PhonePe is now charging a Rs 100 quarterly fee for inactive wallets. This fee applies if users have not made any financial transactions thr...

To incentivise foreign currency inflows, the Reserve Bank of India will swap fresh dollar term deposits raised until end-September at par. ...

The Reserve Bank of India will conduct a Rs 1 lakh crore variable rate repo auction on June 19. This move aims to manage liquidity in the b...

The Indian rupee's upward surge encounters some obstacles. As the Reserve Bank of India gradually dissolves a hefty foreign exchange forwar...

Leading Indian fintechs Groww, Zerodha, Angel One, and Upstox have secured licenses from IFSCA to offer international equity investing to I...

India's digital payment system, UPI, has expanded its global reach with a launch at Galeries Lafayette in Nice, France. This move strengthe...

India's digital fraud rate in 2025 reached 7.1%, almost double the global average. This indicates growing online fraud risks as digital pay...

The agreement will allow participants to join the Cross-border e-CNY Transfer Services, or CBETS, an integrated cross-border settlement pla...

The Reserve Bank of India has updated investment rules for Non-Resident Indians and Overseas Citizens of India. Individuals residing outsid...

The Reserve Bank of India has prohibited third-party incentives to employees of regulated entities, while allowing banks and NBFCs to rewar...

RBI has prohibited third-party incentives to employees of regulated entities for selling financial products, while allowing banks and NBFCs...

The Bombay High Court has ruled that an Reserve Bank of India official's unauthorized absence from work is grave misconduct. The court dism...

The Reserve Bank of India (RBI) is looking to simplify cross-border payment approvals and reduce regulatory friction for businesses and exp...

Bank holiday today: Banks across India are closed today, Saturday, June 13, 2026, as it marks the second Saturday of the month. While physi...

Banks are urging the RBI to clarify regulations for the new FCNR deposit scheme, aiming to attract diaspora funds. They seek a tweak in wor...

Many Indians face empty ATMs despite ample cash in circulation. This is due to serious disruptions in cash movement. UPI's rapid rise and i...

Indian shoppers are increasingly opting for contactless 'tap-and-pay' card transactions, with estimates suggesting they now account for up ...