HDFC Bank alerts clients on card swipe for overseas dealsIn recent times many resident individuals, banking with various financial institutions, have used cards to carry out international capital ...
24 Apr, 2026, 06.39 AM IST
RBI overhauls prepaid cards & wallets rules: Rs 2 lakh monthly debit limit, usage, restrictions, new safeguard and moreThe RBI has revised Prepaid Payment Instrument (PPI) rules, introducing new monthly debit limits for full-KYC PPIs at Rs 2,00,000, with a R...
23 Apr, 2026, 02.42 PM IST
RBI sharpens compliance norms, expands use cases of UPI-linked wallets for foreign visitors under draft PPI normsThe Reserve Bank of India has unveiled draft guidelines for prepaid payment instruments. These new rules aim to strengthen compliance and c...
22 Apr, 2026, 10.12 PM IST
RBI proposes measures to strengthen Prepaid Payment Instruments frameworkThe Reserve Bank of India is introducing new rules for Prepaid Payment Instruments. These changes aim to boost the long-term growth of thes...
22 Apr, 2026, 07.41 PM IST
Three ships targeted in Hormuz, Iran seizes two: Monitors, GuardsIranian forces seized two container ships and fired on a third vessel in the Strait of Hormuz. These actions threaten a vital trade route i...
22 Apr, 2026, 06.15 PM IST
RBI brings cross border transactions under e-mandate rules, allows customer to opt out anytimeThe Reserve Bank of India is enhancing digital fraud prevention. Cross-border recurring electronic payments via cards, prepaid instruments,...
21 Apr, 2026, 06.57 PM IST
Supreme Court rules no personal hearing needed before declaring bank account as fraudThe Supreme Court has issued a pivotal directive concerning the classification of bank accounts as fraudulent, opting not to allow personal...
08 Apr, 2026, 12.53 AM IST
RBI allows exchange of INR at forex counters in international airport departure areasThe Reserve Bank of India has updated its rules. Residents and non-residents can now exchange Indian rupee notes. This facility is availabl...
02 Apr, 2026, 08.52 PM IST
Bombay HC stays banks’ action against Anil Ambani, Reliance Communications; says RBI directions violatedThe Bombay High Court has stayed actions by three banks to declare Anil Ambani and Reliance Communications' accounts as 'fraud'. The court ...
24 Dec, 2025, 02.50 PM IST
RBI issues 244 Master Directions, consolidating over 9,000 circulars aimed at reducing compliance burdenThe Reserve Bank of India has reorganised its regulatory rulebook by merging thousands of circulars and guidelines into a smaller set of Ma...
29 Nov, 2025, 12.56 PM IST
RBI consolidates 9,445 circulars into 244 master directives to ease complianceThe Reserve Bank of India has consolidated 9,445 circulars into 244 master directives for 11 types of regulated entities. This initiative a...
28 Nov, 2025, 08.09 PM IST
Check for 'wilful default' in NPA accounts exceeding Rs 25 lakh: RBI to banksThe RBI released new guidelines for banks and NBFCs to tackle wilful defaulters, mandating scrutiny of accounts with outstanding debts of R...
30 Jul, 2024, 04.37 PM IST
RBI issues Master Direction for Asset Reconstruction CompaniesThe Reserve Bank of India (RBI) issues Master Direction to Asset Reconstruction Companies (ARCs), critical for resolving stressed financial...
24 Apr, 2024, 03.22 PM IST
Sebi proposes changes in regulatory framework for Special Situation FundsThe AIF regulations to specify that SSFs shall not invest in or acquire a special situation asset if any of its investors is disqualified i...
28 Nov, 2023, 10.22 PM IST
Rs 2,000 note withdrawn from circulation: If bank finds your note to be fake this is what will happenRBI has instructed all banks to follow the central bank's master direction on dealing with counterfeit notes in case any of the Rs 2000 not...
20 May, 2023, 08.58 PM IST
More welcome moves from the RBI for a debt marketThe RBI guidelines call for simple, transparent and comparable securities, to step up demand from wider pools of capital like insurance and...
12 Oct, 2021, 11.07 PM IST
From interoperability to KYC compliance, making sense of the RBI Master Direction for prepaid instrumentsRBI's Master Direction is interoperability of wallets eliminates the need for the sender and recipient of a mobile payment to be using the ...
28 Oct, 2017, 11.59 AM IST