The Government of India has been closely working with different stakeholders, including the Reserve Bank of India (RBI), National Payments Corporation of India (NPCI), Fin-techs, Banks and State Governments to increase the adoption rates of digital payments in the country, including in tier-2 and tier-3 cities.

India’s financial institutions are not merely vulnerable to fraud but remain structurally ill-equipped to respond when trust is breached.

The Punjab Government reportedly will raise a loan of INR 8, 500 in three months that is from July to September. The amount is relatively more than of what the government has borrowed in the months of April and May.

The Reserve Bank of India will discontinue its daily Variable Rate Repo (VRR) auctions from June 11, 2025, amid a ₹3 lakh crore liquidity surplus. This marks a shift in the RBI’s strategy toward stabilizing money market rates and signals confidence in current liquidity conditions.

IndusInd Bank is facing a major financial scandal after uncovering accounting fraud and reporting a ₹2,329 crore loss. Senior executives have resigned, and regulatory probes are underway as the bank takes corrective action to restore investor confidence.

The RBI’s working group has recommended extending call money market trading hours to 7 p.m. to align with real-time payment systems. Learn about the proposal, market growth, and its implications for banks and dealers.

From May 1, 2025, banks will apply the revised fee structure for the users of an automated teller machine (ATM) as directed by the Reserve Bank of India (RBI).