Bengaluru's Enforcement Directorate has raided six locations over alleged illegal cross-border money transfers exceeding Rs 2,500 crore usi...

India saw inflows topping $155 billion in 2025-26 via remittances. Add another estimated $50 billion from this scheme which will run until ...

Indian banks are launching a global campaign to attract over $50 billion in deposits from the diaspora. This initiative aims to strengthen ...

Indian crypto exchanges are blocking user withdrawals fearing misuse for money laundering. Global exchange Binance, however, permits free w...

In multiple cases, individuals have used dozens of fake permanent account numbers (PANs) with the same name but different addresses and dat...

In recent times many resident individuals, banking with various financial institutions, have used cards to carry out international capital ...

Money changers' innovative plan to use stablecoins for NRI remittances is facing disruption. The usual premium on USDT over the US dollar h...

A growing share of Indian remittances is quietly shifting to stablecoins like USDT to exploit a 4–5% premium in India. Money changers route...

While rapid digitalisation of the financial sector in recent years has helped in realising benefits in terms of improved financial inclusio...

The investigation has revealed that the Indian cryptocurrency exchange Wazirx, operated by Zanmai Labs Private Limited in India, was using ...

As per analysts' speculation, there is a possibility that the remitted money under any permissible LRS head, could be subsequently used for...

Industry trackers say that the way Indians are warming up to crypto assets as well as decentralised finance, remittances through crypto ass...

A series of damning reports on Friday and Saturday, based on internal company documents, showed that Facebook is aware its platforms are us...

Industry trackers say that the way Indians are warming up to crypto assets as well as decentralised finance, remittances through crypto ass...

In most cases remittances are being done through less volatile crypto assets that are pegged to other currencies

The crypto-tech market in India has the potential to create over 800,000 jobs and an economic value-add of $184 billion by 2030 in the form...

India's largest private sector bank ICICI is telling customers remitting funds to invest abroad to give a declaration that the money will n...