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The BFS frontline staff face a perfect storm: attrition at historic highs, stagnant wages, and rising pressures from digital shift. Time RBI created a Productivity and Attrition Task Force for them

Move also removes restriction on Paytm Payments Services Limited from onboarding new merchants which was imposed on the company on November 25, 2022

Telangana Congress government has borrowed over 59% of its annual target in under five months. Experts warn this early borrowing surge could limit financial flexibility amid concerns over lack of new projects

RBI Governor Sanjay Malhotra said banks can decide savings account minimum balances, after ICICI Bank raised requirements up to Rs 50,000 for new customers in metros, while penalties and deposit charges also increased, contrasting with SBI’s zero-balance policy

The RBI has proposed standardised forms and uniform procedures for settling claims related to deceased customers’ accounts and lockers within 15 days, including compensation for delays, to streamline processes and improve customer service across all banks

RBI Governor Sanjay Malhotra dismissed US President Donald Trump's "dead economy" jibe, asserting that India is doing well and contributing 18% to global growth—more than the US. Inflation won't be impacted by potential oil-related sanctions, he added

RBI Governor Sanjay Malhotra assured that the central bank will continue to take necessary steps to support India’s economic growth amid global trade uncertainties. He also expressed optimism about an amicable resolution to ongoing trade negotiations

The Reserve Bank of India is expected to maintain the status quo on repo rates in the August 6 MPC meet, as per HSBC Global Investment Research. The report projects 7 per cent GDP growth in upcoming quarters despite inflation and corporate margin pressures

With multilateralism slowing, India is pursuing new trade pacts, including with the US and EU. Nearly 95 per cent of Indian farm goods will get duty-free UK access

India’s economy has tripled in a decade, with 6.5 per cent GDP growth in 2024–25 and easing inflation. Strong domestic demand, stable investment, and global confidence are fueling momentum. CPI inflation hit a six-year low, and markets remain resilient and optimistic

The fraudster, appearing in police uniform over video calls, informed the complainant that a money laundering case had been registered against him, and that his bank accounts would soon be frozen.

The RBI has adviced banks to use DoT’s new FRI system, which flags risky mobile numbers linked to fraud. This helps banks stop suspicious transactions quickly and protect users, making digital payments in India safer and more secure

Banks regularly ask customers to update their KYC as per RBI guidelines, which categorise accounts by risk level. Union Bank of India has launched a mega campaign across Telangana, offering multiple modes—online and offline—to help customers update their KYC seamlessly

Telangana will raise Rs. 12,000 crore through market borrowings in July–September, pushing total borrowings to Rs. 29,400 crore for the first half of 2025–26. Experts warn repeated overshooting without matching revenue growth may impact financial stability.

India's central bank and top lenders are collaborating on a Digital Payment Intelligence Platform to combat rising digital fraud. The initiative, expected to go live soon, will use real-time data and AI to enhance payment security across the banking ecosystem

RBI’s updated gold loan regulations are set to transform lending practices, with S&P Global Ratings noting that agile lenders stand to benefit. Key changes include stricter LTV calculations and mandatory cash flow-based appraisals, posing operational and compliance challenges for NBFCs

Wholesale inflation fell to 0.39% in May due to lower food and fuel prices. However, rising crude oil prices and monsoon delays may push inflation up slightly in June. Retail inflation remains low, supporting RBI’s recent interest rate cut

Set to borrow Rs 17,400 cr in first quarter of 2025-26, surpassing budget projections. Despite initial plans for Rs 14,000 cr, the additional borrowings raise concerns about fiscal sustainability and the rising burden of long-term debt

"The President has appointed T Rabi Sankar, Deputy Governor, Reserve Bank of India (RBI), as a part-time Member of the 16th Finance Commission (XVIFC)," the ministry said

Shares of IndusInd Bank rose as much as 5.3 per cent on Friday, after the Reserve Bank of India (RBI) said the problems at the private sector lender are likely to settle soon