UPI Payments Under ₹2,000 Remain Free
Banks cannot impose charges on Unified Payments Interface (UPI) transactions of up to ₹2,000, according to the government, reinforcing the
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BANKING
India Eases Rupee Trade Rules
India has eased rules for rupee-based export payments as part of efforts to expand the use of the domestic currency
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UPI Transaction Growth Slows to 23.5% in FY27
Growth in transactions through India’s Unified Payments Interface (UPI) has moderated during the first four months of FY27, even as
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Lok Sabha Clears Bill Enabling UPI Charges
The Lok Sabha has passed the Taxation and Other Laws (Amendment) Bill, 2026, which includes amendments creating a legal framework
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RBI to Wind Up Paytm Payments Bank
The Reserve Bank of India (RBI) has said that the operations of Paytm Payments Bank Limited (PPBL) will be wound
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Experts Urge National Response to AI-Enabled Cyber Risks in Banking
As artificial intelligence (AI) becomes increasingly integrated into banking operations, experts warn that AI-driven cyber risks could threaten financial stability
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Experts Call for National Response to AI-Related Cyber Risks in Banking
As artificial intelligence (AI) adoption rises in banking, experts warn that AI-driven cyber risks could pose significant threats to financial
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AI Adoption in South African Banks Raises Trust and Consent Concerns
South African banks are facing regulatory warnings concerning the adoption of artificial intelligence (AI) in financial services. Regulators emphasize that
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RBI Set to Release First Bi-Monthly Monetary Policy Statement
The Reserve Bank of India (RBI) is scheduled to announce its first bi-monthly monetary policy statement for the financial year
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SBI Moves to Include All Infrastructure Loans Under Priority Sector
State Bank of India (SBI) has proposed that all infrastructure loans be granted priority sector lending (PSL) status to encourage
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