PwC find ₹2,200 crore lapses in IndusInd bank
In a massive disclosure that has sent shockwaves through India’s financial sector, a confidential review conducted by PricewaterhouseCoopers (PwC) has…
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Category: Fintech & Banking
Banking, RBI, UPI, payments and fintech news.
RBI keeps repo rate steady at 5.25%
Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) has unanimously voted to keep the policy repo rate unchanged at…
RBI ease rules for NRIs to invest in India
In a major move to attract foreign capital and deepen retail participation from the Indian diaspora, the Reserve Bank of…
Govt plan to raise deposit insurance limit from ₹5L to ₹7.5L
The Union Ministry of Finance, alongside the Reserve Bank of India (RBI), is advancing a strategic plan to raise India’s…
AMFI bans Stable Money from distributing mutual funds for 6 months
In a significant development for India’s wealthtech sector, the Association of Mutual Funds in India (AMFI) has suspended the mutual…
Whistleblower files complaint against IndusInd Bank
Escalcating regulatory scrutiny on India’s private banking sector, shares of IndusInd Bank slid more than 3% following explosive media revelations…
RBI workforce fell by 2.2% in 2025
Reversing a half-decade trend of steady headcount expansion, the Reserve Bank of India’s (RBI) total staff strength declined by 2.2%…
RBI income rise 26% to ₹4.3 lakh cr in FY26
Reserve Bank of India (RBI) registered an exceptional financial cycle for the fiscal year 2025–26, with its total gross income…
Govt, RBI plans to introduce plastic notes
In a major structural step aimed at transforming physical currency logistics, the Government of India and the Reserve Bank of…
New gold loans rise 115% to ₹7.6L cr Q4FY26
In a major structural shift across India’s retail lending landscape, gold-backed credit has emerged as the undisputed engine of retail…