Category: RBI–Banks
*****‘AI new way of running a bank’: RBI Governor Sanjay Malhotra outlines governance roadmap, flags 7 AI risks
Reserve Bank of India (RBI) Governor Sanjay Malhotra has urged Indian banks to embrace artificial intelligence (AI) as a major tool to transform lending, financial inclusion, customer service, operational efficiency
India is scanning more and withdrawing less as digital payments take over
Read more at:https://economictimes.indiatimes.com/industry/banking/finance/india-is-scanning-more-and-withdrawing-less-as-digital-payments-take-over/articleshow/133132711.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst India’s payments network is shifting towards software-based channels, with UPI QR codes and online card transactions growing while ATMs and other hardware-based
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,
