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Monday, November 17, 2025

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Explore breaking news, market trends, regulatory updates, and industry analysis.

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PMAY 2.0 Drives Digital Payments, Enhances Financial Inclusion for Low-Income Borrowers: SBI Research

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The Pradhan Mantri Awas Yojana–Urban 2.0 (PMAY-U 2.0) is transforming India’s housing and financial landscape, according to SBI Research. Beyond enabling affordable home ownership...
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India Emerging as a Global AI Leader, Thanks to Visionary Policies: FM Nirmala Sitharaman

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Finance Minister Nirmala Sitharaman highlighted India’s strong foundation for innovation and technology-driven growth at AI Bharat Shakti, the pre-summit event for the India AI...
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The Banking Laws (Amendment) Act, 2025

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Taking effect from August 1, 2025, the Banking Laws (Amendment) Act brings sweeping governance improvements to India’s financial institutions. This legislation enhances depositor protection, raises...
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PSU Banks to Drive Vision ‘Viksit Bharat 2047’

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Public sector banks (PSBs) are set to play a crucial role in India’s ambition to become a developed nation by 2047, according to the...
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RBI Governor Flags Cost Concerns in UPI Ecosystem, Questions Long-Term Viability of No-Fee Model

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Reserve Bank of India (RBI) Governor Sanjay Malhotra on Thursday reiterated that while the Unified Payments Interface (UPI) continues to be a no-cost service...
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RBI Grants ‘In-Principle’ Nod to AU Small Finance Bank to Transition into Universal Bank

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The Reserve Bank of India (RBI) has granted ‘in-principle’ approval to AU Small Finance Bank Ltd (AUSFB) for transitioning into a universal bank, marking...
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NABARD and RBI Promote Rural Financial Literacy through Various Initiatives; 2,421 Centres for Financial Literacy Set up Nationwide

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National Bank for Agriculture and Rural Development (NABARD) and Reserve Bank of India (RBI) have undertaken various interventions to promote financial literacy and awareness...
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RBI Proposes New Unified Eligibility Norms for Urban Cooperative Banks

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The Reserve Bank of India (RBI) has released a draft master circular proposing a unified eligibility framework for Urban Cooperative Banks (UCBs), aimed at...
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UPI to See New Rules from August 1: Key Changes on Balance Checks, Auto-Debits, and Access Limits

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To enhance the stability and efficiency of digital payments, the National Payments Corporation of India (NPCI) has announced a set of regulatory changes to...
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RBI Deputy Governor Warns Against Unethical Practices in Banks and NBFCs Amid Rising Competitive Pressures

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Swaminathan J, Deputy Governor of the Reserve Bank of India (RBI), has raised serious concerns over the increasing tendency among certain banks and non-banking...
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