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RBI RULES ON BANK WEBSITES
ICICI Bank changes website and net banking domain addresses: Do you also need to reset your user ID and password?ICICI Bank has successfully migrated its website and net banking services to the new .bank.in domain. Customers are advised to modify their...
UPI MDR kicks in October 15: RBI DG says merchant fee on payments above Rs 2,000 won’t trigger cash surgeIn a recent statement, RBI Deputy Governor Shirish Chandra Murmu clarified that adopting a Merchant Discount Rate won't necessarily encoura...
9 PSU banks including Canara Bank, Indian Bank to merge with SBI, PNB, Bank of Baroda? PIB respondsA social media post claiming that the Centre has ordered the consolidation of nine public sector banks into three entities has been debunke...
295% return on SGB premature redemption date: Gold bond turns Rs 1 lakh investment into Rs 3.95 lakhSovereign Gold Bond: The Reserve Bank of India has revealed the early redemption price for a gold bond series known as SGB 2019-20 Series I...
Tata Sons to discuss RBI's listing rule, Chandrasekaran's reappointment at Board meetingTata Sons board meets Thursday with legal opinions on RBI listing directive and chairman's reappointment. The nomination committee seeks N ...
RBI clarifies principal business rules for NBFCs, CIC definition after Tata Sons CoR rejectionThe Reserve Bank of India has clarified definitions for financial activity and core investment companies. This clarification follows the re...
How much money can NRIs transfer from NRO to NRE account in a year?Non-Resident Indians can effectively manage their Indian earnings via NRO accounts. They are allowed to transfer funds to NRE accounts, but...
HDFC credit card holder lost Rs 1.39 lakh in an unauthorised transaction, bank says card details and OTP were used; court orders HDFC Bank to pay him Rs 1.75 lakhAn HDFC Bank credit card holder disputed a Rs 1,39,901 online transaction he said he had never authorised. HDFC Bank argued that card detai...
Rupee seen in 94.50-96.50 range as RBI steps up interventionThe rupee is expected to trade within a narrow range over the medium term. Stepped-up Reserve Bank of India interventions have helped curb ...
Rupee hits 3-month low as crude surges, US bond yields breach 5%The Indian rupee reached its weakest point in three months on Tuesday. This depreciation occurred as Brent crude oil prices surged past $10...
The public road beckons Tata SonsThe Reserve Bank of India rejected Tata Sons' application to surrender its core investment company registration. This decision forces the h...
RBI may hike repo rate 25 bps each in October, December, analysts sayAnalysts expect the Reserve Bank of India to raise key policy rates soon. Headline inflation is projected to rise further, influencing this...
Retail inflation in August rises to 4.8%, wholesale print up 9.9%India's retail inflation reached 4.8% in August, its highest level since January. Wholesale inflation also climbed to 9.9%, driven by fuel ...
RBI proposes framework to freeze only disputed amounts instead of entire accounts in cyber fraud casesBanks will soon freeze only disputed transaction amounts, not entire accounts. AI systems will monitor unusual transfers of one thousand ru...
Banks seek RBI nod to use new rules for old trade mismatchesBanks want RBI approval to apply new rules for closing old trade deals. These unsettled transactions have accumulated to nearly one lakh cr...
HDFC CEO race: One insider, one outsider in contention for the top jobHDFC Bank has nominated Kaizad Bharucha and an external candidate for the top leadership role. The bank seeks a six-month tenure rule relax...
Why it’s getting harder for Tata Sons to resist an IPOThe RBI reportedly rejected Tata Sons’ request for exemption from rules requiring upper-layer NBFCs to list publicly. The decision could in...
HDFC Bank submits two candidates to RBI for next CEOIndia's largest private lender HDFC Bank has submitted the names of two candidates to the Reserve Bank of India for the position of man...
264% return on SGB premature redemption date today: Gold bond turns Rs 1 lakh investment into Rs 3.64 lakhThe Reserve Bank of India has revealed the early redemption price for a particular series of gold bonds. Starting September 11, 2026, inves...
RBI recognises Unified Fintech Forum as second self-regulatory body for fintechThe RBI had recognised the Fintech Association for Consumer Empowerment (FACE) as the first SRO-FT in August 2024, after it laid down the f...