Even in today’s digital payment era, cheques are still widely used in India. Many people depend on them for property deals, business transactions, and high-value payments. However, cheque fraud cases have increased in recent years. Fraudsters often change the amount, alter names, or forge signatures to steal money from bank accounts. To tackle this growing … Read more
The Reserve Bank of India has announced an important update for investors holding Sovereign Gold Bonds (SGBs). If you invested in the 2020-21 Series-VII bonds, you now have a chance to exit early—and the returns are turning heads. Big Returns on Early Redemption Investors can opt for premature redemption on April 20, 2026. The redemption … Read more
India has taken another big step in digital payments with a new and unique innovation. Credit management platform CheQ, along with AU Small Finance Bank, has launched India’s first LED-powered co-branded credit card. This card stands out not just for its premium design, but also for the advanced technology built into it. It marks a … Read more
The Reserve Bank of India (RBI) has introduced new rules to regulate the rapid expansion of Non-Banking Financial Companies (NBFCs) and Housing Finance Companies (HFCs). The aim is to make the financial sector more stable, transparent, and secure for customers. These guidelines, which came into effect on Wednesday, ensure that companies cannot open new branches … Read more
The National Highways Authority of India has taken a strict step to fix issues in the FASTag system. It has asked all banks issuing FASTags to immediately verify vehicle registration numbers (VRNs) linked to FASTags. This decision comes after several complaints where the number captured by FASTag scanners did not match the actual vehicle number … Read more
Good news has come from Mumbai. The state government is making the Chief Minister’s Relief Fund (CMRF) faster and easier for patients who need financial help for treatment. Chief Minister Devendra Fadnavis will soon launch a new online system. This system is designed to ensure that patients get financial support without delays. Approval in Just … Read more
Reliance Jio has taken another big step towards digital inclusion by partnering with Bank of Baroda. This move will allow feature phone users to access mobile banking services without needing a smartphone. The company has launched a new app called “BOB World Lite,” specially designed for keypad phones like the JioPhone Prima 4G. Banking Now … Read more
If you have an account with Punjab National Bank (PNB), this is important. The bank has warned that some accounts may be closed from April 16. These are accounts that have been inactive for a long time. Specifically, accounts with no transactions for 3 years and zero balance are at risk. If your account falls … Read more
If you have any important bank work next week, this update is important for you. Banks in different parts of India may remain closed for up to four days between April 13 and April 19, 2026. These closures are due to major festivals like Ambedkar Jayanti, Pohela Boishakh, and Bohag Bihu. Because holidays vary by … Read more
Everyone wants their money to grow. But when it comes to investing, many people hesitate because of the risks in the stock market or crypto. If you’re someone who prefers safety and guaranteed returns, a Fixed Deposit (FD) is still one of the most trusted options. And here’s the interesting part — as of April … Read more
The Reserve Bank of India (RBI) is planning to simplify how large non-banking financial companies (NBFCs) are identified. Instead of using a complex scoring system, the RBI now wants to classify NBFCs based mainly on their size. This new approach could also include government-owned NBFCs, which were earlier left out. At first glance, this may … Read more