Subrata Panda

One possible route would be to reduce Tata Sons' relevant asset base below the ₹1 trillion threshold for classification as an upper-layer NBFC, according to a former regulatory official

RBI Deputy Governor S C Murmu says MDR will help the payments ecosystem recover costs, while cash continues to retain a significant role as a store of value

The 0.4 per cent charge on merchant UPI payments above Rs 2,000 could generate up to Rs 20,600 crore annually, but retailers and fuel dealers fear margin pressure and a possible shift towards cash

Earlier, wealth managers were pitching the bonds to high net worth individuals (HNIs) and ultra-HNIs with a minimum investment of Rs 10 crore and yields of up to 17.80 per cent.

The proposal seeks to address the SP Group's liquidity needs without a Tata Sons listing, through the sale of shares held by Cyrus Investments and Sterling Investment.

RBI's latest NBFC FAQs clarify definitions of CICs, principal business and public funds, shedding light on regulatory issues relevant to Tata Sons' failed deregistration bid

Brokerages expect banks to receive the largest share of the levy, while Paytm, Pine Labs and other fintechs could gain from higher transaction-linked revenue annually

NaBFID targets a Rs 5 trillion loan book by 2029-30, backed by a Rs 4 trillion sanctioned pipeline and rising private infrastructure investment

Economists say the rate hike cycle could be shallow, with 50-75 bps hike in the current cycle

Macquarie Research also described the board's move as a decisive step towards settling the leadership question.

This move is likely to prompt other lenders to move forward with their decision to back telco

Rise due to hedging costs on interest, not absorbed by RBI

Banks can hold fraud-linked amounts immediately; customers get 20 days to explain transactions

Order of preference in which two names are submitted to RBI is critical

The bank did not disclose the shortlisted candidates; also, the board inducted Jimmy Tata as executive diretor and said it would add one whole time director position as part of its succession planning

The state-owned lenders are using cheaper foreign-currency funding to meet rupee liquidity needs, extend loans and reduce dependence on high-cost deposits and borrowings

Finance Minister Nirmala Sitharaman calls for stronger AI safeguards, human oversight and regulatory coordination while warning against emerging systemic risks

India's largest lender is developing a solution that will use UPI transaction data as a proxy for sales to extend loans to small businesses outside the GST system

RBI Deputy Governor Shirish Chandra Murmu says regulation should address risks appropriately while allowing responsible innovation and experimentation to scale

Bahrain High Civil Court rejected two investor cases on September 9 after five similar matters were dismissed in July and August, according to HDFC Bank