Reserve Bank of India
- Hyderabad
Centre reviews Hyderabad Police’s Operation Octopus, pushes anti-fraud AI tool
Hyderabad: The Department of Financial Services (DFS) has directed banks to adopt the Reserve Bank of India (RBI)-developed artificial intelligence tool MuleHunter.AI at the earliest to detect and block mule accounts being used…
- India
Flood or earthquake hit your area? Your bank will now help automatically
Hyderabad: If a flood, earthquake or any other natural disaster strikes your area, your bank will now be able to automatically offer you loan relief – without you having to ask for…
- India
RBI cancels banking licence of Paytm Payments Bank
Mumbai: The Reserve Bank of India on Friday, APril 24, said it has cancelled the banking licence issued to Paytm Payments Bank. The licence was cancelled as the “affairs of the bank…
- Hyderabad
Hyderabad CP asks RBI to strengthen measures against mule accounts
Hyderabad: To further strengthen defences against financial crimes, Hyderabad Police Commissioner V C Sajjanar on Tuesday, April 21, proposed the formation of a Joint Working Group comprising representatives from the RBI, banking…
- India
RBI projects India’s FY27 GDP growth to moderate to 6.9 pc
Mumbai: The Reserve Bank on Wednesday projected India’s GDP growth for the current financial year at 6.9 per cent, lower than 7.6 per cent estimated for 2025-26, driven by concerns over elevated…
- India
RBI likely to pause repo rate as US-Iran weighs on growth, inflation: Report
New Delhi: The Middle East conflict and elevated oil prices will likely lead to the Reserve Bank of India maintaining the policy repo rate unchanged at 5.25 per cent in its April…
- Business
From April 1, two-factor authentication for all digital payments, including UPI
New Delhi: Two-factor authentication for all digital transactions, including popular UPI platform, becomes effective from Wednesday, April 1, in line with the RBI’s direction as a measure to curb fraud. Transactions will…
- Business
Rupee crashes 49 paise to record low of 92.89 against US dollar
Mumbai: The rupee slumped 49 paise to close at a record low of 92.89 against the US dollar on Wednesday, March 19, weighed down by a stronger greenback and sustained FII outflows.…
- India
HDFC chairman Atanu Chakraborty resigns citing ethical concerns
New Delhi: In a sudden move, Atanu Chakraborty resigned as the part-time chairman of the country’s second biggest lender HDFC Bank citing ethical concerns. This is the first time that the part-time…
- Business
Apple Pay is coming to India in mid-2026, in advanced talks with banks
It’s been over 10 years since Apple Pay launched in the US in 2014, and has now expanded to 89 countries. India was not one of them. That is about to change…
- Crime in Hyderabad
Hyderabad: Fintech founder held in Rs 13,000 crore online gaming fraud
Hyderabad: The Directorate General of GST Intelligence (DGGI), Hyderabad, on Thursday, February 19, arrested Pankaj Kumar, founder and director of Adsum Advisory Service Private Limited, for allegedly facilitating illegal online gaming operations.…
- Bangalore
Congress worker death case: Complaint filed against Karnataka Minister Zameer
Bengaluru: A complaint has been filed with the Income Tax Department against Karnataka Minister for Tourism and Waqf Zameer Ahmad Khan, who is also District In-Charge Minister for Ballari, over giving Rs…
- Business
RBI issues 7 new master directions on digital banking
Mumbai: The Reserve Bank on Friday issued seven new master directions on digital banking channels authorisation for regulated entities, including commercial banks and small finance banks. This is part of a massive…
- India
Banks to clear cheques within few hours starting October 4: RBI
Mumbai: The Reserve Bank of India (RBI) has announced that bank cheques must be cleared within a few hours from October 4 — down from the current clearance time of up to…
- Business
RBI proposes new rules for easier claim settlements of deceased customers
New Delhi: The Reserve Bank of India (RBI) has proposed new rules to make it easier and faster to settle claims on the bank accounts and lockers of customers who have passed…
