RBI imposes Rs 66.7 lakh penalty on Bank of Baroda, GIC Housing FinanceThe Reserve Bank of India has levied significant penalties on Bank of Baroda and GIC Housing Finance for regulatory breaches. Bank of Barod...
03 Jul, 2026, 07.35 PM IST
RBI backs crypto containment and keeps ban on table, officials tell house panelThe Reserve Bank of India has strongly advised a prohibition strategy for crypto assets, recommending that banks and financial institutions...
03 Jul, 2026, 12.52 AM IST
WhatsApp usernames safe from scams, impersonation? Meta issues FAQs amid government scrutinyWhatsApp is rolling out a new username feature, allowing users to connect without sharing phone numbers. The company has released an FAQ ad...
02 Jul, 2026, 08.08 PM IST
NRIs looking to park your dollars? Ujjivan SFB offers 7.5%, DBS up to 5.6% on FCNR depositsBanks are raising returns on FCNR(B) deposits after the RBI eased norms to attract foreign currency inflows. Ujjivan Small Finance Bank now...
02 Jul, 2026, 03.56 PM IST
WhatsApp says claims of people reserving popular, well-known usernames falseThe rebuttal came as part of a set of FAQs released by the Meta-owned messaging platform around its contentious username feature - which is...
02 Jul, 2026, 03.55 PM IST
PSBs raise term deposit rates to reclaim deposit market sharePublic sector banks are boosting term deposit rates to reclaim lost market share, a move that contrasts with private banks lowering theirs....
02 Jul, 2026, 01.50 AM IST
'WhatsApp has to worry, not us': Govt warns messaging platform over fraud risks as username feature sparks privacy debateThe recently announced WhatsApp username feature is under scrutiny, amid concerns over impersonation and scams. While WhatsApp claims safeg...
01 Jul, 2026, 03.20 PM IST
NPCI partners with HSBC India & JP Morgan Payments to enable real-time FX settlement for international UPI paymentsIndia's UPI is set for a global upgrade! The National Payments Corporation of India (NPCI) has partnered with HSBC India and J.P. Morgan Pa...
01 Jul, 2026, 01.05 PM IST
Disney pumps Rs 123 crore into JioStar India in fresh FDIWalt Disney's Star Group injected Rs 123 crore into JioStar India via FDI, bolstering the Reliance-Disney joint venture. This follows subst...
01 Jul, 2026, 10.06 AM IST
Worries arise over gaming of WhatsApp usernamesThe feature, expected to roll out later this year, will allow users to connect using usernames instead of sharing their phone numbers. Whil...
01 Jul, 2026, 06.01 AM IST
Banks NPA at multi-decadal low of 1.8%, Indian financial system remains resilient: RBI reportIndia's financial system remains robust, with bank NPAs hitting a multi-decade low of 1.8%. Despite global uncertainties and rising oil pri...
30 Jun, 2026, 10.22 PM IST
RBI flags emerging fault lines in private credit market, calls for close monitoringThe Reserve Bank of India has identified growing concerns within the booming private credit market. The central bank's latest report highli...
30 Jun, 2026, 08.36 PM IST
Indian economy remains exposed to energy price shocks: RBI reportIndia's economy faces potential exchange rate volatility due to rising oil prices and supply chain issues, an RBI report revealed. Despite ...
30 Jun, 2026, 08.04 PM IST
AI-enabled cyberattacks biggest near-term threat to financial system: RBIAI-powered cyberattacks are India's top financial system risk, according to the RBI's latest report. Banks and NBFCs are most concerned abo...
30 Jun, 2026, 05.36 PM IST
RBI flags AI stock boom as financial stability risk, says Indian banks remain resilientIndia's central bank has identified soaring AI stock valuations globally as a financial stability risk, warning of potential market spillov...
30 Jun, 2026, 05.30 PM IST
'This could be a disaster': From Ankur Warikoo to Vijay Shekhar Sharma, why India's startup leaders are worried about Kunal Shah's first move at WhatsAppWhatsApp's new username feature, allowing users to connect without sharing phone numbers, has raised significant concerns about potential i...
30 Jun, 2026, 12.09 PM IST
Former finance services secy Rajiv Kumar named HDFC Bank part-time chairmanKumar (66), a seasoned public policy leader and financial sector reformer, is widely credited with playing a key role in revitalising India...
30 Jun, 2026, 05.29 AM IST