Earlier, the RBI had announced new regulations to combat rising financial fraud carried out through voice calls and SMS, ...

Scammers are impersonating RBI officials through fake voice calls, falsely claiming your bank account will be blocked due to ...

Kotak Mahindra Bank’s UPI-linked RuPay Virtual Credit Card offers instant approval, lifetime free usage, UPI integration, and ...

In 2023, unsecured loans (personal loans and credit cards) were growing at a faster pace. Taking note of the high growth and to avoid an increase in the banks' NPAs, the RBI increased the risk ...

The Reserve Bank of India (RBI) has expanded the scope of card tokenisation for both debit and credit cards. Formerly limited to merchant applications or websites, individuals can now tokenise ...

The Reserve Bank of India (RBI) on July 28 announced some relaxation to its card storage rules, which are set to get into effect on October 1, 2022. For guest checkout transactions the following ...

The Reserve Bank of India (RBI) has no idea if the payment ecosystem is ready for its new card storage rules, which prohibit merchants and payment gateways/aggregators from storing the card ...

RBI guidelines: The Reserve Bank of India (RBI) on Wednesday issued new guidelines aimed at providing more options and flexibility for credit card customers. The central bank said card issuers ...

A day after the RBI instructed payment networks Visa and Mastercard to stop enabling business credit card issuances by fintech aggregators, the central bank stated on Thursday that there were ...

This comes after the central bank has found instances of retail customers using credit cards to pay rent and tuition fees through third party apps. Also read: RBI warns banks against activating ...

The RBI has asked card issuers to give customers their choice of payment network - such as RuPay, Mastercard or Visa. Currently, most banks allow customers to choose the debit or credit card ...

The Reserve Bank of India (RBI) has asked banks to provide eligible customers with an option to choose from multiple networks while issuing credit cards. The directive means customers will now be ...