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RBI PAYMENTS REPORT
Zerodha, Groww, Angel One, Upstox get Gift City nod to offer US stocks to Indian investorsLeading Indian fintechs Groww, Zerodha, Angel One, and Upstox have secured licenses from IFSCA to offer international equity investing to I...16 Jun, 2026, 11.27 PM IST- India, UAE step up efforts to expand rupee-dirham tradeOver 15% of India-UAE trade has been invoiced in local currencies since the rupee-dirham mechanism launched nearly three years ago. Both na...16 Jun, 2026, 03.04 PM IST
- RBI eases investment rules for NRIs, OCIs; permits designated repatriable rupee accountsThe Reserve Bank of India has updated investment rules for Non-Resident Indians and Overseas Citizens of India. Individuals residing outsid...16 Jun, 2026, 07.00 AM IST
- Goldman Sachs cuts India's 2026 CAD forecast to 1.3% of GDPIt expects India to be less vulnerable to higher crude oil prices than in previous years, citing lower oil intensity, improved energy effic...16 Jun, 2026, 12.40 AM IST
- Unauthorised absence by RBI official grave misconduct: Bombay HC; upholds his removalThe Bombay High Court has ruled that an Reserve Bank of India official's unauthorized absence from work is grave misconduct. The court dism...14 Jun, 2026, 01.15 PM IST
- RBI plans simpler cross-border payment approvals to boost MSMEs, exporters: EY reportThe Reserve Bank of India (RBI) is looking to simplify cross-border payment approvals and reduce regulatory friction for businesses and exp...13 Jun, 2026, 02.22 PM IST
- 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...11 Jun, 2026, 11.00 PM IST
- 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...11 Jun, 2026, 08.35 AM IST
- Indian 10-year bond yield down 0.10 pc on tax relief-driven FPI buyingIn a notable shift, Indian government bond yields have plummeted, primarily fueled by a wave of foreign investment flooding the market. Rec...10 Jun, 2026, 04.00 PM IST
- Rupee to average around 96/USD in FY27; risks from oil, dollar persist: Motilal OswalThe Indian rupee is projected to average around 96 against the US dollar in FY27. However, this outlook faces potential challenges includin...10 Jun, 2026, 01.38 PM IST
- India's current account deficit to remain 1.5-1.7% of GDP in FY27 but RBI measures may turn BoP surplus: SBI ReportIndia's current account deficit is projected for FY27. However, Reserve Bank of India measures are anticipated to improve the country's ext...10 Jun, 2026, 01.26 PM IST
- RBI measures likely to attract USD 55-65 billion inflows in FY27: SBI reportIndia anticipates USD 55-65 billion in foreign inflows this fiscal year. The Reserve Bank of India's recent measures aim to stabilize the r...09 Jun, 2026, 07.49 PM IST
- From tax exemption to FCNR(B) deposits: How India is trying to attract foreign capitalIndia is taking steps to attract foreign investment and boost its economy. The Reserve Bank of India and the government have introduced new...09 Jun, 2026, 05.20 PM IST
- RBI's foreign capital push reflects rising inflation, slowing growth concerns: ReportThe Reserve Bank of India is introducing new measures to attract foreign investment. This move aims to tackle rising inflation, slowing eco...06 Jun, 2026, 05.18 PM IST
- FEMA case against Myntra closed following compounding: EDMyntra's foreign exchange violation probe has concluded after the RBI issued a compounding order. The Enforcement Directorate gave its no o...05 Jun, 2026, 01.11 AM IST
- RBI clears Myntra's FEMA violations after penalty payment; ED closes investigationThe Reserve Bank of India has closed an Enforcement Directorate investigation into Myntra Designs Private Limited. This action follows the ...04 Jun, 2026, 05.45 PM IST
- UPI transactions soar to record of Rs 29.9 lakh crores in MayUnified Payments Interface transactions reached record highs in May. Summer travel and the IPL fueled this surge. Value and volume of trans...01 Jun, 2026, 12.56 PM IST
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