Explore India’s ambitious PSU bank consolidation strategy reshaping the financial sector. Understand recent mergers, the government’s FY27 mega plan, and how bank consolidation impacts customers, employees, and the broader banking ecosystem.
India’s public sector banking faces a transformative merger wave. Finance Minister Sitharaman confirmed talks with RBI on consolidating 12 banks into six to seven globally competitive institutions. Expected announcements in April-May 2026 will reshape banking operations, employee roles, and customer services fundamentally.
The Reserve Bank of India mandated all Indian banks migrate to the exclusive .bank.in domain by October 31, 2025, to combat rising digital fraud. This restricted domain provides verified security, SSL encryption, and DNSSEC protection, making it significantly harder for cybercriminals to create fake banking websites and phishing scams targeting unsuspecting customers.
Reviewing your bank statements regularly and reporting lost cards immediately are your most powerful weapons against fraud. When you catch unauthorized transactions early, you’re already ahead of most fraudsters. Consumer fraud losses exceeded $12.5 billion in 2024, making vigilant account monitoring essential for protecting your financial security.
Embedded finance is reshaping banking in India by seamlessly integrating payments, credit, insurance into apps like e-commerce and ride-sharing. Discover how invisible banking offers instant, frictionless transactions, empowers financial inclusion, and defines the future of digital banking for Gen Z.
Punjab National Bank has slashed locker rent charges across all categories effective November 2025. Small lockers now cost ₹750 annually in rural areas, while urban medium lockers drop to ₹3,000. This 25% reduction makes secure storage affordable for Indian families safeguarding valuables and important documents.
The RBI’s new bank account nomination rules 2025 allow up to four nominees with digital registration. Learn how these changes simplify claim settlement, protect your family’s financial security, and why updating your nomination matters today.
RBI returns Jana Small Finance Bank’s universal banking application due to unmet eligibility norms. Discover key reasons behind the decision, its impact on Jana SFB’s growth, investor response, and what’s next for the bank’s future path.
India’s government plans to increase FDI in PSU banks from 20% to 49%, unlocking $4 billion in foreign investment. Explore the strategic shift, expected inflows, market impact, and investment opportunities in India’s
banking sector transformation.
Paytm now enables NRIs from 12 countries to make seamless UPI payments using their international mobile numbers. This feature allows linking NRE/NRO accounts and paying merchants, transferring money, and shopping online in India without an Indian SIM card or forex charges.
