August 16, 2025-
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A recent policy shake-up brought the minimum average balance (MAB) practice to the spotlight after ICICI Bank raised its MAB for new savings accounts—only to later rollback in the face of public backlash....
A recent policy shake-up brought the minimum average balance (MAB) practice to the spotlight after ICICI Bank raised its MAB for new savings accounts—only to later rollback in the face of public backlash....
In a landmark move to strengthen financial literacy and promote digital inclusion, the Reserve Bank of India (RBI) has launched its official, verified WhatsApp channel. This initiative forms part of the ongoing #RBIKehtaHai...
Gurugram-based fintech NBFC Seeds Fincap has raised ₹50 crore in a Pre-Series B funding round led by existing investors Z47 and Lok Capital, with fresh participation from Norinchukin Capital and Alteria Capital. The...
Reserve Bank of India Governor Sanjay Malhotra has clarified that minimum balance requirements for savings accounts are not regulated by the RBI. Instead, individual banks are empowered to determine their own thresholds based...
The adoption of digital KYC (Know Your Customer) has become a game-changer in India’s personal loan landscape. It’s not just a regulatory checkbox—it’s the enabler behind instant onboarding, fraud prevention, and paperless lending,...
India has not seen the entry of a new universal bank since 2016, raising critical questions about the Reserve Bank of India’s (RBI) stance on licensing policy. While the economy has evolved significantly...
In a significant development for India’s capital markets, the Insurance Regulatory and Development Authority of India (IRDAI) is reportedly considering relaxing investment norms to allow insurers greater exposure to REITs (Real Estate Investment...
India’s microfinance sector, a critical source of credit for low-income households and self-employed borrowers, is expected to face continued asset quality pressure in the first half of FY26, according to a recent report...
In a significant regulatory update on July 11, 2025, the Reserve Bank of India (RBI) clarified that borrowers can voluntarily pledge gold or silver as collateral for agricultural and MSME loans—without it being...
Public sector banks in India are rethinking their recruitment and training strategies by placing a stronger emphasis on regional language proficiency. This shift comes amid rising concerns about customer dissatisfaction due to language...
RBI Governor Sanjay Malhotra informed the Parliamentary Standing Committee on Finance that 1.12 lakh fake ₹500 currency notes were detected during FY 2024–25, marking a 37% increase from the previous year. While overall...
As India’s fintech lenders scale their unsecured credit portfolios, many encounter a common roadblock: How do you approve more customers without triggering a spike in defaults? The answer may lie in an often-overlooked...
India’s booming fintech sector is increasingly becoming the lender of choice for young, digital-first borrowers, according to a new report by the Fintech Association for Consumer Empowerment (FACE)—a self-regulatory body recognized by the...
In a move aimed at streamlining digital onboarding processes in the financial sector, Registered Intermediaries (RIs) such as brokers, mutual fund houses, and portfolio managers can now use the ‘e-KYC Setu System’ developed...
As India accelerates toward becoming a $5 trillion economy, financial inclusion remains a national imperative. The government, regulators, banks, NBFCs, and fintechs are focusing on expanding access to savings, credit, insurance, and digital...
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