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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…
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Posted by Hype June 15, 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.…
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Posted by Hype February 24, 2026
UPI Apps Market Share in India January 2026 showing PhonePe, Google Pay and Paytm transaction volume comparison with December 2025 based on NPCI data
Posted inFintech Apps

UPI January 2026 Performance – Latest Official Data

📌 Overall UPI Statistics – January 2026 Total Transactions: 21,272.57 Million (≈ 21.27 Billion) Total Transaction Value: ₹28,00,739.45…
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Posted by Hype February 23, 2026
RBI penalty on UCO Bank ₹38.60 lakh February 2026 for savings interest and locker rule violations
Posted inBlogging

RBI Imposes ₹38.60 Lakh Penalty on UCO Bank – What Went Wrong?

The RBI penalty on UCO Bank has become a major regulatory development in February 2026. The Reserve Bank…
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Posted by Hype February 21, 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…
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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…
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Posted by Hype January 19, 2026
Confidential No Disclosure” stamp on the other, showing the dispute over disclosure of banking inspection reports and NPA data
Posted inBlogging

RBI Supports Disclosure of NPA and Inspection Reports, Major Banks Challenge Move at CIC

The Reserve Bank of India (RBI) has strongly advocated for greater transparency in the banking sector by supporting…
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Posted by Hype January 14, 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…
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Posted by Hype December 26, 2025
Aadhaar PAN linking deadline December 31 explained with banking and tax impact illustration by BanksConnect.in
Posted inAadhaar Digital Banking

Aadhaar–PAN Linking Deadline December 31: Why It Matters for Banking & Taxpayers

The deadline to link Aadhaar with PAN is approaching fast.December 31 is an important date for taxpayers, salaried…
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Posted by Hype December 21, 2025
Kotak Mahindra Bank office building after RBI imposed ₹61.95 lakh penalty for regulatory non-compliance
Posted inBlogging

Why Has RBI Penalised Kotak Mahindra Bank and What Does It Mean for Customers?

The Reserve Bank of India (RBI) has imposed a monetary penalty of ₹61.95 lakh on Kotak Mahindra Bank…
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Posted by Hype December 21, 2025

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