RBI

Credit card tokenisation: What it is and how does it work?

Credit card tokenisation is the process of replacing the 16-digit number on a card with a unique combination of numbers…

2 weeks ago

SBI slashes key lending rate for THIS tenure. Check the latest MCLR for Oct 2024 here

State Bank of India (SBI) has revised its marginal cost of funds based lending rate (MCLR) with effect from October…

1 month ago

Personal Loan: Can you avail a loan in 24 hours? Here’s how

Do you need an instant loan for a financial emergency? Well, you could apply for a personal loan which could take…

1 month ago

Your credit card has been compromised. What should you do next?

You double-check your statement, confirm the transactions aren’t yours, and rule out the possibility that a family member used your…

1 month ago

Why record gold loan growth has RBI worried

MUMBAI: Record growth in gold loans sanctioned by banks and non-banking finance companies is seen to be the trigger for…

2 months ago

Why Nithin Kamath-funded SundayGrids shouldn’t be seen as an investment

The concept is simple: For those living in apartments without enough space to install solar panels, SundayGrids helps you buy…

2 months ago

India’s digital payments to grow threefold from 159 bn to 481 bn by FY29: PwC re

(ANI)- India's digital payments industry is witnessing a huge surge, with transaction volumes growing by 42 per cent year-on-year (YoY)…

2 months ago

My card number is 4216-***, expiry ** and CVV ***: How Bold Care co-founder’s ‘stunt’ may have broken ‘basic’ rule of RBI ‘Kehta Hai’

Earlier this week, Bold Care co-founder Rahul Krishnan shared his debit card details including expiry and CVV online. He went…

3 months ago

Sensex, Nifty tumble post RBI monetary policy decision

Image used for representative purpose only | Photo Credit: PTI Equity benchmark indices Sensex and Nifty continued to trade lower…

3 months ago

Stock Market Today: Sensex, Nifty decline in early trade ahead of RBI monetary policy decision

Image used for representative purpose only. | Photo Credit: Reuters Equity benchmark indices Sensex and Nifty declined in early trade…

3 months ago

Rupee trades in narrow range against U.S. dollar ahead of RBI monetary policy outcome

Image used for representative purpose only. | Photo Credit: Reuters The rupee witnessed range-bound trading in initial deals against the…

3 months ago

Govt to allow upto four nominees in deposit, locker accounts in a bid to bring unclaimed deposits down

A new Bill proposed in the Parliament has a provision which says that deposit and locker holders can name up…

3 months ago

Shark Tank judge Anupam Mittal makes an ‘SBI complaint’ to RBI on UPI

Shark Tank judge and CEO of People Group Anupam Mittal has made a Unified Payments Interface (UPI)-related complaint to the…

3 months ago

RBI Monetary Policy: Cheque clearance cycle to be reduced ‘from days to hours’, says RBI governor Shaktikanta Das

Announcing the monetary policy statement on Thursday, Reserve Bank of India governor Shaktikanta Das said that the cheque-clearing cycle will…

3 months ago

2 biggest changes to UPI payments that RBI announced this week

The Reserve Bank of India (RBI) has announced two significant changes to the Unified Payments Interface (UPI) system this week…

3 months ago

RBI rolls out new authentication methods for digital payments, alternatives to SMS-based OTPs: Check details

The Reserve Bank of India (RBI) has introduced a new Framework on Alternative Authentication Mechanisms for Digital Payment Transactions to…

3 months ago

Online Payment Frauds Jump Over 400 Percent in India, RBI Data Shows

Digital payment frauds in India saw a more than fivefold jump to 14.57 billion rupees ($175 million) in the year…

4 months ago

Bank of Baroda, Bank of Maharashtra launch special fixed deposit schemes. Details here

Nearly a week after the Reserve Bank of India (RBI) highlighted a gap in deposit and credit growth during a…

4 months ago

RBI allows resident Indians to open dollar accounts in Gift City. What this means for you

Not only will this amount to significant savings when buying foreign currencies for overseas travel, it will also make spending…

4 months ago

RBI Assigns CBDC Expansion Targets to Banks, Aims for 1 Million Daily Transactions by December: Report

The Reserve Bank of India (RBI) is aiming to clock one million transactions in India's under-trial CBDC, the eRupee, daily…

4 months ago