RBI Proposes New Measures to Enhance Digital Payment Security

RBI introduces new draft framework to boost digital payment security with enhanced authentication methods and specific exemptions.

RBI Proposes New Rules to Reduce Fraud in Aadhaar-enabled Payment System

RBI proposes new rules to improve Aadhar-enabled Payment System (AePS) security and reduce fraud by setting transaction limits for agents.

RBI issues new guidelines to tackle wilful defaulters, improving scrutiny of NPAs over Rs 25 lakh for better market stability.

RBI’s 2024 RCF Report reveals how digital technology is enhancing bank efficiency and increasing competition in India’s financial sector.

RBI updates Domestic Money Transfer rules which is effective from November 1, 2024, with enhanced security and stricter KYC requirements.

Rich Indians are investing in risky SAFEs for high returns on foreign startups, despite regulatory and legal uncertainties.

RBI mandates fair hearings for borrowers before labeling accounts as fraud. Banks must now provide a 21-day response window.

Check out RBI's new rule allowing Indian residents to open Foreign Currency Accounts under LRS at Gift City's IFSC.

RBI raises concern over banks' misuse of internal accounts for fraud and loan evergreening, urging stricter controls and transparency.