Once you find unclaimed deposits through UDGAM, you can approach the respective bank to either reactivate the dormant account ...

More than half of the respondents surveyed in the Reserve Bank of India’s (RBI) Systemic Risk Survey (SRS) do not expect a revival in the private capital expenditure cycle in the coming year, contrary ...

The Reserve Bank of India (RBI) has announced the latest interest rate for RBI Floating Rate Savings Bonds on Wednesday for January to June 2025. The RBI Floating Rate Savings Bond, 2020 (Taxable ...

Starting January 1, 2025, the Reserve Bank of India (RBI) has implemented new guidelines that will result in the closure of specific types of bank accounts. The initiative aims to enhance banking ...

Fixed Deposit Rules 2025: Starting from January 1, 2025, The updated regulatory framework for housing finance companies (HFCs) and non-banking finance companies (NBFCs) by the Reserve Bank of ...

With just hours remaining before 2025, the Reserve Bank of India (RBI) is taking proactive steps to ease the pressure on the banking system and strengthen both cyber and financial security. As part of ...

After reviewing the current rules for HFCs, the RBI decided to introduce updated guidelines. These new regulations, along with some revised rules for NBFCs are outlined in two separate sections of ...

The Reserve Bank of India has approved the proposal to appoint Rajat Verma as the new CEO of DBS Bank India. Mr. Verma, currently Head of Institutional Banking Group (IBG), will succeed Surojit ...

The Reserve Bank of India (RBI) is revamping certain rules to enhance user convenience in UPI transactions. One major change includes an increase in the transaction limit for various UPI modes.

Despite a sharp improvement in risk metrics among banks in India, Reserve Bank of India said on Monday that some lenders continue to trend lower. The details were announced as part of the RBI's ...

The rupee's overvaluation relative to its trading partners makes India's exports more expensive. This is the most overvalued the rupee has been since 2004, RBI data showed. Data prior to 2004 is not ...

It also reviewed global banking developments, noting improvements in capital adequacy across jurisdictions. RBI’s focus on harmonizing prudential norms and improving governance underlined its ...