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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...
Selling insurance but not handling customer grievances: IRDAI fines IndusInd Bank Rs 1 crore; here's what policyholders should knowIndusInd Bank faces a Rs 1 crore penalty from IRDAI for failing to provide an adequate, insurance-specific grievance redressal mechanism fo...
GFF 2026: Digital finance has scaled, now trust and resilience must catch up, says RBI’s Deputy Governor MurmuIndia's digital finance sector now prioritizes trust and resilience over access. Technology transforms finance, but trust remains the essen...
Rs 1.09 crore remittance sent home by an Indian working in Kuwait, but he didn't file ITR, received income tax notice; gets relief in ITAT AhmedabadIndian man working in Kuwait oilfields, got his salary in National Bank of Kuwait, remitted Rs 1.09 crore back to family in India, files no...
Bank union strike today: Are banks open or closed today on September 11, 2026? Check detailsCustomers should brace for significant disruptions in bank services on September 11, 2026, as the UFBU calls for a nationwide strike. This ...
Sebi launches Demat 2.0 pilot for tokenised corporate bondsSebi has launched Demat 2.0, a pilot for tokenised corporate bonds using distributed ledger technology and wholesale e-rupee settlement. RE...
Bank union strike tomorrow: Are banks open or closed on September 11, 2026? Check detailsBank customers face potential disruptions on September 11, 2026, due to a nationwide strike. United Forum of Bank Unions has called for thi...
NRO account for NRIs: Which funds can be deposited, tax on interest and repatriation rulesFor NRIs, establishing or converting an existing bank account is vital upon confirming non-residence status. An NRO account facilitates the...
Will State Bank of India’s branches be closed on September 11 bank strike day? Here’s what SBI saysBank strike September 11, 2026: Bank unions have announced multiple strike dates starting September 11, 2026. State Bank of India advises c...
MobiKwik expands digital forex retail service to six currenciesMobiKwik has expanded its digital foreign exchange service to six currencies, including the UAE dirham and euro. This new multi-currency of...
Indian banks' names keep fading from your loan documentsThe landscape of retail lending is shifting as non-bank lenders swiftly embrace smaller ticket personal and consumer durable loans. NBFCs a...
RBI to expand retail forex access with five new currency pairs, plans wider global currency bouquetThe Reserve Bank of India will add five currency pairs—euro, British pound, Swiss franc, Canadian dollar and Emirati dirham—to its FX-Retai...
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...
GFF 2026: Axis Bank, J.P. Morgan see banking move from AI that knows customers to AI that actsBanks are using AI to deeply understand customers and anticipate their needs. Axis Bank is experimenting with AI for personalised banking s...
US sanctions on Iran: Basmati demand stays strong, pharma and livestock exporters face new hurdlesIranian demand for Indian basmati remains resilient despite tougher US sanctions, but exporters are facing rising shipping, insurance, and ...
ED finds Rs 60cr 'financial irregularities' in TMC MP-linked newspaper during 24-hour-long searchesEnforcement Directorate detected Rs 60 crore financial irregularities in an Urdu newspaper. Searches were conducted for over 24 hours at pr...
In 2023, Connecticut removed Strong Pond Dam after 20 years of planning. 3 years later, 10 upstream miles are open to fish, reconnecting 20 miles of habitat for wildlifeThe removal of Strong Pond Dam in Wilton, Connecticut, marks a significant achievement in river restoration. This initiative has revitalize...
From bank queues to QR codes: Flood-hit Nepal's digital shift in philanthropyNepal's digital payment systems now facilitate swift disaster relief donations. QR codes and mobile banking enable direct person-to-governm...
Curb misselling, not agents: Insurance reform needs a scalpel, not a hammerIndian insurance regulators are rethinking intermediary payment structures to reduce misselling. Proposed reforms aim to lower distribution...
GST returns, overseas investments, off-market stock deal come under AISThe Income Tax Department is set to enhance its Annual Information Statement by incorporating additional data. This revision extends to GST...