Page 87 - Finance News

Fake ₹500 notes at six-year high in FY25, ₹2000 counterfeits fall: RBI

The number of counterfeit notes below ₹200 denomination also rose by 13.9 per cent YoY to 32,600 pieces

UPI's contribution to payments ecosystem volume grows to 83.4% in FY25

UPI recorded 185.8 billion transactions in FY25, up 41.7% from FY24, with India's digital payments now accounting for 99.9% of non-cash retail payments, according to RBI data

RBI balance sheet grows 8.2% to ₹76.25 trillion in FY25, surplus up 27%

RBI's balance sheet grew to ₹76.25 trillion in FY25 with a record ₹2.69 trillion surplus and higher gold, domestic and foreign investments; gold holding rose 57.48 tonnes

Net household financial savings rebound, India to lead growth in FY26: RBI

"The benign inflation outlook and moderate growth warrant monetary policy to be growth-supportive while remaining watchful about the rapidly evolving global macroeconomic conditions," it said

Reserve Bank of India lens on payment fintechs over misclassified merchants

Several payment aggregators are said to have misclassified merchants, typically in the retail category, under utility - a segment that traditionally draws lower interchange rates

Bank fraud cases fell in FY25, amount rose threefold to ₹36,014 cr: RBI

Most cases in digital payments involved ₹520 crore, says regulator in annual report

FPIs' investment in corporate bonds rises 11.4% in FY25: RBI report

Primary corporate bond issuances during the year rose by 16.1 per cent to ₹9.9 trillion, up from ₹8.6 trillion in 2023-24

India Inc needs scheme like Vivaad se Vishwas, says Sunil Bharti Mittal

Says government must launch Vivad se Vishwas scheme for corporates to release locked funds, backs a uniform 25% tax rate and 'one nation, one election' for economic efficiency

Almost-universal UPI usability in 15-29 age group in India, finds survey

The study found that about 85.5% of Indian households have at least one smartphone, while 86.3% have access to the internet within the home

Govt set to relax rules under Advance Authorisation scheme for exporters

Exporters may soon be eligible for Advance Authorisation benefits even if goods are shipped before licence issue, provided the Bill of Entry is filed after the licence date

India VC deals rise 19%, funding up 20% in early 2025: GlobalData

India's VC ecosystem grew strongly in early 2025 with deal volumes up 19% and funding up 20%, bucking the global trend of slowdown in markets like China and the UK

Rupee slips for third straight day on Trump tariff ruling; ends at 85.52/$

Indian Rupee today: The domestic currency closed 16 paise weaker at 85.52 against the US dollar, after ending at 85.36 on Wednesday

Corp bond secondary mkt daily turnover grows around 2K-cr in FY25: RBI

Corporate bond yields declined in FY25 but lagged G-sec yields, widening spreads; private placements led issuances and FPI limit usage dipped slightly, shows the RBI report

Disinflation path clouded by geopolitical, trade, weather volatility: RBI

CPI inflation dropped to 3.16% in April 2025, its lowest since July 2019, but the RBI warns of uncertainties from global conflicts, trade shifts and weather conditions

RBI to continue with supervisory measures for early risk identification

The central bank would also focus on enhancing cyber resilience and capabilities of Supervised Entities (SEs) by implementing the recommendations of the inter-regulatory Working Group

Currency printing expenditure rises 25% to ₹6,372.8 cr in FY25: RBI

The value and volume of banknotes in circulation increased by 6 per cent and 5.6 per cent, respectively, during 2024-25

RBI's net income rises 27.5% to ₹2.69 trillion in FY25 on forex gains

The size of the RBI's balance sheet increased by 8.2 per cent to Rs 76.25 trillion

Greater confidence of inflation aligning with target over 12 months: RBI

Central bank's outlook for the Indian economy remains promising in 2025-26, supported by revival in consumption demand, government capex

Rupee slips as tariff ruling lifts dollar; opens 16 paise lower at 85.52/$

Indian Rupee today: The domestic currency opened 16 paise weaker at 85.52 against the US dollar, after ending at 85.36 on Wednesday

RBI to cut rates by 25 bps on June 6, then once more in August: Poll

Rates could drop more than what economists are currently expecting if a trade deal with the US fails to materialise