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RBI introduces new advertising and marketing rules for banks and NBFCs effective January 1, 2027 to improve transparency and customer protection
Posted inRBI Announcements

RBI Issues New Rules on Advertising and Marketing of Financial Products: What Banks, NBFCs, DSAs and Customers Need to Know

RBI Tightens Rules to Prevent Mis-selling and Misleading Financial Advertisements The Reserve Bank of India (RBI) has introduced significant amendments to its Responsible Business Conduct framework aimed at improving transparency…
Posted by Hype June 16, 2026
RBI cancels registration of 135 NBFCs in India in 2026, major regulatory action by Reserve Bank of India against non-banking financial companies.
Posted inRBI Announcements

RBI Cancels Registration of 135 NBFCs in Major Regulatory Action

Reserve Bank of India Revokes Certificates of Registration of 135 NBFCs The Reserve Bank of India (RBI) has cancelled the Certificates of Registration (CoR) of 135 Non-Banking Financial Companies (NBFCs)…
Posted by Hype June 15, 2026
RBI cancels registration of 150 NBFC companies in India in 2026 infographic showing full list and key details
Posted inRBI Announcements

RBI Cancels Registration of 150 NBFCs: What It Means for the Financial Sector in India

The Reserve Bank of India (RBI) has cancelled the Certificate of Registration (CoR) of 150 Non-Banking Financial Companies (NBFCs) under Section 45-IA (6) of the RBI Act, 1934. This major…
Posted by Hype May 14, 2026
YES Bank BookMyForex $840K forex card fraud impacting 5000 customers February 2026
Posted inFraud & Security Alerts

YES Bank BookMyForex Forex Card Fraud 2026: $840K Unauthorised Transactions Impact 5,000 Customers

The YES Bank BookMyForex forex card fraud 2026 has raised serious concerns among Indian travellers after thousands of customers reported unauthorised international transactions on their prepaid forex cards. According to…
Posted by Hype February 26, 2026
IDFC First Bank ₹590 crore fraud case at Chandigarh branch involving Haryana government accounts – investigation and RBI monitoring
Posted inFraud & Security Alerts

IDFC First Bank ₹590 Crore Fraud: What Happened at the Chandigarh Branch?

India’s private banking sector faced a major shock after ₹590 crore fraud was detected at IDFC First Bank. The issue reportedly took place at the bank’s Chandigarh branch and involves…
Posted by Hype February 24, 2026
RBI 2026 draft rules to curb bank mis-selling in India with refund and customer protection measures
Posted inRBI Announcements

Bank Mis-selling in India: Is RBI’s 2026 Draft a Real Turning Point?

For years, bank customers across India have quietly faced a common problem. You walk into a branch for a loan — you walk out with insurance.You open a savings account…
Posted by Hype February 20, 2026
RBI Cancels Registration of 15 NBFCs in February 2026, Including Tata Motors Finance – Full List & What It Means
Posted inRBI Announcements

RBI Cancels Registration of 15 NBFCs in February 2026, Including Tata Motors Finance – Full List & What It Means

The Reserve Bank of India (RBI) has cancelled the registration of 15 NBFCs in February 2026. This list includes Tata Motors Finance Limited. Because of the Tata name, the news…
Posted by Hype February 13, 2026
RBI PSL norms tightened with external auditor certification for banks
Posted inRBI Announcements

RBI Tightens PSL Norms: Why Banks Now Need External Auditor Certification & What It Means

The Reserve Bank of India (RBI) has tightened Priority Sector Lending (PSL) norms, making it mandatory for banks to obtain external auditor certification for certain PSL loans. The move is…
Posted by Hype January 19, 2026
PNB reports ₹2,434 crore borrower fraud linked to SREI’s former promoters to RBI
Posted inFraud & Security Alerts

Big Banking Alert: PNB Reports ₹2,434 Crore SREI-Linked Fraud to RBI

Punjab National Bank (PNB) has reported a major borrowal fraud of ₹2,434 crore to the Reserve Bank of India (RBI), linked to the erstwhile promoters of SREI Group companies. This…
Posted by Hype December 26, 2025
RBI building and cheque clearance concept image explaining delay in Phase 2 faster cheque system
Posted inPolicy Updates

Why Has RBI Postponed Phase 2 of the Faster Cheque Clearance System?

Reserve Bank of India (RBI) has postponed the implementation of Phase 2 of the Faster Cheque Clearance System to give banks more time to upgrade infrastructure, align internal processes, and…
Posted by Hype December 25, 2025

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  • Collage showing the Paytm logo on a building exterior and the Reserve Bank of India (RBI) emblem, representing Paytm Payments Services receiving RBI authorization
    Paytm Payments Services Gets RBI’s Final Nod as Payment Aggregator: What This Means for India’s Digital Payments EcosystemNovember 27, 2025
  • RBI Imposes ₹29.60 Lakh Penalty on Fino Payments Bank for Regulatory BreachJune 27, 2025
  • RBI Penalizes Financial Institutions for Regulatory Non-Compliance: Latest Penalties and ReasonsJune 5, 2025
  • RBI Fines HDFC Bank ₹75 Lakh for KYC Lapses: What Customers Should KnowMarch 28, 2025
  • RBI Imposes Penalties on IDBI Bank and CitibankMarch 22, 2025

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