68 articles on Banking, Credit & RBI, authored by the Finin2min editorial team. Page 2 of 2.
Do not delete chats or invent a story. Build a transaction-by-transaction explanation and identify the bank, police station, complaint number and amount under…
The safest recurring payment is one you can identify in seconds: merchant, amount ceiling, frequency, validity and cancellation path.
No-PIN does not mean no risk: treat an unlocked phone with funded UPI Lite like a small digital wallet.
If repayment trouble starts, contact the lender before auction stages begin—gold carries emotional value that a later cash refund cannot restore.
If a lender makes the EMI look affordable by stretching tenure, your monthly pain may fall while lifetime interest rises.
For important payments, save both halves of the proof: the banking record and the underlying contract or invoice.
Never complete re-KYC through a link received from an unknown caller; use the bank’s branch, official app or authenticated website.
Fintech growth through regulated partners needs clear lender/payment roles, disclosures, grievance flow and data discipline. This guide is built for founders…
Anonymous groups can use fake screenshots, urgency and fake insider claims to push retail investors into bad trades. This guide is designed to help readers…
A screenshot of profit is not proof of real assets. The real test is regulated entity, bank trail and withdrawal reliability. This guide is designed to help…
Borrowing against securities can solve short-term cash flow but may force selling during market falls. This guide is designed to help readers avoid avoidable…
A loan app should not collect a customer’s contact list, files and call logs merely because the phone permits it.
The first response should stop further loss and timestamp the complaint—not ask the customer to wait while transactions continue.
A full Aadhaar copy is not a universal KYC requirement. Organisations should know when a masked document or alternative record is sufficient.
A borrower should know who the lender is, what data each participant receives and which permissions are optional.
Debt recovery does not authorise public humiliation, threats or disclosure to a borrower’s unrelated contacts.
A bank doesn't need to fail before RBI intervenes — the PCA framework is designed to trigger supervisory restrictions well before that point, based on three spe
A wave of predatory lending apps — aggressive recovery tactics, hidden charges, opaque data collection — pushed RBI to draw a hard structural line: fintech apps
Banks have the low-cost capital but often lack last-mile reach into underserved borrower segments; NBFCs have the reach and underwriting agility but a higher co
That periodic "please update your KYC" message from your bank isn't random — it's driven by a specific risk-categorisation cycle RBI mandates, with high-risk ac
RBI's attempt to force banks into rigid, near-automatic insolvency referrals on a single day of default got struck down by the Supreme Court — the framework tha
Not every company that lends money or holds financial investments needs to register as an NBFC — RBI applies a specific two-part financial test to determine whe
A PMLA investigation cannot exist in isolation — it always needs an underlying "scheduled offence" to attach to. Understanding this predicate-offence requiremen
Every bank account in India sits under a quiet, continuous monitoring obligation most customers never see — and the specific trigger for a report isn't the tran
A shell company's named director or nominee shareholder is often not the person actually controlling the money — beneficial ownership rules exist specifically t
The Enforcement Directorate can freeze a person's property before any trial concludes — but that provisional freeze isn't permanent by default, and understandin
PMLA reporting obligations were never limited to banks — but a 2023 amendment specifically pulled certain client-facing activities of chartered accountants, com
Two customers with identical account balances can sit in completely different KYC risk categories — the classification has almost nothing to do with how much mo