Category : Banking


RBI's 2026 Digital Payments Framework Simplifies Autopay

The RBI introduces the Digital Payments - Emandate Framework, 2026, enhancing user control with 24-hour notifications, flexible mandate management, and higher transaction limits for secure, frictionless recurring payments.

Hyderabad Police Chief Urges RBI for Banking Reforms

Hyderabad Police Commissioner VC Sajjanar has written to RBI Governor Sanjay Malhotra, calling for urgent banking reforms to tackle cybercrime. The letter highlights widespread misuse of 'mule accounts' and weaknesses in KYC systems uncovered during 'Oper

States Raise Rs 16,900 Crore in RBI's SGS Auction

Indian states successfully raised Rs 16,900 crore through the Reserve Bank of India's State Government Securities auction across various tenors, reflecting strong market demand for state debt.

Bharat Maritime Insurance Pool Launched with $100M+ Commitments

Public sector insurers GIC Re and New India Assurance lead the new Bharat Maritime Insurance Pool, securing over $100 million in commitments. The pool, backed by a $1.5 billion sovereign guarantee, aims to provide marine insurance for trade with Persian G

EPFO Recovers Rs 1,200 Crore PF Dues from Sahara India

The Employees' Provident Fund Organisation initiates coercive action against Sahara India entities to recover approximately Rs 1,204 crore in unpaid provident fund contributions, protecting employee retirement benefits.

Jio Leads Bengal Telecom with 44.8% Market Share

Reliance Jio has become the top telecom operator in West Bengal, holding a 44.8% subscriber market share and leading by over 70 lakh customers, driven by its expansive 5G network coverage across urban and rural areas.

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