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The RBI on Friday kept the policy repo rate unchanged at 5.25 per cent and retained a neutral stance, citing controlled inflation and a favourable growth outlook. The MPC said it is assessing global headwinds while allowing earlier rate cuts to transmit.

The RBI has warned that Telangana’s rising debt and fiscal deficit could make the State’s finances vulnerable. Reliance on market borrowings, weak sinking fund reserves, and slower revenue growth have raised concerns about long-term sustainability and repayment capacity.

The rupee appreciated 3 paise to 89.95 against the US dollar in early trade, supported by a weaker greenback and strong IIP data. However, foreign fund outflows, higher crude prices and weak equities limited further gains

Indian equities opened higher as Sensex and Nifty tracked firm global cues and steady DII buying. RBI’s Rs 2 lakh crore liquidity infusion via OMO and swaps boosted sentiment, though FII selling capped gains amid consolidation in early trade Wednesday

The RBI has allowed compounding of Genpact India’s FEMA case, ending litigation with a one-time payment of Rs 4.72 lakh. The ED confirmed the closure, emphasizing the policy of promoting ease of doing business and avoiding frivolous litigation

Paytm Payments Services Limited (PPSL), a One97 Communications subsidiary, received RBI approval to operate as a Payment Aggregator for offline and cross-border transactions, complementing its existing online aggregation license, enabling end-to-end payment solutions for merchants

The rupee fell 9 paise to a record low of 90.58 against the US dollar amid uncertainty over an India US trade deal and sustained foreign fund outflows. Weak equities and cautious investor sentiment added pressure on the domestic currency

The Centre has introduced regulatory relaxations and enhanced credit access to support MSME growth. Measures include BIS exemptions under quality norms, RBI-mandated loan benchmarking, credit guarantees and collateral-free lending to ease compliance and boost expansion

The RBI and Hyderabad Cybercrime Police have issued alerts warning citizens about fake messages claiming to help recover unclaimed deposits. Officials stressed that only the UDGAM portal should be used and urged the public not to click suspicious links or share personal details.

Airpay Payment Services has received RBI approval to operate as a cross border payment aggregator, completing its unified PA framework licences. The company will offer full stack payment solutions domestically and globally, expecting strong growth in processing volumes, revenues and merchant onboarding

The RBI’s latest policy decisions signal confidence in India’s strong economic outlook, with GDP growth for FY26 revised to 7.3 per cent. SBI Chairman CS Setty said the rate cut, neutral stance, and liquidity steps will support momentum while ensuring price stability

Chief Economic Advisor V Anantha Nageswaran said the government is unconcerned about the rupee’s fall, noting it has not affected inflation or exports. Analysts say the currency may stabilise once the India-US trade deal is finalised

The Supreme Court has transferred the nationwide ‘digital arrest’ scam investigation to the CBI, directing it to probe all related cases. The court sought assistance from RBI and DoT on fraud detection, SIM regulation and AI-based monitoring while urging swift cybercrime infrastructure upgrades

Indian banking is transforming rapidly as digital innovation replaces traditional services — the winners will be banks that balance trust with technology

The Hyderabad Police have issued an advisory warning citizens against ‘digital arrest’ scams. Fraudsters posing as police or government officials extort money by threatening victims with fake cases. Officials urged the public to stay alert and report such incidents immediately.

According to RBI data, Rs 2,000 denomination banknotes worth Rs 5,817 crore remain in circulation. Since their withdrawal announcement in May 2023, 98.37 per cent of the notes have been returned. The Rs 2,000 notes continue to be legal tender, the RBI clarified.

Cobrapost has alleged that Anil Ambani’s Reliance Group diverted over Rs 41,900 crore through shell entities and offshore firms. The conglomerate dismissed the charges as an agenda-driven campaign aimed at manipulating stock prices and acquiring its assets cheaply

The Reserve Bank of India has proposed allowing banks to finance Indian companies for domestic or overseas acquisitions. The draft sets eligibility criteria, financing limits, and safeguards, aiming to promote strategic investments while ensuring responsible lending practices

From November 1, 2025, bank customers can nominate up to four persons in their accounts, either simultaneously or successively. The Banking Laws (Amendment) Act, 2025, aims to ensure transparency, uniformity, and efficient claim settlement across all banks

The rupee gained 21 paise to 87.75 against the US dollar on Friday, supported by foreign fund inflows, a softer greenback, and likely RBI intervention. Analysts expect further appreciation as investor sentiment improves and crude prices remain low.