India, Russia explore digital currency payments for trade in cross-border breakthroughIndia and Russia are exploring digital currency payments for bilateral trade, potentially opening a faster route for cross-border settlemen...
11 Sep, 2026, 05.27 PM IST
India's BRICS play may have a payment plan with no hard cashIndia is unlikely to back a common BRICS currency at the September 12-13 summit, instead favouring links between national payment systems a...
11 Sep, 2026, 11.21 AM IST
RBI recognises Unified Fintech Forum as second self-regulatory body for fintechThe RBI had recognised the Fintech Association for Consumer Empowerment (FACE) as the first SRO-FT in August 2024, after it laid down the f...
10 Sep, 2026, 07.32 PM IST
AI boom poses new financial stability risks, BIS head saysThe BIS estimates the world's five largest technology firms will invest more than $1 trillion in AI between 2025 and 2026, while industry ...
10 Sep, 2026, 11.40 AM IST
FCNR boost for bank credit growth may be temporary, says Axis CEO Amitabh ChaudhryRecent foreign currency deposits could provide a short-term uplift to the growth patterns in bank lending. With the narrowing of differenti...
09 Sep, 2026, 11.35 PM IST
Rupee falls to 95.11 vs US dollar as West Asia tensions drive oil fearsThe rupee weakened 0.3% to 95.1050 against the dollar as escalating West Asia military tensions pushed Brent crude above $100. RBI interven...
09 Sep, 2026, 07.04 PM IST
Global Fintech Fest 2026: DFS Secretary Sanjay Lohiya unveils UPI credit for KCC, MUDRA borrowersDFS Secretary Sanjay Lohiya at Global Fintech Fest 2026 unveiled a facility allowing eligible Kisan Credit Card and PM MUDRA Yojana borrowe...
09 Sep, 2026, 06.34 PM IST
RBI uses currency swaps to cut $115 billion cash surplusIndia's central bank is draining excess cash from banks using currency swaps. This action follows record high funds in the financial system...
09 Sep, 2026, 06.20 PM IST
RBI explores tokenising gold amid push to expand Unified Markets InterfaceThe Reserve Bank of India is exploring gold tokenisation for its Unified Markets Interface. This platform currently settles tokenised finan...
09 Sep, 2026, 05.21 PM IST
India bonds stuck in narrow range, focus on oil, RBI liquidity movesIndian bond traders are navigating uncertain waters as soaring oil prices weigh heavily on market sentiment. In response, the Reserve Bank ...
08 Sep, 2026, 11.22 AM IST
Indian firms line up $7.7 billion in ECB proposals in JulyIndian companies filed proposals worth $7.70 billion for external commercial borrowings in July. This represented a significant 27% growth ...
08 Sep, 2026, 12.25 AM IST
RBI easing drives Indian companies’ $7.70 billion overseas borrowingIndian companies filed proposals worth $7.70 billion for external commercial borrowings in July. This marked a significant 27% growth over ...
07 Sep, 2026, 10.32 PM IST
Indian bonds end flat as traders gauge RBI liquidity approachIn a cautious trading session, Indian government bonds experienced little movement as the Reserve Bank of India implemented temporary liqui...
07 Sep, 2026, 05.58 PM IST
Bank of Maharashtra, Canara Bank eye dollar debt issuance this month, bankers sayCanara Bank and Bank of Maharashtra will raise $500 million each through dollar bonds. These lenders will issue three-year or five-year pap...
07 Sep, 2026, 04.44 PM IST
India bonds muted after tepid response for RBI's cash-drain operationIndian government bonds hit a pause on Monday following a technical setback that disrupted cash withdrawal capabilities. To counteract a li...
07 Sep, 2026, 01.53 PM IST
India's central bank withdraws over 6 trillion rupees of bank liquidity after record spikeThe Reserve Bank of India absorbed more than ₹6 trillion through liquidity withdrawal operations after banking system surplus hit a record ...
07 Sep, 2026, 01.08 PM IST
India’s record foreign deposit push could cost RBI $10.6 billion: Why the diaspora fundraising drive may prove expensiveIndia's recent fundraising initiative among its diaspora is anticipated to incur significant expenses for the Reserve Bank of India. The un...
07 Sep, 2026, 06.30 AM IST