Public sector banks collected over Rs 8,000 crore as penalties for not maintaining minimum balance in the last three financial years. The Finance Ministry has clarified whether the government plans to ...

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 ...

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 ...

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 ...

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 ...

The Reserve Bank of India on Friday released ​draft guidelines for a compensation ‌scheme aimed at protecting customers from ...

Despite RBI rate cuts and liquidity support short-term rates remain high as deposit growth lags credit cash circulation rises and government balances restrict banking liquidity ...

RBI Deputy Governor Swaminathan J says India's growth hinges on productive capital, meaningful financial inclusion and strong customer protection in a digital ecosystem.

Malhotra, who has completed an year as RBI governor, said India's macroeconomic fundamentals continue to remain healthy and ...

SRINAGAR: The Reserve Bank of India (RBI) on Monday launched Financial Literacy Week (FLW) 2026 for the Union Territories of Jammu Kashmir and Ladakh, with a focus on promoting awareness about Know ...