Clarifying Concerns: What Paytm Payments bank account holders should know amidst regulatory action
Recent regulatory action on Paytm Payments Bank has sparked concerns among depositors regarding the safety of their funds. Unlike the...
Finance
RBI extends Paytm Payments Bank’s deadline for ceasing transactions
The Reserve Bank of India (RBI) has granted Paytm Payments Bank Ltd (PPBL) a 15-day extension until March 15, 2024,...
RBI Issues Do’s and Don’ts Guide for Safeguarding Against KYC Fraud Threats
In KYC frauds, scammers trick victims into revealing important personal information such as bank account details via unsolicited communication such...
EPFO bans Paytm Payments Bank: What has changed for customers? Know more
The Employees Provident Fund Organisation (EPFO) has taken measures to prohibit its officers from processing claims associated with Paytm Payments...
Public sector banks are losing savings account money to mutual funds: Banking Secretary
Public sector banks (PSBs) in India are experiencing a decline in savings account deposits at a faster rate than private...
RBI Keeps Repo Rates Unchanged, Unveils Key Decision on Home Loan Processing Charges
In its bi-monthly monetary policy announcement on February 8, the Reserve Bank of India (RBI) maintained the repo rate, providing...
Farewell to OTP ? ,RBI suggests principle-based authentication for digital payments
In a recent announcement, the Reserve Bank of India (RBI) has disclosed plans to revamp the verification process for digital...
HDFC gets RBI approval to acquire stake in 6 banks, including Yes Bank
HDFC Bank, the largest private sector bank, has secured a significant approval from the Reserve Bank of India (RBI) to...
Unpacking the Journey: Why Half of India’s Payments Banks Have Closed Shop
In a roller-coaster trajectory marked by regulatory challenges and strategic shifts, India's payments bank landscape has witnessed the closure of...
8 Scenarios Where Term Insurance Claims May Be Denied, Check details
In the contemporary era, securing plans like term insurance and life insurance has become crucial. However, it is essential to...
RBI imposes monetary penalty on Bajaj Housing Finance Limited, Pune for regulatory non-compliance
The Reserve Bank of India (RBI) has imposed a monetary fine of Rs 5 lakh on Bajaj Housing Finance Limited,...
What is Interim Budget? Finance Minister Nirmala Sitharaman set to present interim budget on February 1
Finance Minister Nirmala Sitharaman is gearing up for her sixth budget presentation, the Interim Budget 2024, scheduled for February 1...
Know about ‘these’ new changes in rules from Feb 1
From 1st February 2024, several rules will be changed which will impact the common person. Following are the further details: ·6...
Become a Crorepati: Achieving Financial Milestones with PPF Investment
If the dream of becoming a crorepati seems daunting due to an average salary, the Public Provident Fund (PPF) offers...
RBI Imposes Monetary Penalties on Three Banks : Check Details Here
The Reserve Bank of India (RBI) has imposed a monetary penalty on Dhanlaxmi Bank Ltd of Rs 1.20 crore Punjab...
