Search for any Bank (India) IFSC Code for Free
The Indian banking landscape is undergoing a significant transformation, with the Reserve Bank of India (RBI) at the helm, steering the sector towards greater transparency, security, and customer-centricity. In a series of recent announcements, the central bank has rolled out a slew of new regulations that will impact every bank account holder in the country….
Bracing for Impact: How RBI’s Expected Credit Loss (ECL) Model is Reshaping Indian Banking The Indian banking sector is on the cusp of a monumental shift in how it accounts for bad loans. The Reserve Bank of India (RBI) is steering the industry away from the traditional “incurred loss” model towards a more forward-looking “Expected…
In an increasingly digital world, the security of our financial information is paramount. Every day, countless Indians engage in online banking, making transactions, checking balances, and managing their investments. However, this convenience comes with a risk: the persistent threat of cybercrime, especially phishing attacks, where fraudsters create fake websites to steal your login credentials and…
In a world grappling with economic uncertainty and market volatility, India’s financial sector has emerged as a beacon of stability and growth, attracting a massive influx of foreign investment. In 2025, a spate of billion-dollar deals has thrust Indian banks into the global spotlight, signaling a new era of confidence in the country’s economic prospects….
In a significant move aimed at simplifying and securing the process of wealth transfer, the Reserve Bank of India (RBI) has introduced new rules for bank account nominations, which came into effect on November 1, 2025. These changes, part of the Banking Laws (Amendment) Act, 2025, are set to have a profound impact on how depositors…
In the complex world of finance, regulations are the bedrock of stability and trust. However, over decades, the accumulation of rules can create a labyrinthine system that is difficult to navigate, even for the institutions it governs. Recognizing this, the Reserve Bank of India (RBI) has embarked on an ambitious spring-cleaning exercise of monumental proportions:…
Introduction: The ₹67,000 Crore Treasure Hunt – Unclaimed Deposits RBI Imagine a treasure chest holding over ₹67,000 crore, waiting for its rightful owners to claim it. This isn’t a fantasy tale; it’s the reality of India’s banking system today. As of October 2025, this staggering amount of money lies dormant in “unclaimed” accounts across various…
RBI Cheque Clearing Rules In a significant move to enhance banking efficiency and customer convenience, the Reserve Bank of India (RBI) has officially rolled out its new continuous cheque clearing system, effective today, October 4, 2025. This reform marks a pivotal shift away from the traditional batch-based processing under the Cheque Truncation System (CTS), promising to…
Introduction Beginning October 4, 2025, the RBI Cheque Clearing 2025 has revolutionized the way cheques are processed nationwide by rolling out the Continuous Clearing and Settlement (CCS) mechanism. For decades, cheque settlements have been regarded as slow, involving multiple batch clearings per day and business-day-dependent delays—now, the RBI’s latest initiative promises to bring same-day settlements…
RBI Asks Banks to Reduce Retail Charges | Lower RBI Bank Charges In a decisive move to make banking more consumer-friendly, the Reserve Bank of India (RBI) has put the retail banking industry on alert: everyday charges must come down. The directive, issued in September 2025, puts the focus squarely on charges levied on debit…