Category: RBI–Banks
Why UPI needs transaction fees
Read more at:https://economictimes.indiatimes.com/opinion/et-editorial/why-upi-needs-transaction-fees/articleshow/133012802.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst https://economictimes.indiatimes.com/opinion/et-editorial/why-upi-needs-transaction-fees/articleshow/133012802.cms Synopsis A groundbreaking bill has been introduced that permits merchant discount rates on UPI transactions. This innovative change aims to enhance
*RBI weighs adding ‘frictions’ to digital payments to tackle online fraud
The Reserve Bank of India (RBI) is considering introducing additional “frictions” in digital payment systems to curb authorised push payment fraud, in which customers themselves
RBI unlikely to revive FCNR window
Robust forex buffers give RBI room to avoid special scheme. Updated: May 30, 2026 06:56 IST Even though the rupee has approached a critical depreciation threshold,
*RBI explores steps to mobilise dollar inflows amid rising pressure on rupee | Finance News – Business Standard
Clipped from: https://www.business-standard.com/finance/news/rbi-explores-steps-to-mobilise-dollar-inflows-amid-rising-pressure-on-rupee-126050400687_1.html The war between the US, Israel and Iran – now in its third month – has weakened the Indian currency, adding to a
IBA taps tech providers to frame AI-risk checklist for banks – Banking & Finance News | The Financial Express
Clipped from: https://www.financialexpress.com/business/banking-finance/iba-taps-tech-providers-to-frame-ai-risk-checklist-for-banks/4223761/ The Indian Banks’ Association (IBA) is developing a structured checklist to help banks mitigate risks from autonomous and adversarial AI systems. The Indian Bank‘s
*****Banks not probe agencies, can’t freeze accounts arbitrarily: Allahabad HC | India News – Business Standard
Clipped from: https://www.business-standard.com/india-news/banks-not-probe-agencies-can-t-freeze-accounts-arbitrarily-allahabad-hc-126050101082_1.html A division bench of Justice Shekhar B Saraf and Justice Avadhesh Kumar Chaudhary imposed a cost of ₹50,000 on Indian Overseas Bank for
Why experts caution that there could be more pain ahead for the rupee – BusinessToday
Clipped from: https://www.businesstoday.in/magazine/deep-dive/story/why-experts-caution-that-there-could-be-more-pain-ahead-for-the-rupee-527827-2026-04-28 The rupee may have recovered from its record low of 95 to the dollar, but experts caution that there could be more pain