Penalties for not maintaining minimum balance in savings accounts in PSBs (AI-generated image for representational purposes) The government has clarified that it has not issued any blanket direction ...

RBI Deputy Governor Swaminathan J warns that rapid growth in digital lending and platform-based models could raise risks if credit is not responsibly underwritten ...

The rationale behind the BT-KPMG India's Best Banks and NBFCs Survey 2024-25 ...

Ahmedabad: The Reserve Bank of India (RBI) on Monday launched the sixth edition of the Digital Payment Awareness Week (DPAW) in Ahmedabad with a women-centric outreach programme, highlighting ...

As digital payments continue to grow rapidly in India, incidents of online financial fraud are also increasing. To strengthen ...

Banks Offer Zero-Balance Accounts To Promote Financial Inclusion: Sitharaman. New Delhi, Mar 9 (KNN) Finance Minister Nirmala Sitharaman on Monday said that banks provide zero-balance savings account ...

The draft circular makes changes in the coordination structure, with subcommittees for inclusion and literacy; agriculture; ...

Explore how Indian fintech is evolving towards financial wellness platforms, focusing on enhancing overall financial health ...

Among others, it was proposed to introduce a framework to compensate customers up to Rs 25,000 for losses incurred in small-value fraudulent transactions. In the monetary policy statement, the ...

The proposed revision is aimed at enhancing the scope of existing instructions on limiting liability of customers in unauthorised electronic banking transactions to cover other categories of ...

Arohan Financial Services MD Manoj Kumar Nambiar discusses the NBFC-MFI’s "Vision 2030" to reach a Rs 20,000 crore portfolio.