General Finance News

[Sushubh]

According to RBI data, the number of ATMs in India decreased from 219,000 in September 2023 to 215,000 in September 2024. This decline is primarily due to a significant reduction in off-site ATMs, which fell from a peak of 97,072 in September 2022 to 87,638 in September 2024.

UPI, RBI rules ...: Why Banks are shutting down ATMs - Times of India

TECH NEWS : Indian banks are phasing out ATMs and cash recyclers despite record cash circulation. The shift is attributed to the rising popularity of digital paym

timesofindia.indiatimes.com

freaks.

 

[Sushubh]

Non-disclosure of foreign property invites Rs 10 lakh penalty per year | Personal Finance - Business Standard

 

[Sushubh]

CCI approves Kotak Mahindra Bank’s proposal to buy Standard Chartered’s ₹4,100 crore personal loan book | Company Business News

 

[Sushubh]

Government Proposes New Law To Ban Unregulated Lending Activities

This draft law has come as the RBI had set up a Working Group on digital lending.

www.ndtvprofit.com

 

[Sushubh]

High Employee Attrition of 25% In Private Banks Pose Operational Risk: RBI Report

High Employee Attrition of 25% In Private Banks Pose Operational Risk: RBI Report

www.ndtvprofit.com

 

[Sushubh]

Banks most affected by cybersecurity incidents: Economic Survey

Economic Survey 2024-25 highlights cybersecurity threats in Indian financial sector, emphasizing need for robust cyber resilience measures.

www.thehindu.com

 

[Sushubh]

RBI to close these types of bank accounts from today - CNBC TV18

The initiative aims to enhance banking security, improve efficiency, and reduce risks associated with inactive accounts.

www.cnbctv18.com

 

[Sushubh]

RBI considering hiking ATM cash transaction, interchange fees

Reserve Bank of India (RBI) is considering to hike the maximum fee that banks can charge for customers’ incremental cash transactions beyond the free five transactions limit, and ATM interchange fee, sources say.

www.thehindubusinessline.com

 

[Sushubh]

RBI announces ‘bank.in’, ‘fin.in’ domains for banks, NBFCs to combat cyber fraud

RBI introduces 'bank.in' domain to enhance cybersecurity and trust in digital banking, with registrations starting in April 2025.

www.thehindu.com

this seems stupid. but ok.

 

[Sushubh]

RBI cancels March 31 bank holiday: Govt orders banks to stay open for year-end closures

To ensure accurate financial reporting, the Reserve Bank of India mandates that all agency banks remain open on March 31, 2025, even though it falls on a holiday in many states. The move aims to facilitate the proper accounting of government transactions within the financial year ending on that...

m.economictimes.com