RBI

The bank is gearing up to launch new products ahead of the festive season. HDFC Bank has issued over 400,000 credit cards as of September 21 after a ban imposed by RBI last December was lifted. The ban which forbade HDFC Bank from…

The project to link India's Unified Payments Interface (UPI) and Singapore's PayNow is expected to be operational by July 2022 The Reserve Bank of India (RBI) and the Monetary Authority of Singapore (MAS) unveiled an initiative on…

RBI has invited NBFCs to submit applications for being permitted to authenticate clients' Aadhaar e-KYC. The Reserve Bank of India in an announcement on Monday, has invited NBFCs (Non-Banking Financial Companies), payment system…

No Need To Enter 16-Digit Credit/Debit Card No. For Digital Payments From This Date: Tokenization Of Payments Approved The very efficient digital payment infrastructure that we use every day comes with its own advantages and…

So from September 30, the new rule will come into effect. Back in March, RBI extended the deadline for the processing of recurring online transactions by 6 months. The extension was made since it was not being implemented as…

Your Next Cheque Payment Will Bounce Even If You Have Balance: This Needs To Be Done For Every High Value Cheque Reserve Bank Of India. The central regulatory body lends money to commercial banks, which pass on the benefits to citizens…

Govt, Private Banks Will Remain Closed For 12 Days In September: Full List Of Bank Holiday In September, 2021 Banks will be closed for up to 12 days in September due to festivals (as per RBI calendar), second and fourth Saturdays, and…

The RBI had last week granted HDFC Bank, the authority to re-issue credit cards after a ban of over 8 months. Over 8 months after the banking regulator, Reserve Bank of India (RBI) prohibited the country’s largest private lender, HDFC…

RBI Will Impose These Big Changes For Paytm, PhonePe, GooglePe From December 31 It seems that two of the key Reserve Bank of India (RBI) guidelines are giving nightmares to startups and fintechs as its deadlines are looming ahead. …

These instructions will come into effect from January 1, 2022. The RBI has called for banks to keep a branch-wise list of vacant lockers along with a wait-list for allotment of lockers. Banks were also directed to ensure…