RBI proposes compensation for small-value digital banking fraud, offering up to ₹25,000 to victims and introducing stricter safeguards, alerts and complaint timelines for banks.

RBI’s draft directions introduce stronger customer protection for electronic banking fraud, including both unauthorized and authorised-but-fraudulent transactions. The new framework shifts the burden ...

In a significant move to protect ordinary bank customers from the growing menace of digital payment fraud, Reserve Bank of India (RBI) has proposed a structured compensation mechanism under which ...

The next phase of AI adoption is about transformation from a visible tool into an invisible service that absorbs complexity ...

RBI’s draft amendment strengthens customer protection in electronic banking transactions handled by Local Area Banks. It places the burden of proving customer negligence on banks and mandates fraud ...

Punjab National Bank has reduced the daily ATM withdrawal limit for some of its debit cards. According to the bank, these new rules will come into effect from April 1, 2026. In a statement on its ...

Momentum indicators have entered the oversold zone and a bullish divergence has been seen on the hourly charts.

HMRC has shared an intriguing piece of advice for those who want to speak with the tax authority. The matter arose following ...

HMRC has issued a curious piece of advice if you are trying to contact the tax authority. The issue came to light after a question from a customer about an error around underpaid tax. The person ...

Infomerics Valuation and Rating Limited reaffirms ratings of Bank of Maharashtra’s Basel III Tier II and AT1 bonds, ...

The taxpayer reached out to HMRC, the government's tax arm, via X, formerly Twitter, to seek help via social media.

Explore the challenges customers face with AI-driven customer service and the need for human empathy in resolving complex issues, highlighting the balance between automation and personal touch in ...