September 30, 2021 7:58 pm
The RBI had earlier extended the timeline for banks and other institutions to migrate to the framework for processing of e-mandates on recurring online transactions by six months.
October 01, 2020 5:01 pm
RBI New debit card, credit card rules: The new RBI guidelines for credit and debit cards hold significance because of the rising instances of online fraud cases and are aimed at making debit and credit cards more secure, reliable and curb any misuse.
September 26, 2019 8:41 pm
There are six types of debit cards issued by SBI, namely: Classic debit card, Silver international debit card, Global international debit card, My card international debit card, Gold international debit card, and Platinum international debit card.
March 09, 2016 2:13 am
At present, the RBI has capped charges at 0.75 per cent of the transaction amount for value up to Rs 2,000 and one per cent for transaction amount for value above Rs 2,000.
August 08, 2014 9:24 pm
The time to issue a credit or debit card has been reduced from two to three weeks to 1 hour.
January 26, 2014 3:30 am
The Reserve Bank of India has announced withdrawal of currency notes issued before 2005.
January 20, 2014 2:32 am
CERT-In is the nodal department to protect Indian cyberspace and software infrastructure against destructive and hacking activities.
May 11, 2013 9:44 am
Prepaid cards have fewer controls on them than on regular credit and debit cards issued by banks.
March 01, 2013 4:35 pm
RBI tells banks to put cap on credit and debit cards transactions,stop excess issuance of cards
February 26, 2013 1:51 pm
There are 65 crore credit and debit cards in the country and Rs 1,50,000 crore worth of transactions.