Card issuers are mandated to validate the additional factor authentication. The Reserve Bank of India (RBI) is proposing ...

In a bid to tighten security for online payments, RBI has extended Additional Factor of Authentication (AFA) to global ...

Experts call for responsible credit card usage as it involves borrowed money and associated interest charges if not paid ...

As announced in Statement on Developmental and Regulatory Policies dated February 07, 2025, Reserve Bank of India today placed on its website draft directions on Additional Factor of Authentication ...

To ensure accurate financial reporting, the Reserve Bank of India mandates that all agency banks remain open on March 31, ...

Mumbai: The Reserve Bank of India (RBI) on Wednesday lifted the restrictions on Kotak Mahindra Bank, allowing it to issue new credit cards and onboard new customers through its website and mobile ...

onboarding of new customers through its online and mobile banking channels, and issuing fresh credit cards. In a press release dated April 24, 2024, RBI said,"...Serious deficiencies and ...

The Reserve Bank of India has lifted restrictions on Kotak Mahindra Bank, allowing it to resume onboarding new customers and issuing fresh credit cards. The decision comes after the bank implemented ...

The Reserve Bank of India on Wednesday lifted ban on Kotak Mahindra Bank, allowing it to issue new credit cards and onboard new customers through online and mobile banking channels. The central bank ...

the Reserve Bank of India (RBI) has lifted its "cease and desist" order on Kotak Mahindra Bank (KMB). The move allows the private sector lender to issue new credit cards and onboard fresh customers ...

A Reddit user has shared their father’s encounter with an attempted credit card scam where a man allegedly posed as an SBI ...