RBI to pay ₹25,000 Refund Even If You Share OTP in Cyberfraud! 6 Key Decisions from RBI Meeting!

0. 📆 Free Annual economy updates Win26: Mrunal.org/win26 1. 👩🏻‍🏫 ₹ 7999 ONLY Prelims ⁠⁠UPSC Prelims Crash Course + Revision Test Series at https://unacademy.com/goal/upsc-civil-services-examination-ias-preparation/KSCGY/subscribe/SYQDS857HD?referral_code=MRUNAL.ORG 2. 👩🏻‍🏫 Prelim+Mains from ₹19,999 https://unacademy.com/goal/upsc-civil-services-examination-ias-preparation/KSCGY/subscribe?plan_type=plus&referral_code=MRUNAL.ORG 3. ‼️ UPSC Form Filling Helpline https://docs.google.com/forms/d/e/1FAIpQLSd8k6iPk5TOpDwzB1TWX0_npXk8GK8k7ZlYmHBzNTcJD95Mvw/viewform?usp=dialog **Description:** In this special economy update lecture, renowned UPSC educator and subject expert Dr. Mrunal Patel breaks down the key decisions from the RBI's February 2026 Monetary Policy Committee (MPC) meeting. Even though the repo rate remained unchanged, several important customer-friendly reforms were announced that impact millions of Indians, especially in digital banking, agriculture, MSMEs, and investment. The highlight is the new framework for small-value digital fraud compensation: Victims of internet banking or online fraud can now get up to ₹25,000 refunded (or 85% of the loss, whichever is lower). This applies even if you shared your OTP by mistake – a major shift from earlier rules where banks often refused liability. The refund is a once-in-a-lifetime benefit per person. Funding comes from RBI's Depositor Education and Awareness Fund (100% contribution) plus banks covering part of it. This protects crores of users amid rising cyber fraud cases. Other key reforms include: - Launch of 'Mission Saksham' for training and skill development of Urban Cooperative Bank staff to improve efficiency and service quality. - Extension of Kisan Credit Card (KCC) loan tenure from 5 years to 6 years, giving farmers more flexibility to repay without pressure. - Doubling collateral-free loans for Micro and Small Enterprises (MSEs) from ₹10 lakh to ₹20 lakh, boosting entrepreneurship and easing access to credit without security. - Allowing banks to lend to Real Estate Investment Trusts (REITs) – earlier only permitted for Infrastructure Investment Trusts (InvITs). This expands financing for real estate projects like malls, offices, and infrastructure, potentially lowering costs and increasing returns for investors. - Announcement of RBI's annual Financial Literacy Week with the theme focused on safe banking practices (earlier themes included women's prosperity and similar awareness drives). Dr. Mrunal Patel explains these changes in simple Hindi with real-life examples, making complex banking policies easy for beginners. Ideal for UPSC, SSC CGL, State PSC, Banking (IBPS, SBI, RBI), CAPF, CDS, ACIO, APFC, and other competitive exams where economy and current affairs are crucial. This is part of the free Ran-neeti lecture series post-Budget, covering the full year's economy current affairs with proper PowerPoint slides and handouts. Join live on Unacademy – search for Mrunal Patel in the Academy app, go to Free Classes tab. Classes start Thursday 9 PM onwards. Use coupon code Mrunal.org for any premium access if needed. Watch till the end for complete clarity on these game-changing RBI reforms. Like, share, and subscribe for more free UPSC/RBI/SSC economy lectures. Comment your doubts below! **SEO Tags:** RBI MPC February 2026, RBI fraud refund 25000, cyber fraud compensation RBI, RBI new rules 2026, KCC loan tenure extension, collateral free loan MSME 20 lakh, REITs bank lending RBI, Mission Saksham RBI, financial literacy week RBI, Mrunal Patel economy lecture, UPSC economy current affairs, RBI reforms explained, digital fraud protection India, Unacademy Mrunal economy, free UPSC lecture series, banking awareness for competitive exams, SSC CGL economy, State PSC current affairs, IBPS RBI preparation