RBI

Hyderabad: Major changes in Aadhaar and banking rules will start from November 1. The Central Government and Reserve Bank of India (RBI) introduced new systems to simplify Aadhaar updates, expand banking options, and revise payment fees.…
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Hyderabad: Private banks including HDFC Bank and ICICI Bank will begin same-day cheque clearance from October 4 under the Reserve Bank of India’s new settlement framework. The move aims to make payments faster and more secure. From…
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Hyderabad: The Reserve Bank of India (RBI) is considering new guidelines that would let banks and non-banking financial companies (NBFCs) remotely lock mobile phones purchased on consumer loans when borrowers fail to repay. According to…
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Hyderabad: The National Payments Corporation of India (NPCI) on Monday announced a revision of Unified Payments Interface (UPI) limits, effective September 15, 2025, to support high-value digital payments. NPCI raised the per-transaction…
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Hyderabad: The Centre clarified that banks cannot reject loan applications from first-time borrowers only because they lack a CIBIL score. Union Minister of State for Finance Pankaj Chaudhary made the statement in the Lok Sabha during the…
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Hyderabad: The Reserve Bank of India (RBI) has announced that from October 4, 2025, bank cheques will be cleared within a few hours instead of the current clearance time of up to two working days. The move aims to speed up transactions,…
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Hyderabad: In a major blow to India’s private banking sector, the Reserve Bank of India (RBI) has uncovered significant accounting irregularities at IndusInd Bank, the country’s fifth largest private lender. According to sources, an…
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HYDERABAD: Bharat Rashtra Samithi (BRS) Working President KT Rama Rao has levelled serious allegations against Telangana Chief Minister Revanth Reddy, accusing him of orchestrating a ₹10,000 crore land scam involving ICICI Bank and…
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March 2025 will see bank closures in Hyderabad on eight days due to festivals and regular holidays. Check the full list of bank holidays and plan your banking activities accordingly. HYDERABAD: As February 2025 comes to an end, it is time…
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HYDERABAD: The Reserve Bank of India (RBI) has launched a new mobile application, ‘RBIDATA’, to provide macroeconomic and financial statistics in an interactive and user-friendly format. The app aims to assist researchers, policymakers, and…
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