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RBI proposes payment delays, "trusted person" checks for senior citizens to curb digital frauds
22+ hour, 49+ min ago (437+ words) The Reserve Bank of India (RBI) has proposed a series of sweeping changes to digital payments, including transaction delays, additional authentication layers and customer-controlled safeguards, as it looks to curb a sharp rise in frauds driven by social engineering. In…...
Bank FDs or govt's Senior Citizen Savings Schemes? What should retirees opt for?
7+ mon, 2+ week ago (341+ words) "This difficulty is heightened when selecting investment options post-retirement. At this point, your willingness to take risks usually diminishes, consistent income stops, and your retirement funds need to sustain you for your entire life," says Sanket Prabhu, director and head…...
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