Digital Banking Rule will changed, RBI issued a new guidline
RBI New Guideline: The Reserve Bank of India has decision on digital banking. The new rule starts from 1st January 2026. After this, there are changes in online transactions and banking channels. This will have a direct impact on everyone, from customers to banks.
RBI has issued 7 new directions. This is related to digital banking channels and authorization. They aim to simplify rules for banks and financial institutions, provide more transparency to customers, and make digital transactions secure.
New guidelines:
– A uniform framework has been established for the approval and operation of digital channels.
– Banks will now have to clarify customer consent, product display, and legal obligations on their digital platforms.
– Small finance banks and commercial banks will also be covered by these rules.
– RBI has consolidated a total of 244 master directions into one single entity to simplify compliance for regulated entities.
Customers will benefit the most from this change. They will now enjoy greater security and transparency when conducting digital transactions. Furthermore, it will be easier for banks to comply with the regulations. RBI says this step will promote ease of doing business and strengthen digital banking.
These changes are not just technological, but also relate to everyday life. Today, everyone uses mobile apps and internet banking. Therefore, if the rules are clear and secure, customers will be able to make digital payments without fear.
Banking sector experts believe that these guidelines will further strengthen the vision of Digital India in the future. Especially in rural areas, where people are gradually moving towards digital transactions, these rules will help instill confidence.
