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Dhan launches US stocks, ETFs investing via GIFT City routeThe offering is being provided through Raise IFSC Private Limited, Dhan's wholly-owned subsidiary and a member of India INX operating under...
ATMs hungry, but not for more cashMany Indians face empty ATMs despite ample cash in circulation. This is due to serious disruptions in cash movement. UPI's rapid rise and i...
India, Nepal launch cross-border remittance mechanism; links UPI, NPIIndia and Nepal have launched a new system for money transfers. This links India's UPI with Nepal's NPI. Citizens can now send money instan...
The future of AI may be a world where nobody talks about AIhe first wave of artificial intelligence was defined by models, capabilities, and technical breakthroughs. The next may be defined by somet...
EY launches Bengaluru AI centre to help firms test and scale AI transformationEY has launched a state-of-the-art 40,000-square-foot AI innovation hub in Bengaluru, designed to support clients in the exploration and de...
84% of Indian banking leaders report rising fraud losses, AI-driven threats emerge as major concern: ReportAs artificial intelligence increasingly reshapes the financial sector, Indian banks are facing a sharp rise in fraud-related challenges, wi...
Central Bank of India ordered to pay Rs 2.5 lakh compensation to customer for losing original property papersA consumer commission held the Central Bank of India liable for losing a land title deed deposited as collateral for an agricultural loan. ...
Prop traders seek relief on margin funding as global rivals up gameIndian market participants are calling for a fresh look at margin funding policies, aiming for adjustments from the central bank. The propo...
India, Nepal launch UPI-NPI linkage for real-time cross-border remittancesIndia and Nepal have unveiled a direct payment link between their respective UPI and NPI systems, revolutionizing cross-border remittances....
RBI offers concessional swaps, allows leverage for NRI deposits to drive forex inflowsThe Reserve Bank of India has introduced new foreign exchange measures. These include special swap facilities to encourage state-owned comp...
Credit cover for collateral-free education loans may be raised at inter-ministerial consultationsThe government is exploring increasing the credit guarantee cover for education loans. This move aims to allow banks to offer loans exceedi...
Banks to be told to step up FCNR (B) depositsBanks will now encourage more foreign currency deposits. The Reserve Bank of India will cover all hedging costs for these deposits. This mo...
BSNL ordered to pay over Rs 55 lakh compensation to co-operative bank after duplicate SIM used to access OTPs in Rs 87 lakh fraudKarnataka high court has ordered BSNL to pay more than Rs 55 lakh in compensation and damages to a co-operative bank that lost over Rs 87 l...
Russia-India business dialogue at SPIEF: Energy, transport, information technology, science & education in focusRussia and India convened at SPIEF to boost economic ties. Discussions focused on joint projects in energy, transport, IT, science, and edu...
PNG gas scam: Man clicked on bill link & kept losing money until Rs 31 lakh was drained; 21 others fell for the same fraudFake gas bill update scam: A cyber fraud has targeted 22 individuals in Thane, Maharashtra. Victims received fake gas bill update messages,...
Saturday bank holiday: Are banks open or closed today on June 6, 2026?Banks will be open today, June 6, 2026. This is the first Saturday of the month, a regular working day. Bank holidays vary by state, with t...
RBI approves Sahamati as SRO for Account Aggregator ecosystemThe Reserve Bank of India has recognized Sahamati as the Self-Regulatory Organisation for the Account Aggregator ecosystem. This move forma...
Now easier to enrol for NPS: Pension body launches StAR NPS for online onboardingThe Pension Fund Regulatory and Development Authority has launched a new digital platform called StAR NPS. This platform, developed by BSE ...
RBI announces UPI launch in Cambodia: What it means for Indian tourists & businessesUnified Payments Interface (UPI) services are now live in Cambodia, enabling Indian travelers to make QR code-based payments. This collabor...
Indian travellers can now make UPI payments across CambodiaIndian travellers can now pay in Cambodia using UPI. This new service allows them to scan Cambodia's KHQR code with their UPI apps. Payment...