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DIGITAL BANKING IN INDIA
RBI warns food, fuel costs could reignite broader inflationMost high-frequency indicators showed sustained manufacturing and services activity in July. Merchandise exports and imports experienced do...- EAC moots consolidation to create a few large banksIndia needs to consolidate banks into a few large entities. This consolidation aims to meet rising credit needs for Viksit Bharat by 2047. ...
- Regional Rural Banks post all-time high net profit of Rs 10,176 crore in FY25-26; total business crosses Rs 13.5 lakh croreRegional Rural Banks (RRBs) reported a record consolidated net profit of ₹10,176 crore in FY26, up from ₹6,820 crore a year earlier, while ...
- RBI working to give banknotes in your pocket a longer lease on lifeThe RBI is exploring ways to extend the life of banknotes, including surface coatings and polymer notes for lower denominations, Deputy Gov...
- UPI transactions in value terms witnesses more than 4,000 fold jump over the decadeUPI has completed 10 years, with annual transaction value soaring from ₹0.07 lakh crore in FY17 to around ₹314 lakh crore in FY26. Transact...
- India’s gig economy is leaving its women behind, study findsWomen remain underrepresented in India’s rapidly expanding gig economy despite near-equal access to basic bank accounts. An ILO-NCAER study...
- UPI completes 10 years: PM Modi calls it a major turning point for India’s digital paymentsPrime Minister Narendra Modi on Tuesday termed the Unified Payments Interface (UPI) a "major turning point" in the country's digital paymen...
- India plans first tokenised bond issue in September: ReportIndia is set to roll out tokenised corporate bonds next month, utilizing blockchain technology to facilitate immediate transaction settleme...
- UPI completes 10 years, clocks nearly 13,000-fold rise in transaction volumeUPI has completed a decade of transforming India’s digital payments ecosystem, with annual transactions surging from 1.78 crore in 2016-17 ...
- The 'trustworthy' changes in the lives of India's middle classDigital payments and tax reforms have significantly altered middle-class spending habits. GST has streamlined consumption taxes, impacting ...
- ET World Leaders Forum: Trust-based reforms transformed India’s middle class, says PM ModiPrime Minister Modi highlighted India's transformative reforms and trust-based governance. He noted significant changes for the middle clas...
- Wave of mass market credit cards erodes foreign majors’ baseStandard Chartered and DBS Bank India recorded the sharpest contractions. The former's card base fell 28% to 581,000, a fall of 227,000 car...
- India orders Google to take down hundreds of Firebase accounts over cyber fraudIndia has directed Google to remove hundreds of accounts on its Firebase platform after officials found scammers using the service to imper...
- India orders removal of Google Firebase accounts after spotting scam patternOnline scams have become one of India's most pressing law enforcement challenges, with Indians losing nearly $2.4 billion in alleged cyber ...
- PSU banks offer highest alpha potential; IT faces uncertainty: Omniscience CapitalIndia’s domestic economy remains resilient, with healthy revenue and earnings growth despite geopolitical uncertainties, according to OmniS...
- Ebix and NSDL Payments Bank cross one crore registrations Under MSRTC NCMC Programmes.Over one crore NCMC RuPay smartcards were registered in five months. These cards now serve MSRTC concessional passengers across Maharashtra...
- Cross-border payments, India’s global UPI push in focus at GFF 2026The seventh edition of the Global Fintech Fest (GFF) 2026 to be held in Mumbai from September 8 to 11, will bring together policymakers, ce...
- India calls for joint advocacy for standards in international telecom, ICT bodiesIndia advocates for BRICS nations to build institutional capacity together. Member states should jointly advocate for fair international te...
- Sabse bada rupaiya: India prints 3x more notes than the US, 6x more than EuropeIndia's rupee banknotes in circulation significantly outnumber US dollar and Euro notes. The Reserve Bank of India reports 176 billion rupe...
- RBI finds cash demand harder to predict as digital payments growRBI faces challenges forecasting demand for banknotes as currency in circulation continues to grow at double-digit rates despite rising dig...
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