RBI proposes nuanced risk weight treatment for banks to boost lending, benefiting MSMEs, real estate, and credit cards.

The proposed guidelines are expected to enhance credit risk management practices and promote better comparability of reported ...

India’s central bank on Wednesday ordered Kotak Mahindra Bank to immediately cease onboarding new customers via its online and mobile banking channels and to stop issuing fresh credit cards, citing ...

MUMBAI: The Reserve Bank has proposed significant changes to the way banks assign risk weighting to loans and the so-called ...

New Delhi: Those who pay house rent using credit cards have suffered a major setback as the rules have been changed. The Reserve Bank of India (RBI) has amended credit card regulations, making it ...

The move follows the Reserve Bank of India’s (RBI) tightened Payment Aggregator (PA) and Payment Gateway (PG) guidelines, ...

The newly launched Access Control Server (ACS) integrates biometric verification with AI-powered risk checks to authenticate ...

Central bank cites violations in credit card conduct and KYC norms; penalties not linked to validity of customer transactions ...

If you have been using apps like Paytm, PhonePe, or Cred to conveniently pay your monthly house rent via credit card, that option is no longer available. The Reserve Bank of India (RBI) has issued new ...

This comes after the central bank has found instances of retail customers using credit cards to pay rent and tuition fees via third-party apps However, in the above case, the payment can be ...

The RBI has ordered Bengaluru-based BNPL firm Simpl to immediately cease its payments operations for running a system without ...

The Reserve Bank of India is considering a plan that would let banks and lenders remotely disable smartphones bought on credit if the buyer fails to pay their EMIs. This step is being discussed as ...