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 ...

NEW DELHI : Mumbai-based Yateen Kahate applied for Axis Bank's Magnus credit card in July 2023. Two months later, the bank ...

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 ...

The RBI's move to extend Additional Factor of Authentication (AFA) to international online transactions aims to strengthen security for Indian cardholders amid rising global cyber threats and fraud ...

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 ...