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…
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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…
Read article RBI Maintains Repo Rate After Budget Announcement
The Monetary Policy Committee (MPC) met on the 4th, 5th and 6th of February to deliberate and decide on the policy repo rate. After a detailed assessment of theevolving macroeconomic conditions and the outlook, the MPC voted unanimously to keep the policy repo rate unchanged at 5.25 per cent; consequently, the standing deposit facility (SDF)…
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Subsidiary vs Sister vs Associate vs JV vs Conglomerate: Key Corporate Structures Explained
Overview These terms describe different forms of corporate relationships that are particularly relevant in the banking and financial sector for regulatory compliance, risk management, and consolidated financial reporting under the Companies Act, 2013 and RBI guidelines. Each structure differs in terms of ownership, control, liability, and financial reporting treatment. A clear understanding of these distinctions…
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Union Budget 2026: How the TCS Reduction Benefits Students
Finance Minister Nirmala Sitharaman, while presenting the Union Budget 2026, announced a reduction in the Tax Collected at Source (TCS) rate on education-related remittances under the Liberalised Remittance Scheme (LRS). The TCS rate has been lowered from 5 per cent to 2 per cent, offering meaningful financial relief to students and families funding education and…
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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