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RBI NEW RULES
India eases forex reporting rules for small value service exports, importsThe Reserve Bank of India has eased foreign exchange reporting rules for services exports and imports, reducing compliance requirements for...- New Rs 10, Rs 20 & Rs 50 notes to run short before Diwali? PIB Fact Check debunks viral RBI circularA viral WhatsApp message claiming that new Rs 10, Rs 20 and Rs 50 notes may be in short supply ahead of Diwali has been debunked by PIB Fac...
- Rise in NPA is transitory, as borrowers take time to adjust to new rules, says Muthoot Finance MDMuthoot Finance has indicated an increase in bad loans linked to evolving lending regulations that are affecting borrowers. The company exp...
- Crypto cards enter RBI's radar as Indians use offshore wallets for everyday paymentsOffshore crypto cards that allow Indian residents to spend digital assets on domestic purchases and withdraw cash have come under the scrut...
- 8th Pay Commission pension calculator: How Rs 25,000 to Rs 75,000 basic pensions can change at 2.0, 2.25 and 2.57 fitment factors8th Pay Commission news: The central government has many more pensioners than employees. Union Minister Ashwini Vaishnaw announced DA and D...
- RBI digital fraud rules from January 1, 2027: Will you get 85% of your money back after an online scam?
- GST registration gets easier as CBIC drops Udyam proof, sets seven-day limit for approvalsThe Central Board of Indirect Taxes and Customs has issued clarifications regarding GST registration requirements for businesses. Companies...
- PSU vs private banks: The real story behind the Q2 divergencePublic sector banks are experiencing stronger net interest margin growth compared to their private counterparts this quarter. Despite facin...
- NPS subscribers are less swayed by short-term market movements now, says Axis Pension Fund CEO Sumit ShuklaAxis Pension Fund intends to enhance its National Pension System offerings to provide better retirement savings options. The introduction o...
- Is India a “shadow transshipment” hub? The data says otherwiseBetween 2014 and 2024, India’s goods exports to the US grew 1.86 times, while US exports to India grew 1.94 times. A rising two-way relatio...
- Ind AS 118: India Inc gears up for big changes to financial reportingIndia’s largest companies are preparing for the implementation of Ind AS 118, which may impact financial reporting. Changes include new cla...
- English Court of Appeal dismisses India's appeal in dispute with UAE-based RAKIAThe English Court of Appeal has dismissed India's challenge to an arbitral tribunal's jurisdiction over a dispute brought by Ras Al Khaimah...
- India's glittering gold loan sector risks sliding into a dark zoneThe gold loan market in India is on a rapid growth trajectory, fueled by true demand alongside possible financial distress among borrowers....
- Home loan getting costlier? How a higher credit score can save you lakhs even when interest rates riseIn today’s competitive lending environment, many homeowners are successfully reducing their mortgage rates thanks to improved credit scores...
- Yes Bank Q2 profit beats estimates, but Supreme Court's AT1 bond ruling impact not booked as lender weighs further appealYes Bank reported a 65% year-on-year rise in second-quarter profit to Rs 1,080 crore, beating analyst estimates. However, the lender said i...
- HDFC Bank deputy MD Kaizad Bharucha to step down on December 31HDFC Bank Deputy Managing Director Kaizad Bharucha has sought to step down on December 31, 2026, amid a leadership transition at the lender...
- HDFC Bank deputy MD Kaizad Bharucha to step down on December 31Kaizad Bharucha has submitted his resignation as deputy managing director of HDFC Bank, effective December 31, 2026. This decision follows ...
- SBI helped save YES Bank, Japan came aboard, and now an ₹8,415-crore ghost is crashing its comebackYES Bank’s ₹8,415-crore AT1 bond write-off, carried out during its 2020 reconstruction, has returned to the spotlight after the Supreme Cou...
- Supreme Court rules against Yes Bank's write-off of Rs 8,415 crore AT1 bondsThe Supreme Court confirmed the decision of the Bombay High Court regarding Yes Bank's AT1 bonds. This ruling impacts ₹8,415 crore in bonds...
- Rupee relief comes with disruptions in financial marketsThe Reserve Bank of India took decisive steps to stabilize the rupee, significantly affecting financial markets. New constraints led to sky...
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