RBI's latest public directives on how one can and should protect themselves from cyber crimes and identity theft comes along with peppy rap music. Moreover, Viruss has done the video pro bono for the central bank

The 'Master Direction' lays down guidelines for internet banking, mobile payments, card payments, customer protection, and grievance redressal mechanism

The RBI had placed the Shri Anand Co-operative Bank Limited, Chinchwad, Pune, Maharashtra under directions from the close of business on June 25, 2019

PMC Bank, which has been under RBI direction since September 23, 2019, has received four investment proposals from eligible investors for its reconstruction scheme

Jio Payments Bank was required to submit an application on reappointment of MD & CEO four months prior to the date on which the term was to expire. The bank, however, sent the application less than a month prior to that date

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In April 2019, the RBI had imposed certain restrictions on the Karnataka-based bank barring it from granting or renewing any loans and advances, accepting fresh deposits, or making any investments, without prior approval from the regulator in writing

With the relaxation in withdrawal limit, more than 84 per cent of the PMC Bank's depositors will be able to withdraw their entire account balance

Corona lockdown extension live updates: Nagaland has imposed COVID-19 cess of Rs 5 per litre for diesel and Rs 6 for petrol and motor spirit; Delhi demarcated one more containment zone, taking their total number to 100

Coronavirus lockdown extension live updates: From Tuesday, Haryana will restrict movement to satellite cities of Gurugram and Faridabad. Borders in Sonipat and Jhajjar have already been tightened

Savings bank account interest is calculated on a daily basis on the daily closing balance in the account, at the rate specified by the bank in accordance with Reserve Bank of India directives.

Banks are expecting a huge number of footfalls due to expected disbursement in Jan Dhan accounts, women beneficiaries, pension accounts and PM Kisan beneficiaries

The V-CIP, which will be consent-based, will make it easier for banks and other regulated entities to adhere to the RBI's KYC norms by leveraging the digital technology

The Karvy case has dented investor confidence in the broking industry. It's time to shift focus from price to credibility

The RBI has appointed Jai Bhagwan Bhoria as the administrator of the PMC Bank with all the powers of the board

Shareholders approved the resolution to raise authorised share capital from Rs 500 crore, divided into 50 crore equity shares of Rs 10 each, to Rs 650 crore, divided into 65 crore equity shares

PMC Bank's asset quality declined as gross non-performing assets (NPAs) ratio - bad loans as a percentage of gross advances - rose to 3.76 per cent, versus 1.99 per cent in the previous year

The Finance Minister has announced a mini-stimulus package to arrest the economic slowdown. But the economy needs much more than piecemeal solutions

Giving details, the RBI said the penalty has been imposed for non-compliance with certain provisions of directions issued by it on know your customer norms or anti-money laundering standards and opening of current accounts.