RBI Digital Payment Alert: Check These Details Before Sending Money
RBI has advised users to verify the beneficiary name and payment amount carefully before confirming digital transactions to avoid payment errors.
RBI has advised users to verify the beneficiary name and payment amount carefully before confirming digital transactions to avoid payment errors.
RBI MPC minutes show policymakers favouring caution on policy rates, with inflation risks under watch even as India’s economy continues to show resilience.
New Delhi: The Reserve Bank of India (RBI) has cautioned bank and NBFC customers against fraudsters sending fake Know Your
RBI’s new loan recovery rules from January 2027 restrict phone locking, protect borrower data and bar recovery agents from threats, abuse and harassment.
The RBI is expected to keep the repo rate at 5.25% during its August MPC meeting as inflation risks, liquidity management and global uncertainties remain in focus.
The RBI has directed banks in border districts to install note authentication and sorting machines, strengthen counterfeit currency checks and train all cash-handling staff by October 31, 2026.