Page 36 - Finance News

RBI proposes easing curbs on current, cash credit, and overdraft accounts

RBI has proposed easing restrictions on operating Current, Cash Credit and Overdraft accounts, giving banks more flexibility in handling accounts of regulated borrowers

RBI to ease risk weights for NBFC infra loans, cut financing costs

It has been proposed to introduce a principle-based framework for assigning risk weights to infrastructure loans given by these entities

RBI examining digital phone locking as loan recovery tool, says governor

In September 2025, it was reported that the RBI is considering allowing lenders to use "device-locking technology" (DLT), by which they can lock the borrowers' smartphone in the case of a default

FM proposes 'Pension Sakhis' to drive NPS growth, launches new scheme

FM Nirmala Sitharaman proposed training women as Pension Sakhis to boost NPS enrolments and launched the Multiple Scheme Framework giving subscribers greater flexibility

UPI transaction down 2% in Sept; IMPS, FASTag, AePS also record decline

UPI transactions fell to 19.63 billion in September though value rose marginally, while IMPS, FASTag, and AePS also recorded declines in both volume and value

Higher-rated banks to pay less premium under RBI's proposed model

RBI has proposed a risk-based deposit insurance premium model from FY27 with the flat rate as the ceiling, lowering costs for stronger banks while improving risk management

RBI to issue draft framework easing ECB norms, widens eligibility scope

RBI will release a draft framework to simplify ECB rules with wider borrower and lender eligibility, relaxed limits, eased reporting, and extended IFSC repatriation timeline

FIU issues notices to 25 offshore crypto platforms for PMLA non-compliance

FIU-IND has flagged 25 offshore crypto platforms for operating in India without PMLA registration and ordered takedown of their apps and URLs under IT Act directions

No proposal to levy charges on UPI transactions, says RBI governor

RBI governor Sanjay Malhotra said UPI transactions will remain free, while the central bank tests an AI-driven fraud detection system to curb risks in digital payments

FACE appoints ex-RBI executive Manoranjan Mishra as independent director

Ex-RBI executive director Manoranjan Mishra has joined FACE as an independent director, bringing decades of regulatory experience to strengthen fintech self-regulation

RBI MPC presser highlights: Low inflation opens up space for monetary policy easing, says governor

RBI MPC Meeting October 2025 highlights: At its last meeting, held from August 4 to 6, the RBI's MPC left the repo rate unchanged at 5.5 per cent; catch all the LIVE updates here

No plan to impose any charges on UPI transactions: RBI Guv Malhotra

RBI Governor Sanjay Malhotra said the central bank is not considering imposing any charges on UPI transactions or the platforms

RBI unveils measures to support exporters amid 50% US tariff impact

The measures include reduced paperwork and compliance burden for small exporters and importers

ECL framework proposed to be implemented from April 1, 2027: RBI Guv

The guidelines are expected to enhance credit risk management practices, promote better comparability of reported financials across institutions, he said

RBI drops 'restriction' on business overlap by banks & group entities

Withdrawal of proposal barring overlap between banks and NBFC subsidiaries offers relief to major lenders

RBI 'enabling framework' to enable banks to finance domestic firms' M&A

Indian banks are barred from such lending, pushing companies to rely on shadow lenders or bonds for financing

RBI to introduce risk-based deposit insurance premiums, says Malhotra

RBI Governor Sanjay Malhotra unveiled 22 steps to strengthen banking resilience, simplify forex rules, enhance credit flow, and push rupee internationalisation alongside deposit insurance reforms

RBI keeps repo rate unchanged at 5.5%, revises GDP forecast to 6.8%

Governor Sanjay Malhotra projects softer inflation from GST cuts and food prices

RBI announces slew of measures to promote internationalisation of rupee

RBI Governor Sanjay Malhotra said permission has been granted to Authorised Dealer banks to lend in Indian Rupees to non-residents from Bhutan, Nepal and Sri Lanka

RBI MPC meet: What stayed the same, what changed in October policy review

RBI's Monetary Policy Committee kept repo rate unchanged at 5.50 per cent; the MPC retained its policy stance as 'neutral'