RBI introduces new rules on penal charges and interest, effective April 1, to prevent extra charges on loan accounts. The guidelines aim to promote responsible..

The National Common Mobility Card (NCMC) in India, aimed at enhancing digital payments in public transport, has seen limited adoption. New RBI regulations..

Personal loans are set to become more expensive in the coming year, with non-banking financial companies (NBFCs) facing difficulties due to recent rule changes..

Borrower loan eligibility could drop while banks and finance companies will be forced to hike the EMI (equated monthly instalments) for some home loans when..

Last month, the Reserve Bank of India (the "RBI") introduced master directions (the "Directions") and guidelines (the "Guidelines") for the acquisition and..

As deadline for new RBI re-registration rule looms, seniors rue that banks have not even intimated them about it

RBI has removed foreclosure penalities. As per new RBI guidelines, borrowers can avail a home loan balance transfer if he/she gets lower interest rates by other..

A regulatory framework has been made available by the banking authority for fintech companies.

While the earlier deadline for the tokenisation rule was January 1, RBI has now extended it to July 1, 2022.

HDFC Bank has started alerting its customers about the new RBI guidelines that will come into effect on January 1, 2022. The bank says that starting January 1,..

Amazon Prime monthly subscription is available in three different models. The first one with a validity of one month, which costs Rs 129. The second one with a..

Additional Factor Authentication (AFA) will be required under the new RBI regulation, which is scheduled to be effective immediately from next month.

The RBI recently expanded the scope of 'tokenisation,' a step that is expected to make card payments more safe, secure and convenient for users.

Services of NACH will now be available seven days a week. Currently, facilities are available only when banks are open, from Monday to Friday.