ReserveBankOfIndia

Deposit insurance covers more than just savings accounts.

DICGC insures different kinds of deposits in insured banks, including savings, current, fixed and recurring deposits, subject to applicable conditions.

For more details and the latest updates, visit the DICGC website: dicgc.org.in

#RBI #DICGC #DepositInsurance #FinancialAwareness

It has come to the notice of the Reserve Bank of India that a message is circulating on social media claiming that the standard Cheque Truncation System (CTS) cheque books currently in use will change from December 31, 2026 and the new cheque books featuring updated security standards will come into effect from January 1, 2027.
 
It is clarified that at present Reserve Bank of India is not introducing any such measures with regard to the CTS cheque books. As such, the message is factually incorrect and misleading.
 
Members of public are requested to rely only on the information published by RBI from time to time in such matters.

Money has evolved over time, from barter and banknotes to digital payments. Now, currency itself is taking a digital form.

Discover India's Central Bank Digital Currency (CBDC), also known as the e₹, and understand how it works, what makes it different, and what it means for the future of money.

Tune in to the latest episode of RBI Talks, From Paisa to Policy.

#RBItalks #DigitalRupee #CBDC #ReserveBankOfIndia

Outsourcing strengthens banking only when risks are managed effectively

Outsourcing and technology partnerships are enabling banks to reach new customers, improve service delivery and expand access to formal banking, but third party risks have to be effectively managed.

For the complete article, please visit:business-standard.com/s/2gAit2G

#Banking #FinancialInclusion #DigitalBanking #RBI
#Outsourcing

@TheOfficialSBI @pnbindia @bankofbaroda @canarabank @UnionBankTweets @HDFC_Bank @ICICIBank @AxisBank @KotakBankLtd @MyIndusIndBank @NIBMIndia @cafral_rbi @Igidr_Mumbai @IDRBT @CoS_RBI

A new form of currency. The same sovereign trust.
Get ready to understand CBDC, India's Digital Rupee, and its role in the evolving financial ecosystem.

Coming soon on RBI Talks.

#RBI #PaisaToPolicy #CBDC