UPI chargebacks will be auto-accepted or rejected based on transaction confirmations. NPCI’s new rule aims to streamline dispute resolution and reduce penalties for banks.

Pankaja Borah, General Manager (OIC), NABARD, Mizoram Regional Office welcomed the Chief Guest, Special Guests and all the participants and briefed them about the significance of the State Focus Paper ...

Muthoot said that cost of funds are likely to come off only marginally and therefore he does not expect that to translate into lower lending rate.

The most recent change made by the Reserve Bank of India regarding homebuyers and home loan borrowers has had a significant ...

More than a lakh depositors and cooperative housing societies are affected as New India Cooperative Bank is put under ...

RBI’s action was necessitated due to certain material concerns emanating from poor governance standards observed in the ...

THIRUVANANTHAPURAM: The new year has brought no respite to the financial woes of Malayalis as prices of essential commodities ...

Panic gripped customers of New India Co-operative Bank after the Reserve Bank of India (RBI) imposed severe restrictions on withdrawals for six months due to concerns over the bank’s financial ...

Banking in India follows a biweekly Saturday holiday system, where banks are open on the first and third Saturdays but closed ...

The Reserve Bank of India (RBI) has now allowed small finance banks (SFBs) to offer pre-sanctioned credit lines via UPI ...

The Reserve Bank of India announced the cancellation of licenses for 17 non-banking financial companies (NBFCs), including ...

The Reserve Bank of India has imposed penalties totaling Rs 68.1 lakh on Nainital Bank, Ujjivan Small Finance Bank, and ...