Latest News, Updates & Breaking Headlines
Reserve Bank of India Governor Sanjay Malhotra on Monday unveiled the National Strategy for Financial Inclusion (NSFI) 2025-30, aimed at expanding financial access and usage across India over the next five years. The strategy promotes a holistic, ecosystem-based approach to improve the quality, reach, and consistency of last-mile financial services. Objectives focus on women, households,…
MUMBAI: An arm of the National Payments Corporation of India has launched a platform that promises the RBI far greater oversight of net banking transactions, including payments linked to crypto or gaming.NPCI Bharat BillPay Limited has rolled out Banking Connect, an interoperable system that allows any merchant integrated through a payment aggregator to receive payments…
The All India Consumer Food Price Index (CFPI) saw a year-on-year inflation rate of -5.02% (Provisional) for October 2025 versus October 2024. (AI image) October retail inflation FY 2025-26: The Consumer Price Index (CPI) inflation for the month of October dropped to a 10-year low of 0.25% according to government data. This is a reduction…
Sovereign Gold Bond investors are in for hefty gains as the Reserve Bank of India (RBI) has fixed the premature redemption price for the 2020-21 Series-I at Rs 12,198 per gram, marking a 166% rise from the original issue price of Rs 4,589.The redemption option opens five years after issue, on an interest payment date,…
MUMBAI: The Reserve Bank of India (RBI) has set about easing lending norms while tightening its financial oversight. Its latest rules promise cheaper and more flexible loans for borrowers, wider access to credit against gold, and easier capital-raising avenues for banks. Draft proposals, meanwhile, would extend repayment terms, sharpen exposure limits and quicken credit reporting—measures…
MUMBAI: RBI is expected to keep policy rates unchanged in its three-day monetary policy committee meet that starts on Monday. Most economists cite resilient growth, benign inflation and external uncertainties as reasons for a pause, even as the tone of RBI’s guidance is likely to be more dovish than the action itself. Some economists, however,…
