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AA Edit | Steepest Rate Cut in 5 Years to Boost Demand, Growth

AA Edit | Steepest Rate Cut in 5 Years to Boost Demand, Growth

This is the steepest rate cut since May 2020, when the MPC lowered the rate by 75 basis points to fight the...

7 Jun 2025 12:45 AM IST

RBI Restricts Default Loss Guarantees in Digital Loans

RBI Restricts Default Loss Guarantees in Digital Loans

NBFCs must now fully provision for digital loans despite fintech-backed default guarantees

29 May 2025 1:31 AM IST

Rupee Touches 7 Month High But Closes Weaker on RBI $ Buying

Rupee Touches 7 Month High But Closes Weaker on RBI $ Buying

Rupee hits 7-month high at 83.75 before RBI steps in with dollar buys; ends at 84.51 amid defense payments, volatility...

2 May 2025 10:49 PM IST

AA Edit | SC’s e-KYC Ruling To Benefit All

AA Edit | SC’s e-KYC Ruling To Benefit All

As the process of authenticating digital KYC is skewed against persons with disabilities, and many welfare schemes are...

2 May 2025 12:21 AM IST

RBI Governor tells US Investors: India ideal for investments

RBI Governor tells US Investors: India ideal for investments

Reserve Bank of India (RBI) governor Sanjay Malhotra urged the US industry to invest in India, stating that the country...

27 April 2025 9:59 PM IST

Sanjeev Ahluwalia | Fix Glitches In UPI Fast: National Symbol At Risk

Sanjeev Ahluwalia | Fix Glitches In UPI Fast: National Symbol At Risk

The National Payments Corporation of India (NPCI) manages the UPI platform. It is a non-profit company under Section 8...

20 April 2025 11:39 PM IST

SBI cuts lending and deposit rates

SBI cuts lending and deposit rates

Following the Reserve Bank of India’s (RBI) repo rate cut, the country's largest lender State Bank of India (SBI) has...

15 April 2025 12:33 AM IST

AA Edit | Ensure UPI remains glitch-free

AA Edit | Ensure UPI remains glitch-free

According to estimates, UPI was used to make 65 per cent of digital payments in India. It processed 1,200 crore...

14 April 2025 12:26 AM IST

AA Edit | RBI takes prudent action amid global uncertainties

AA Edit | RBI takes prudent action amid global uncertainties

With the latest 25 basis point rate cut, the repo rate now stands at six per cent, which is two percentage points higher...

11 April 2025 11:12 PM IST

AA Edit | Waive ATM fee for small sums

AA Edit | Waive ATM fee for small sums

Banks sought an increase in ATM fees on the grounds of rising maintenance costs at ATMs

1 April 2025 1:13 AM IST

People stood in long queues outside banks, ATMs.

ATM Transaction Cost to Go Up by Rs 2 to Rs 23 From May 1

The RBI, in its notification, said that the ATM interchange fee—the charge a bank pays to another bank for offering ATM...

29 March 2025 2:15 AM IST

Re Settles to 3 Month High Against Dollar

Re Settles to 3 Month High Against Dollar

Foreign inflows, stable crude prices, and a weaker dollar boost the rupee’s value, marking a solid finish to the...

29 March 2025 1:01 AM IST