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Tag Archives: RBI

Things to know about Re-KYC

As per the guidelines of the Reserve Bank of India, banks must update the details of their customers periodically.

Revised bank locker rules

RBI, in its circular, stated that the deadline for completing the process of renewal of locker agreements for banks had been extended till December

Now users can pay recurring

No UPI users can block a specific amount to meet a specific purpose or to pay a merchant.

RBI to launch retail digital

RBI announced the launch of Central Bank Digital Currency (CBDC) soon, i.e. from Thursday onwards.

Things to know while closing

The Reserve Bank of India (RBI) directed banks to close the credit card of customers within seven working days of their request.