep, 2015, 02.40 PM IST