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Diwali Bank Holidays 2025: Are Banks Open Today On Govardhan Pooja? Here's What RBI Calendar Says
Bank Holiday Today: An important point to be noted here is that online banking and digital payment services will continue to function normally.
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US Tariffs Not A Matter Of Huge Concern For India's Growth: RBI Governor
India has recorded phenomenal growth with over 8 per cent projections in the past year amid unprecedented global uncertainties, RBI Governor Sanjay Malhotra said at the International Monetary Fund's (IMF) annual meeting on Wednesday.
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'India Proved Doubters Wrong...': IMF Chief's Praise In Global Economy Meet
IMF chief Kristalina Georgieva praised India's 'bold economic and structural reforms' - from revised direct and indirect tax laws to the mass rollout of a digital payments ecosystem - on the first day of a meeting of world financial leaders.
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Family Finds Rs 2 Lakh Hidden in Old DTH Box During Diwali 'Safai'
A Reddit user has revealed how the Diwali Safai helped them unearth a hidden treasure worth Rs 2 lakh.
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"Build For Inclusion": RBI Governor Urges Fintechs To Focus On Underserved Sections
Reserve Bank Governor Sanjay Malhotra on Wednesday exhorted the fledgling fintech ecosystem to focus on the underserved sections of the society to deepen financial inclusion.
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How to Use Biometric Authentication for UPI Payments in India: A Step-by-Step Guide
NPCI and RBI announced biometric and wearable glass-based authentication for UPI in India. Users can now verify payments via fingerprint or face unlock instead of a PIN, with Aadhaar-linked data and an initial Rs. 5,000 limit. The system aims to enhance convenience and security, especially for seniors. However, experts caution against accidental pa...
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NPCI Enhances UPI Payments with Biometric, Wearable Glass Verification
NPCI and RBI unveiled several initiatives to advance India’s digital payments ecosystem on Tuesday. NPCI launched on-device biometric authentication for UPI, allowing fingerprint or face unlock for transactions up to Rs. 5,000, and Aadhaar-based face authentication for setting or resetting UPI PINs. UPI Lite now supports payments via wearable sma...
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RBI to Introduce Pilot for Deposit Tokenisation Using CBDC Layer: Report
The Reserve Bank of India is set to begin a pilot for deposit tokenisation, leveraging the wholesale CBDC as its base. The initiative will test blockchain-based deposits for improved speed, security, and transparency in regulated financial markets. Officials also plan to explore tokenising money market instruments, including commercial papers, as p...
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Banks To Clear Cheques On Same Day From Tomorrow: RBI
Private banks, including HDFC Bank and ICICI Bank, have informed that they will start same-day cheque clearance from October 4, following the Reserve Bank of India's (RBI) updated settlement framework for quicker and more secure payments.
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Rs 2000 Notes Worth Rs 5,884 Crore Still In Circulation, Says RBI
The high-value Rs 2000 notes worth Rs 5,884 crore are still in circulation, according to official data released on Wednesday.
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RBI Governor Says No Proposal To Levy Charges On UPI Transactions
Reserve Bank Governor Sanjay Malhotra on Wednesday said there is no proposal to levy any charge on UPI transactions.
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RBI To Allow Banks To Fund Merger, Acquisition Activity By Indian Corporates
In a bid to improve credit flow, the Reserve Bank on Wednesday said it would provide an enabling framework for Indian banks to finance acquisitions by Indian corporates.
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Bitcoin Holds Firm as Crypto Traders Look to Seasonal ‘Uptober’ Rally
The crypto market steadied on October 1, with Bitcoin holding above $114,000 and Ethereum near $4,140. Analysts said October, often called ‘Uptober’, could provide bullish momentum, though macro risks like the US government shutdown and RBI policy remain in focus. Altcoins, including Solana, Binance Coin, and Dogecoin, showed mixed moves.
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RBI Raises IPO Loan Limit To Rs 25 Lakh, Eases Lending Rules For Banks
The Reserve Bank of India (RBI) on Wednesday announced a major set of changes to make bank credit more accessible for companies and individuals.
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RBI Raises India's GDP Growth Forecast To 6.8% For 2025-26
The RBI has raised its projection of India's GDP growth rate to 6.8 per cent for 2025-26 from 6.5 per cent earlier.
-
Diwali Bank Holidays 2025: Are Banks Open Today On Govardhan Pooja? Here's What RBI Calendar Says
Bank Holiday Today: An important point to be noted here is that online banking and digital payment services will continue to function normally.
-
US Tariffs Not A Matter Of Huge Concern For India's Growth: RBI Governor
India has recorded phenomenal growth with over 8 per cent projections in the past year amid unprecedented global uncertainties, RBI Governor Sanjay Malhotra said at the International Monetary Fund's (IMF) annual meeting on Wednesday.
-
'India Proved Doubters Wrong...': IMF Chief's Praise In Global Economy Meet
IMF chief Kristalina Georgieva praised India's 'bold economic and structural reforms' - from revised direct and indirect tax laws to the mass rollout of a digital payments ecosystem - on the first day of a meeting of world financial leaders.
-
Family Finds Rs 2 Lakh Hidden in Old DTH Box During Diwali 'Safai'
A Reddit user has revealed how the Diwali Safai helped them unearth a hidden treasure worth Rs 2 lakh.
-
"Build For Inclusion": RBI Governor Urges Fintechs To Focus On Underserved Sections
Reserve Bank Governor Sanjay Malhotra on Wednesday exhorted the fledgling fintech ecosystem to focus on the underserved sections of the society to deepen financial inclusion.
-
How to Use Biometric Authentication for UPI Payments in India: A Step-by-Step Guide
NPCI and RBI announced biometric and wearable glass-based authentication for UPI in India. Users can now verify payments via fingerprint or face unlock instead of a PIN, with Aadhaar-linked data and an initial Rs. 5,000 limit. The system aims to enhance convenience and security, especially for seniors. However, experts caution against accidental pa...
-
NPCI Enhances UPI Payments with Biometric, Wearable Glass Verification
NPCI and RBI unveiled several initiatives to advance India’s digital payments ecosystem on Tuesday. NPCI launched on-device biometric authentication for UPI, allowing fingerprint or face unlock for transactions up to Rs. 5,000, and Aadhaar-based face authentication for setting or resetting UPI PINs. UPI Lite now supports payments via wearable sma...
-
RBI to Introduce Pilot for Deposit Tokenisation Using CBDC Layer: Report
The Reserve Bank of India is set to begin a pilot for deposit tokenisation, leveraging the wholesale CBDC as its base. The initiative will test blockchain-based deposits for improved speed, security, and transparency in regulated financial markets. Officials also plan to explore tokenising money market instruments, including commercial papers, as p...
-
Banks To Clear Cheques On Same Day From Tomorrow: RBI
Private banks, including HDFC Bank and ICICI Bank, have informed that they will start same-day cheque clearance from October 4, following the Reserve Bank of India's (RBI) updated settlement framework for quicker and more secure payments.
-
Rs 2000 Notes Worth Rs 5,884 Crore Still In Circulation, Says RBI
The high-value Rs 2000 notes worth Rs 5,884 crore are still in circulation, according to official data released on Wednesday.
-
RBI Governor Says No Proposal To Levy Charges On UPI Transactions
Reserve Bank Governor Sanjay Malhotra on Wednesday said there is no proposal to levy any charge on UPI transactions.
-
RBI To Allow Banks To Fund Merger, Acquisition Activity By Indian Corporates
In a bid to improve credit flow, the Reserve Bank on Wednesday said it would provide an enabling framework for Indian banks to finance acquisitions by Indian corporates.
-
Bitcoin Holds Firm as Crypto Traders Look to Seasonal ‘Uptober’ Rally
The crypto market steadied on October 1, with Bitcoin holding above $114,000 and Ethereum near $4,140. Analysts said October, often called ‘Uptober’, could provide bullish momentum, though macro risks like the US government shutdown and RBI policy remain in focus. Altcoins, including Solana, Binance Coin, and Dogecoin, showed mixed moves.
-
RBI Raises IPO Loan Limit To Rs 25 Lakh, Eases Lending Rules For Banks
The Reserve Bank of India (RBI) on Wednesday announced a major set of changes to make bank credit more accessible for companies and individuals.
-
RBI Raises India's GDP Growth Forecast To 6.8% For 2025-26
The RBI has raised its projection of India's GDP growth rate to 6.8 per cent for 2025-26 from 6.5 per cent earlier.
