UPI Payment: UPI transactions of up to Rs 2,000 will continue to be free for users. A new Merchant Discount Rate (MDR) will be introduced f...

The Supreme Court mandated the RBI to enforce lawful vehicle repossession rules. Financial institutions cannot seize vehicles without due l...

Retailers Association of India warns new UPI fees could reverse digital payment gains. Small merchants may shift transactions back to cash,...

Recent data reveals a rise in Consumer Price Index inflation, now at 4.8 percent, spurring predictions of possible interest rate hikes by t...

Economists are gearing up for a potential rate hike from the central bank as soon as October, driven by escalating crude oil prices and ong...

HDFC Bank has nominated Kaizad Bharucha and an external candidate for the top leadership role. The bank seeks a six-month tenure rule relax...

An SBI research report recommends the Reserve Bank of India raise interest rates. The central bank should implement a 25 basis point hike n...

The Reserve Bank of India possesses tools to manage banking liquidity from deposit inflows. Governor Sanjay Malhotra indicated a readiness ...

Foreign Currency Non-Resident Bank deposits are significantly enhancing banking liquidity, providing an essential boost for lending opportu...

Malhotra said fintech’s potential could translate into meaningful impact only when innovation reached people who were not already well serv...

State Bank of India anticipates deploying foreign currency deposits over three months. The bank is enhancing artificial intelligence adopti...

What if a transaction takes place after you lose your card, and you don’t block it before that? Who has the liability then - you or the ban...

The Reserve Bank of India may not need to raise the cash reserve ratio (CRR) in the immediate term as the banking system's surplus liquidit...

Reliance Industries takes the forefront as Indian companies turn to domestic bonds for fund-raising. Banks, with their significant surplus ...

High-frequency data reveals that India's economy is on an upward trajectory, exhibiting robust growth. An executive highlights vibrant vehi...

Union Bank of India expects the RBI to raise the repo rate to 5.75-6% in H2 FY27, from the current 5.25%, with the rate-hike cycle likely b...

Closing the FCNR(B) scheme has led to a noteworthy increase in dollar inflows, which has positively impacted foreign exchange reserves. Ind...