RBI
PM Modi Launches 'Your Money, Your Right Movement': How Indians Can Reclaim Rs 1.04 Lakh Crore in Unclaimed Financial Assets
Dec 10, 2025 02:16 pm CST
Prime Minister Narendra Modi has launched the 'Your Money, Your Right' movement to help Indians reclaim Rs 1.04 lakh crore in unclaimed financial assets. The initiative provides dedicated portals from RBI, IRDAI, and SEBI to simplify the process of recovering forgotten bank deposits, insurance proceeds, dividends, and mutual fund investments, with facilitation camps already organized across 477 districts nationwide.
IMF Recognizes India's UPI as World's Largest Real-Time Payment System with 49% Global Market Share
Dec 09, 2025 02:53 am CST
The International Monetary Fund has officially recognized India's Unified Payments Interface (UPI) as the world's largest retail fast-payment system by transaction volume. With a 49% global market share and 129.3 billion transactions, UPI significantly outperforms systems in Brazil, Thailand, and China, while government initiatives continue expanding digital payment infrastructure across India.
RBI Cuts Repo Rate to 5.25%: Impact on Loans, Inflation and Economic Growth in India
Dec 05, 2025 01:25 pm CST
The Reserve Bank of India has reduced its repo rate by 25 basis points to 5.25%, as announced by Governor Sanjay Malhotra. This unanimous decision aims to stimulate economic growth while managing low inflation. The RBI has upgraded its GDP forecast to 7.3% and projected inflation at 2% for FY2025-26. Additional measures include forex swaps and bond purchases worth Rs 1 lakh crore to ensure adequate liquidity in the market.
Supreme Court Grants CBI Full Authority to Investigate Digital Arrest Scams Under Prevention of Corruption Act
Dec 01, 2025 07:15 pm CST
The Supreme Court has authorized the CBI to thoroughly investigate digital arrest scams, allowing them to access phone data, freeze bank accounts, and probe bank officials. The court has mandated cooperation from IT authorities, telecom operators, and state governments, while also seeking RBI's input on implementing AI to identify suspicious accounts.
RBI Announces Integration of UPI with European TIPS for Cross-Border Payments
Nov 22, 2025 02:58 am CST
The Reserve Bank of India has announced the interlinking of India's Unified Payments Interface (UPI) with the European TARGET Instant Payment Settlement system, enabling seamless cross-border remittances between India and the Euro Area. This initiative aligns with the G20 Roadmap for enhancing international payment systems, making them more affordable and accessible.
Digital Fraud Incidents Rising Since July: RBI Deputy Governor Highlights Banking Sector Challenges
Nov 07, 2025 10:11 pm CST
RBI Deputy Governor T Rabi Sankar reports an uptick in digital fraud incidents since July after a period of decline, urging banks to modernize core infrastructure to compete with fintechs. The report details shifting fraud patterns, banking vulnerabilities, and the potential impact of digital currencies on traditional banking models.
RBI Data Shows Rs 5,817 Crore Worth of Rs 2,000 Notes Still in Circulation: 98.37% Already Returned
Nov 02, 2025 01:21 am CST
The Reserve Bank of India reports that Rs 2,000 denomination notes worth Rs 5,817 crore remain in circulation, representing just 1.63% of the original amount when withdrawal was announced in May 2023. Despite still being legal tender, 98.37% of these high-value notes have been returned, with multiple options available for exchanging or depositing remaining notes through RBI's 19 issue offices nationwide.
India's Retail Inflation Hits 8-Year Low of 1.54% in September 2025: Impact on Monetary Policy
Oct 14, 2025 01:28 pm CST
India's retail inflation has dropped to an 8-year low of 1.54% in September 2025, falling below the RBI's comfort zone for the second time this year. This significant decline is primarily attributed to reduced prices of vegetables, fruits, and pulses, alongside GST rationalization effects. Economists project continued moderate inflation and anticipate a possible 25 basis point rate cut by December 2025, as the RBI revises its inflation outlook downward to 2.6% for 2025-26.
RBI Governor Urges Fintechs to Build for Inclusion and Prioritize Underserved Populations
Oct 09, 2025 10:27 am CST
RBI Governor Sanjay Malhotra emphasizes the crucial role of fintech companies in expanding financial services to underserved communities, while highlighting innovations in digital finance infrastructure and measures to combat fraud. With India's fintech sector growing to 10,000 companies raising $40 billion over the past decade, the central bank is pushing for responsible innovation that combines inclusion, user-friendly design, and robust security measures.
98.35% of Rs 2000 Notes Withdrawn: Only Rs 5,884 Crore Still in Circulation, Says RBI
Oct 02, 2025 01:44 am CST
The Reserve Bank of India reports that Rs 2000 denomination banknotes worth only Rs 5,884 crore remain in circulation, representing just 1.65% of the original amount when withdrawal was announced in May 2023. While still legal tender, these notes can be exchanged at 19 RBI offices nationwide or sent through India Post for bank account deposits.