ICICI Bank has introduced a new feature that could make your UPI payments quicker and more secure. You can now approve certain UPI transactions using your fingerprint or face recognition, instead of entering your UPI PIN every time. No More PIN for Small Payments This new feature works for UPI payments of up to Rs … Read more
The Reserve Bank of India (RBI) has introduced new rules for urban co-operative banks (UCBs), and they bring some important changes—especially for homebuyers. These updated guidelines will come into effect from October 1, and they mainly focus on housing loans, unsecured lending, and stricter credit discipline. Big Relief for Home Loan Borrowers One of the … Read more
If you’re planning any bank-related work in May, it’s important to know when banks will be open and when they’ll be closed. Here’s a simple and clear breakdown so you don’t get caught off guard. How Bank Holidays Work in India In India, banks follow a fixed weekly schedule. They remain open on the first … Read more
There’s some relief coming for credit card users. The Reserve Bank of India (RBI) has introduced new rules that change how late payment penalties are applied. Under the new guidelines, you won’t be charged a penalty immediately if you miss your credit card due date. But before you relax, there are a few important conditions … Read more
The Reserve Bank of India (RBI) has introduced new rules that will change how banks handle loan risks. These guidelines aim to make the system more proactive, helping banks prepare for future losses instead of reacting after problems occur. The new rules will come into effect from April 1, 2027, giving banks time to adjust. … Read more
Punjab National Bank (PNB) has partnered with fintech platform Kiwi to make digital payments easier for its nearly 180 million customers. Kiwi is known for offering credit through UPI, and this partnership will help users access instant credit while making payments. In simple terms, customers will now be able to pay via UPI even if … Read more
Even today, fixed deposits (FDs) remain one of the safest ways to invest money. There’s no risk of market loss, and you already know how much return you’ll get in the end. That’s why many people still trust FDs for steady and secure savings. Let’s take a simple look at what Bank of Baroda is … Read more
If you regularly use digital wallets like PhonePe or Google Pay, a new update from the Reserve Bank of India could directly impact you. The RBI is planning new rules that aim to make your wallet safer, reduce issues, and ensure faster refunds. Here’s everything explained in a simple way. What Is Changing and Why … Read more
The Reserve Bank of India (RBI) has officially cancelled the banking license of Paytm Payments Bank Limited. This means the bank will no longer be allowed to carry out any banking activities in the future. According to the RBI, the license—issued under Section 22(4) of the Banking Regulation Act, 1949—has been cancelled effective from the … Read more
If you’re planning to visit the bank in May, it’s better to check the holiday list in advance. The Reserve Bank of India has released the official bank holiday calendar for May 2026, and banks will remain closed for a total of 12 days. These holidays include weekends and major festivals. While some holidays may … Read more
Reserve Bank of India (RBI) has cancelled the banking licence of Paytm Payments Bank, effective April 24, 2026. This means the bank can no longer carry out any banking activities. The decision comes after repeated regulatory concerns and non-compliance with rules. With this move, Paytm Payments Bank’s operations under the payments bank model have come … Read more