Banks And Borrowers Alert! RBI’s New Guidelines: THESE Key Changes Take Effect From Today, October 1
Now, lenders can reduce parts of the spread on floating-rate loans sooner than the earlier three-year limit, giving borrowers quicker relief. Banks can also let customers switch from floating to fixed rates when interest rate resets occur. These changes cover personal, retail, and MSME loans.
Oct 01, 2025, 10:00 AM IST
Bank Holiday Tomorrow, August 23: Will Banks Be Open Or Closed? Full List Inside
Keep in mind that bank holidays can vary from state to state due to local festivals and regional observances. That’s why it’s a good idea to check with your local bank branch in advance for their holiday schedule. This helps you stay prepared especially during long weekends or in case of urgent banking needs.
Aug 22, 2025, 19:12 PM IST
RBI’s Revised Co-lending Guidelines Will Boost Transparency: Report
Notably, the co-lending assets under management of NBFCs have seen healthy traction over the past few years and are estimated to have crossed Rs 1.1 lakh crore as of March 31, 2025.
Aug 13, 2025, 19:25 PM IST
RBI Guidelines Ensure Multilingual Customer Communication, Quicker Grievance Redressal: Minister
Reinforcing this requirement, the RBI, through a letter on September 30, 2024, reiterated that all customer communications must invariably be issued in a trilingual format — Hindi, English, and the relevant regional language — to ensure transparency, clarity, and convenience for all, the Minister said further.
Aug 12, 2025, 18:08 PM IST
RBI’s New ATM Rules From May 1, 2025: HDFC, PNB And IndusInd Bank Notify New Charges
New RBI Guidelines For ATM Transactions: The number of free transactions remains unchanged and continues to apply to savings account holders across all banks in India.
Apr 28, 2025, 17:09 PM IST
RBI's BIG Warning For Rs 500 Currency Notes - Is Your Note Counterfeit Or Real?
Rs 500 Note: The Reserve Bank of India (RBI) has provided guidelines to help customers distinguish between genuine and counterfeit Rs 500 notes. Here’s how to verify if the Rs 500 note in your wallet is authentic or not.
Feb 26, 2025, 18:37 PM IST
AU Small Finance Bank Submits Application To RBI For Universal Bank Licence
As per the April guidelines of RBI, an SFB aiming to become a universal bank should have a minimum net worth of Rs 1,000 crore at the end of the previous quarter and shares of the bank should have been listed on a recognised stock exchange.
Sep 03, 2024, 21:01 PM IST
Govt Bonds Worth Rs 28,000 Crore Coming Up For Sale On Friday
The government will have the option to retain additional subscriptions up to Rs 2,000 crore against each of the three securities.
Jul 03, 2024, 20:40 PM IST
DNA: RBI Guidelines for Loan Recovery
Central Bank RBI has warned the banks and financial institutions that are cheating the customers in different ways and asked them to refund the interest and other charges wrongly collected from the
Apr 30, 2024, 22:34 PM IST
RBI Issues Draft Rules For Web Aggregators Of Loan Products
The RBI specifies that the digital view should include essential details such as the name of the bank or NBFC extending the loan.
Apr 27, 2024, 09:14 AM IST
HDFC Bank Advises Customers To Avoid Using NEFT Money Transfer Method On April 1: Check Details
To transfer money HDFC Bank customers can utilize alternative transaction methods like Immediate Payment Service (IMPS), Real Time Gross Settlement (RTGS), and Unified Payments Interface (UPI).
Apr 01, 2024, 13:22 PM IST
RBI New Rules On EMI-Based Personal Loan: What You Need to Know And How It Could Affect Your Household Budget
RBI ordered all regulated entities to implement the guidelines by December 31, 2023 and inform all existing customers/borrowers about the reset option of floating interest rate for EMI available to them.
Aug 20, 2023, 18:48 PM IST
DNA: Now pay through UPI even in zero balance
RBI has issued a new guideline for crores of people using UPI. According to the new guideline of RBI, now you will be able to pay through UPI even on zero balance.
Apr 15, 2023, 00:14 AM IST
Amazon Prime Rs 129 monthly subscription returns back: Here’s how to avail it
Only three-month and annual plans were offered by Amazon until now. Rs 129 monthly plan of Amazon prime can be purchased through all electronic methods.
Oct 09, 2021, 13:31 PM IST
RBI issues direction on compensation of private banks' top officials
The central bank had issued guidelines on the compensation of whole-time directors/ chief executive officers/ material risk takers and control function staff in November 2019.
Aug 30, 2021, 21:04 PM IST
Now, you have to memorise 16-digit debit, credit card numbers, expiry date, CVV no: Here’s what RBI says
The new change means that customers debit cards or credit cards will have to give their 16-digit card number every time they make a transaction.
Aug 21, 2021, 16:26 PM IST
Alert! Banks to shut down for 3 days in May’s last week: Check full list here
Bank holidays are prevalent every year and customers will see that banks will be closed in many parts of the country for at least 3 days in the last week of May 2021.
May 23, 2021, 16:53 PM IST
SBI Card unveils video based customer identification feature to ensure zero contact
With social distancing being the new normal, VKYC enables a customer to undergo a completely presence-less journey, without the need to physically interact with anyone.
Jun 15, 2020, 18:45 PM IST
RBI issue guidelines on compensation for Private Bank CEOs, Whole-time Directors, Material Risk Takers
Reserve Bank of India (RBI) has issued guidelines on Compensation for Whole Time Directors/ Chief Executive Officers/ Material Risk Takers and Control Function staff. The guideline will be applicable on all private sector banks, including local Area Banks, Small Finance Banks, Payments Banks, and Foreign Banks operating in India.
Nov 05, 2019, 12:34 PM IST
Banks restructure corporate loans of Rs 2.04 lakh crore in FY17
The finance minister was responding to a question seeking names of companies whose loans have been restructured and at what terms.
Aug 01, 2017, 17:39 PM IST