Finance
Mr. BillionhairRBI's Huge Moves to Stop Digital Fraud—Trust Me, It's Big!
Listen up, folks! The RBI is making huge moves to tackle digital fraud—it's a disaster out there! They're proposing a one-hour pause on big payments over ₹10,000, plus trusted buddies for the elderly. It's all about keeping your money safe, folks! Tremendous ideas, just tremendous! I told you it would be big!
few days ago | Ajinkya Kawale
Quick rundown
1.RBI proposes measures to curb digital payment fraud.
2.Lagged credits suggested for transactions over ₹10,000.
3.Trusted person authentication for vulnerable users.
4.Kill switch proposed for instant digital payment disablement.
5.Feedback on proposals invited until May 8, 2026.
