RBI Fines HDFC Bank, Punjab & Sind Bank for Regulatory Violations
Mumbai, 27-03-2025: The Reserve Bank of India (RBI) has slapped monetary penalties on HDFC Bank and Punjab & Sind Bank...
Banking
Know the Rules: How Much Cash Can You Deposit Without Tax Issues?
Managing your finances wisely means knowing banking rules, especially for cash deposits. Many people wonder how much they can deposit...
RBI Governor Urges Banks to End Repeated KYC Requests, Focus on Better Customer Service
On Monday, Sanjay Malhotra, the Governor of the Reserve Bank of India (RBI), advised banks to avoid repeatedly asking customers...
NPCI to Reject UPI Transactions with Special Characters in IDs Starting February 2025
Starting February 1, 2025, UPI transactions with special characters in their transaction IDs will be automatically rejected, according to a...
RBI Introduces New Phone Number Series to Combat Spam and Fraudulent Calls in Banking
To fight spam and fraudulent calls, the Reserve Bank of India (RBI) has introduced two new phone number series for...
RBI to Close Inactive, Dormant, and Zero-Balance Accounts Starting January 2025
Starting January 1, 2025, the Reserve Bank of India (RBI) will introduce new rules that could lead to the closure...
SEBI Cracks Down on Unregistered Investment Advisory by YouTuber Ravindra Bharti
India's market regulator, the Securities and Exchange Board of India (SEBI), has taken strict action against YouTuber Ravindra Balu Bharti...
Why is the RBI Removing Certain ₹5 Coins?
The Reserve Bank of India (RBI) has decided to phase out older, heavier ₹5 coins due to economic and security...
