RBI to launch a Centralised Portal for Unclaimed Bank Deposits
The Reserve Bank of India has announced to launch a centralised portal for unclaimed deposits. Learn how it works and how it benefits depositors or beneficiaries.
Category: Banking
Locker Agreement Renewal: RBI Extends Deadline and Issues Revised Guidelines
The RBI has extended the deadline for banks to renew locker agreements with existing customers and issued revised guidelines for safe deposit lockers and safe custody article facilities offered …
RBI’s Revised Guidelines for Opening of Current/ CC/ OD Accounts by Banks
RBI has issued consolidated/ revised guidelines and instructions for scheduled commercial banks and payment banks, regarding opening of Current Accounts and Cash Credit/ Overdraft (CC/ OD) Accounts in various …
RBI Master Directions/ Regulatory Framework 2022 for Microfinance Loans
RBI has released Master Directions/ Regulatory Framework 2022 in respect of Microfinance Loans, after necessary review and inviting public suggestions/ comments, i.e. the Reserve Bank of India (Regulatory Framework …
Don’t make Forex Transactions with ETPs not Authorised under FEMA: RBI
RBI has cautioned the general public/ residents to not to make forex transactions with Unauthorized Electronic Trading Platforms (ETPs) offering forex trading/ investments schemes with exorbitant returns, to avoid …
RBI Guidelines on Safe Digital Banking Practices to Avoid Cyber Frauds
In order to prevent “Cyber Frauds,” the RBI has published guidelines on “Safe Digital Banking” practises and advised all parties concerned to be extremely cautious of fraudulent messages, spurious …
Govt. hikes NPS Contribution and Family Pension for Bank Employees
Govt. has announced to hike the NPS Contribution and Family Pension for Public Sector Bank Employees, i.e. Bank Employees Family Pension to be increased to 30% of last pay …