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Finance/Fintech

Centre Bars Charges On UPI Transactions Up To Rs 2,000, RuPay Debit Card Payments

Centre Bars Charges On UPI Transactions Up…

New Delhi, Sep 15 (KNN) The Centre has barred banks and payment system providers from imposing direct or indirect charges on…

FM Sitharaman Calls For Faster CBDC Development, Stronger Safeguards As AI, Tokenisation Advance

FM Sitharaman Calls For Faster CBDC Development,…

New Delhi, Sep 12 (KNN) Finance Minister Nirmala Sitharaman on Friday urged the Reserve Bank of India (RBI) to accelerate work…

BRICS Finance Chiefs Raise Concerns Over Unilateral Tariffs, Non-Tariff Measures

BRICS Finance Chiefs Raise Concerns Over Unilateral…

New Delhi, Sep 12 (KNN) BRICS finance ministers and central bank governors have raised ‘serious concerns’ over…

Bankers’ Books Evidence Act 2026 To Come Into Force From Oct 1

Bankers’ Books Evidence Act 2026 To Come…

New Delhi, Sep 11 (KNN) The Bankers’ Books Evidence Act, 2026 will come into force from October 1, 2026, replacing the…

RBI Unveils UPI Tap & Pay, MyUPI With Safety Switch and AI-Powered Customer Support Features

RBI Unveils UPI Tap & Pay, MyUPI…

New Delhi, Sep 11 (KNN) Reserve Bank of India (RBI) Governor Sanjay Malhotra on Thursday unveiled two new UPI features —…

Bank Credit Growth Outpaces NBFCs In July 2026 As Outstanding Bank Credit Stands 3.7 Times Higher: BoB Report

Bank Credit Growth Outpaces NBFCs In July…

New Delhi, Sep 10 (KNN) Outstanding bank credit was 3.7 times that of non-banking financial companies (NBFCs) in July 2026,…

Domestic Bank Credit Growth In India May Ease To 15% By March 2027 From 18% As Base Resets: Jefferies

Domestic Bank Credit Growth In India May…

New Delhi, Sep 9 (KNN) Domestic bank credit growth in India could moderate to 15 per cent by March 2027 from around 18 per…

RBI May Hold Off On Immediate CRR Hike As Surplus Banking Liquidity Expected To Ease Through FY27: UBI Report

RBI May Hold Off On Immediate CRR…

New Delhi, Sep 9 (KNN) The Reserve Bank of India may not need to raise the cash reserve ratio (CRR) in the near term as surplus…

GIFT-IFSC IBUs Sanction USD 54.02 Bn Under FCNR(B) Swap Facility, Disburse USD 52.82 Bn

GIFT-IFSC IBUs Sanction USD 54.02 Bn Under…

New Delhi, Sep 3 (KNN) IFSC Banking Units (IBUs) at GIFT City’s International Financial Services Centre (GIFT-IFSC) have…

No Automatic Data Sharing Between MCA, RBI For Foreign Company Registration: MCA

No Automatic Data Sharing Between MCA, RBI…

New Delhi, Sept 3 (KNN) The Ministry of Corporate Affairs (MCA) has clarified that there is currently no automatic data-sharing…

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