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RBI's revocation of Paytm Payments Bank licence raises questions on governance lapses and what it means for One97 Communications' ambition to build a full-stack financial services platform
The RBI has issued final guidelines for transitioning to an Expected Credit Loss (ECL) framework, effective April 1, 2027, largely in line with the earlier draft.
The licence will allow MobiKwik to launch a lending arm, Mobikwik Financial Services, expanding its regulated credit offering
Regulator cites governance concerns; says bank has sufficient liquidity to repay all deposits upon winding up and will approach High Court
In the fortnight, credit contracted by 2.1 per cent or Rs 4.39 trillion, while deposits contracted by 2.2 per cent YoY or Rs 5.81 trillion
Non-banking financial companies seek access to RBI's central fraud registry, arguing that limited access raises fraud risks as lending partnerships with banks deepen
From leadership shifts at the US Federal Reserve and Apple to rupee management, GST rate cuts and climate discourse, today's Opinion page captures key economic and policy debates
War, weak monsoon raise upside risks to inflation
India's outward remittances under LRS surge in February, led by travel and investments, even as education-related spending remains subdued
During the reported month, the RBI bought $21.4 billion, while it sold $13.99 billion. The central bank had net bought $2.53 billion in January
Global shocks from pandemics to wars are reshaping currencies and capital flows, raising questions on RBI's role and India's external stability strategy
Malhotra further highlighted India's continued commitment to regulatory reforms and enhanced ease of access and operations for foreign investors
RBI clears Vivek Tripathi as whole-time director of AU SFB, as the lender gears up for growth and a potential transition to a universal bank
The total outstanding NRI deposits stood at $167.58 billion as of the end of February 2026
The conflict in West Asia has intensified pressures on the global supply chains in March with some easing observed in the first half of April
During the month, the RBI purchased $21.4 billion and sold $13.99 billion. In January, it had net bought $2.5 billion
RBI proposes new PPI norms to tighten risk controls, enable interoperability with UPI and cards, and streamline wallet classification
With moderate growth in sales and rising expenses, operating profit growth slowed to 10.7 per cent in 2024-25 from 22.1 per cent in the previous year
RBI holds rates amid West Asia risks, as MPC flags inflation, supply shocks, and external pressures while maintaining a cautious growth outlook
Accordingly, a draft Master Direction on Prepaid Payment Instruments was issued, and comments were invited by May 22, 2026