The Hindu Businessline

The proposed framework sets out timelines for banks to identify suspicious transactions, notify customers, examine explanations and remove debit holds

Collaboration aims to support a more integrated and customer-centric digital payments environment

For fintechs, the developments could mean that competition will increasingly move beyond payment processing and towards the quality of the overall customer and merchant experience

CPI inflation showing incipient signs of generalisation and global bond yields inching past decadal highs.

In FY 2025-26, UPI processed about 24,162 crore transactions worth about 314 lakh crore around 85 per cent of Indias digital payment transactions by volume

Finance Minister calls for stronger global safeguards and greater accountability as agentic AI systems gain real-world influence

India's banking system is flush with surplus cash after lenders raised a much larger-than-expected $127 billion under the RBI's special forex mobilisation scheme

The Latest Fixed Deposit Interest Rates: Sep 11, 2026

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The three-way integration connects Suryodays deposit products, SprintMoneys Financial Marketplace technology, and Hitachis ATM infrastructure

The shift comes against the backdrop of nearly 590 million PMJDY accounts , more than 54% per cent of which are held by women, with a large proportion of customers coming from Tier-3 tier 3 and tier 4 Tier-4 areas, according Rama Mohan Rao Amara, while speaking at the Global Fintech Fest 2026 in Mumbai on Friday

The growing interest is partly driven by GIFT Citys unified regulatory architecture, which allows payment companies to serve multiple financial-services businesses without having to navigate separate regulators, said IFSCA executive director Dipesh Shah

Launch comes against backdrop of rising digital payment fraud in India, which crossed 21,367 crore in FY2025

Some of the surplus liquidity in the banking system would be withdrawn over time through foreign exchange interventions and banks' reserve requirements

Paramotor operates platforms including SpendPro, yayyy.shop, RewardOn and DevStack

The card, available nationwide to eligible IndusInd Bank business customers, draws real-time from OD or CC accounts for both online and offline payments

Central banks decision to limit bond sales amid rising yields signals potential shifts in monetary policy, as geopolitical tensions and U.S. economic data influence global market dynamics.

Sberbank has been using surplus rupees to support liquidity, including investments in Indian government securities. Talking about bilateral trade settlement in rupee terms

BRICS experts in New Delhi advocate for enhanced banking ties and local currency trade to boost economic cooperation and reduce costs

State-run banks were spotted offering dollars, most likely on behalf of the RBI, the traders said

The legislation raises the threshold for summoning bank officials while enabling courts to access banking records in genuine cases with specific reasons

The move is designed to strengthen insurers financial flexibility as regulatory changes and market pressures constrain their ability to deploy capital

In Aparajita, Bhattacharya reflects on bias, women and Gen Z. Her leadership lesson: persistence gets you there; humility keeps you relevant

Digital borrowing is expanding beyond major cities, though consumers continue to rely primarily on savings when facing immediate cash shortfalls

Customers may face disruptions to banking operations as the strike coincides with a weekend and holidays in several states

A firm that engages transparently not only earns regulatory goodwill but also gains faster, more durable pathways to scale. On the other hand, a firm that seeks to outrun the rules realises that the rules catch up, sooner or later, and at a much higher cost to itself and to the trust of the customers it serves, says Sanjay Malhotra

With a robust regulatory framework and innovative payment solutions, Pay10 empowers Indian businesses to seamlessly engage in global trade while enhancing local transaction efficiency

GST Smart uses GST filings to support faster credit decisions within the banks existing policy and approval framework

Surplus liquidity in banking system at about 10.50 lakh crore as on September 9, the SBI Chair

The AI agents handle inbound digital inquiries for gold loans, capturing details such as loan requirements, available gold collateral, and customer location, then directing qualified prospects to the nearest branch

The Court rejected theinvestorsclaims outright after finding that they had failed to produce sufficient admissible evidence

Reliance chief seeks stronger ecosystem supporting working women, mothers and leadership

It is the second industry Association to get this recognition, the first being the Fintech Association for Consumer Empowerment (FACE)

The card, available on the CoverSure app, can be loaded with any amount between 100 and 10,000

Innovation must ultimately translate into simplicity, greater choice, and greater trust for the user, an official said at the launch.

The SBI Chairman said banks are unlikely to deploy the surplus liquidity immediately, as the banking system had a 10.5 lakh crore surplus as of September 8.

The bank said the issuance would diversify its funding and enhance its international presence in global capital markets

The issuance is part of the banks $1 billion Euro Medium Term Note Programme under Regulation S of the US Securities Act 1933

The fundraising follows Canara Banks 3,500-crore perpetual bond issue last year, which carried a 7.55 per cent coupon.

Our hope is that, at least to start with, there is no need to continue to increase the headcount at the same pace as before, CEO Amitabh Chaudhry said

Meta now the seventh-largest UPI player in the country, says Shweta Bajpai, Director, Finserv, Technology, Services and Payments at Meta

Says the objective should not merely be to make finance faster or smarter, but to ensure that technological progress makes finance more useful, resilient and responsive to those it serves

Investors from 90 countries have been onboarded in GIFT City

India should not be overly concerned about weak foreign investment in the current global environment, says Ashok Kumar Lahiri

The CEO highlights that PhonePe has worked alongside NPCI to systematically break down the 'walls'- smartphone, bank account, and border barriers that have historically kept people out of the digital economy

Real-time payments are going to create massive opportunity for Indian companies to go and capture their growth, says Harshil Mathur

The central bank is conducting the swaps with a maturity in September, four bankers and two FX brokers

NSE CEO Ashish Kumar Chauhan stated, This GFF is a highlight of the Indian financial calendar and one of the largest events of its kind in the world

Speaking at the Global Fintech Fest 2026, Kaustubh Tause, Secretary and Chief Advisor to Devendra Fadnavis said the markets regulator will set up completely new infrastructure, spread over 16,000 meters.