RBI Unveils Capital Adequacy reform, IFR Removal, and Market Deepening Measures
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…
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RBI Holds Repo rates Steady
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,…
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Now banks offer UPI based withdrawal in ATMs
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,…
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RBI Pushes for customer protection in Digital Payments
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…
Read article RBI Signals New Reform Agenda for Banks and NBFCs
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…
Union Budget 2026 — What Banks and Taxpayers Need to Know
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,…
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