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BreakingIndian Banks Report Robust 18.8% Credit Growth in August1/6
Topicin Fintech

RBI Guidelines

Latest news, explainers and analysis on RBI Guidelines. Tracking 1 stories on Arth Vani.

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Banking Security6Digital Payments68Indian Banks10

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Banks Propose 'Yes-No' Prompts for High-Risk UPI Transfers to Combat Fraud
New LaunchBreaking
Fintech

Banks Propose 'Yes-No' Prompts for High-Risk UPI Transfers to Combat Fraud

Indian banks have proposed introducing a 'Yes-No' prompt for suspicious UPI transactions to enhance security against digital payment frauds. The Reserve Bank of India (RBI) is currently evaluating these suggestions as part of developing new guidelines to protect users while maintaining payment convenience.

59d ago·2 min readListen
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