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FINANCIAL SYSTEM
Gurugram maid earns Rs 60,000, works across 5-6 homes and pays a land EMI. Top company executive says, 'She has zero safety net...'. What does her financial discipline look like?A Gurugram-based top company executive shared how his maid earns Rs 60,000 monthly while working across five to six homes and carefully man...
India seeks payment-system links in every FTA, Commerce Secy says: ReportIndia aims to link its payment systems with trading partners in new agreements. This strategy seeks to make cross-border payments faster an...
Banks need to invest more in digital, financial literacy to tackle cyber fraud: Bank of Baroda MDBank of Baroda MD and CEO Debadatta Chand said the financial system needs to invest significantly more in financial and digital literacy to...
RBI uses currency swaps to cut $115 billion cash surplusIndia's central bank is draining excess cash from banks using currency swaps. This action follows record high funds in the financial system...
Glass Wall Systems IPO Day 2: Issue subscribed 8 times, GMP at 31%. Should you subscribe?Glass Wall Systems’ Rs 427.89-crore IPO was subscribed 2.52 times on Day 1, led by strong retail demand. A Rs 56 GMP indicates a potential ...
GFF 2026: RBI flags speed, concentration, opacity as key risks as AI use grows in financeReserve Bank of India Deputy Governor Rohit Jain addressed emerging technology risks. He noted speed, concentration, and opacity as key con...
India's retail credit market shifts to rural, GenZ borrowers via digital platformsYounger consumers and rural households are driving India's retail credit market growth. These aspirational borrowers now account for most n...
Your bank account could one day become an AI agent: Perfios Group CEO Nitin ChughBank accounts may soon act as AI agents, understanding finances and offering recommendations. These agents could coordinate, make decisions...
GFF 2026: PM Modi asks fintech industry to turn agentic AI, tokenisation, quantum potential into real-world impactPrime Minister Narendra Modi inaugurated the Global Fintech Fest 2026 in Mumbai. He urged the fintech industry to convert new possibilities...
Glass Wall Systems IPO fully subscribed on Day 1; GMP signals 28% listing gain. Check price band, lot sizeGlass Wall Systems’ Rs 427.89 crore IPO will remain open from September 8 to September 10, 2026, with shares priced at Rs 172–182. Its 28% ...
UK publishes legislation for tougher sanctions on Iran over nuclear programmeBritain has published new legislation imposing tougher sanctions on Iran. These measures will restrict Iran's access to the British financi...
‘Nothing calms your nervous system more’: Bengaluru creator reveals the financial cushion that can bring real peaceBengaluru-based founder and creator Simridhi Makhija says having Rs 20-30 lakh in savings can provide a sense of financial security and cal...
Global Market: China stocks range-bound as tech gains offset bank, insurance sector lossesChinese stocks were largely range-bound on Monday as gains in technology shares offset losses in banks and insurers following Beijing’s $54...
A new risk for global investors: Why access to markets, currency and financial systems may become tools of pressureOnce a country begins to treat access to its markets, its currency and its financial system as instruments of pressure, then the logic will...
AI-driven cyber risk is top concern for global financial stability, watchdog saysIn a letter to G20 finance ministers and central bank governors ahead of meetings this week, Bailey, who also serves as the Bank of England...
AI cyber risk is biggest immediate threat to global financial stability: FSB chair Andrew BaileyFinancial Stability Board Chair Andrew Bailey highlighted AI's immediate cyber risk concerns. He warned AI could accelerate cyberattacks, i...
Egypt's Banque Misr reviews US dollar curbs, UAE launches urgent probe over Iran linksEgypt's Banque Misr is reviewing US sanctions targeting its UAE branches for Iran dealings. The UAE central bank has launched an urgent exa...