Latest banking updates, in-depth research articles, operational procedures, and scheme explainers — for professionals and informed customers.
The Monetary Policy Committee (MPC) met on the 3rd, 4th and 5th of June to deliberate and decide on the policy repo rate. After a detailed assessment of the evolving macroeconomic and financial developments and the outlook, the MPC voted unanimously to keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at…
In its Press Release dated April 8, 2026, the Reserve Bank of India (RBI) outlined a series of significant developmental and regulatory policy measures aimed at enhancing efficiency, reducing compliance burdens, and strengthening the financial ecosystem. Below is a structured overview of the key announcements: I. Banking Regulation 1. Relaxation in CRAR Computation Norms The…
The Monetary Policy Committee (MPC) met on April 6, 7, and 8 to deliberate on the policy repo rate. After a detailed assessment of evolving macroeconomic and financial conditions, as well as the broader outlook, the MPC unanimously decided to keep the policy repo rate under the Liquidity Adjustment Facility (LAF) unchanged at 5.25%. Accordingly,…
India’s ATMs are evolving rapidly to ensure uninterrupted service amid power challenges. Combining Uninterrupted Power Supply (UPS) technology with NPCI’s Interoperable Cardless Cash Withdrawal (ICCW)—UPI-based ATM withdrawals—banks now offer cardless cash access even during blackouts. Launched in 2020 and scaled by 2025, ICCW lets users withdraw via apps like Google Pay, PhonePe, Paytm, or BHIM,…
In its Statement on Developmental and Regulatory Policies released on February 6, 2026, the Reserve Bank of India (RBI) has outlined targeted measures to fortify the payments ecosystem amid surging digital transaction volumes. A standout initiative is the forthcoming Discussion Paper titled Exploring Safeguards in Digital Payments to Curb Frauds. This move underscores RBI’s commitment…
The Reserve Bank of India (RBI) released its Statement on Developmental and Regulatory Policies on February 6, 2026, outlining several proactive measures to strengthen customer protection, harmonize regulations, and enhance operational flexibility for regulated entities (REs). These initiatives address critical areas like mis-selling, loan recovery, digital fraud, and lending norms, with draft instructions set for…
Date presented: 1 February 2026Presented by: Finance Minister Nirmala SitharamanContext: The Union Budget 2026 🇮🇳 continues India’s efforts to sustain growth amid global economic pressures, while balancing fiscal prudence and long-term tax reforms. 📊 Overview: Growth, Deficit and Fiscal Strategy The government maintained a focus on macro-economic stability. With strong infrastructure spending and targeted incentives,…
India’s Union Budget 2026, presented by Finance Minister Nirmala Sitharaman on February 1, 2026, emphasizes financial sector reforms under the Viksit Bharat vision. It highlights the banking system’s strong balance sheets and profitability while announcing measures to enhance efficiency, inclusion, and growth. High-Level Banking Committee The budget proposes a high-level committee to review the banking…
Applicability and coverage Core prudential eligibility conditions Before declaring any dividend or remitting profits, a bank must satisfy all of the following prudential conditions: Ceiling on payout and CET1‑linked matrix The Directions propose a graded matrix that caps the maximum dividend payout ratio at 75% of PAT, with the actual permissible percentage linked to…
Background: PML Rules and Name Change The Prevention of Money-laundering (Maintenance of Records) Rules, 2005 define what constitutes an officially valid document (OVD) for KYC purposes. To ease difficulties faced by individuals whose names change after marriage or otherwise, the Government notified the Prevention of Money-laundering (Maintenance of Records) Third Amendment Rules, 2015 (G.S.R. 730(E)…
The Reserve Bank of India (RBI) has released its annual publication, the Report on Trend and Progress of Banking in India 2024-25, under Section 36(2) of the Banking Regulation Act, 1949. This flagship report provides an extensive overview of the performance and resilience of India’s banking and financial system—covering scheduled commercial banks (SCBs), co-operative banks,…
Bank holidays play a crucial role in the smooth functioning of banking operations, financial planning, and customer convenience. In India, bank holidays are notified under the provisions of the Negotiable Instruments Act, 1881, and vary across States and Union Territories depending on local festivals, regional observances, and government notifications. To help bankers, professionals, businesses, and…
