The Reserve Bank of India’s final guidelines on financial services activities of commercial banks have eased reorganisation requirements for major bank groups while tightening compliance obligations. Crisil Ratings...
A recent International Monetary Fund assessment has recognised India’s Unified Payments Interface as the world’s largest retail fast-payment system by transaction volume. The finding highlights India’s rise as...
The Reserve Bank of India has undertaken a major liquidity infusion, purchasing government securities worth ₹50,000 crore through an Open Market Operation on Thursday. The move aims to...
The Reserve Bank of India has reaffirmed State Bank of India, HDFC Bank and ICICI Bank as the country’s most systemically important lenders. Their designation as Domestic Systemically...
The government has introduced a new Credit Assessment Model (CAM) to streamline loan appraisal for Micro, Small and Medium Enterprises. The digital-first framework marks a major step towards...
The Reserve Bank of India has released a comprehensive roadmap designed to strengthen financial inclusion from 2025 to 2030. The new strategy outlines an ecosystem-based approach to expand...
Consumer grievances lodged under the Reserve Bank of India’s ombudsman framework rose notably in FY25, reflecting growing dissatisfaction with services offered by banks and financial institutions. The central...
The Comptroller and Auditor General of India has announced the creation of a Centre of Excellence for Financial Audit in Hyderabad. The initiative aims to modernise public auditing...
HDFC Bank has been named India’s most valuable brand in the latest Kantar BrandZ rankings, reflecting the growing influence of financial and technology-led enterprises in shaping the country’s...
PayU has received authorisation from the Reserve Bank of India to function as a payment aggregator across online, offline and cross-border channels. The approval expands the company’s operational...
