Regulatory
2 months ago
IndiGo Faces ₹500-Crore Payout After Massive Flight Cancellations — Regulator Orders 10% Cut in Winter Schedule
- New Delhi: India’s leading low-cost carrier IndiGo is facing a compensation payout estimated at over ₹500 crore after it cancelled nearly 4,500
- The cancellations — among the largest in India’s aviation history — were triggered by poor pilot .The post IndiGo Faces…
- New Delhi: India’s leading low-cost carrier IndiGo is facing a compensation payout estimated at over ₹500 crore after it cancelled nearly 4,500
National
2 months ago
Nepal Lifts Ban on Indian Currency Notes Above ₹100
- In a major policy shift, Nepal is set to lift the long-standing ban on Indian currency notes above ₹100, paving the way
- The decision follows a key amendment made by the Reserve Bank of India (RBI) to India’s Foreign Exchange Regulations, allowing the…
- In a major policy shift, Nepal is set to lift the long-standing ban on Indian currency notes above ₹100, paving the way
IPO News
2 months ago
MARC Technocrats IPO 2025: Infrastructure Consultancy Firm Targets Up to ₹42.6 Crore via SME Issue
- MARC Technocrats Limited, a government-focused infrastructure consultancy firm, is set to launch its SME IPO in December 2025
- Operating largely on a B2G model, the company provides engineering and project management services for roads, highways, railways, and water projects
- The issue aims to raise up to ₹42.59 crore and will be listed on NSE EMERGE.
Banking
2 months ago
Strong Governance Intent Can Eliminate Regulatory Gaps, Says RBI Deputy Governor Swaminathan J
- RBI Deputy Governor Shri Swaminathan J said regulatory gaps and overlaps fade when governance intent is strong and practiced in spirit, not just on…
- Speaking at the Gatekeepers of Governance Summit in Mumbai, he stressed that boards must own outcomes, empower control functions, and adopt a
- RBI Deputy Governor Shri Swaminathan J said regulatory gaps and overlaps fade when governance intent is strong and practiced in spirit, not just on…
Economy
2 months ago
RBI Governor Sanjay Malhotra Highlights Balance Between Stability and Innovation at SBI Banking Conclave
- Addressing the SBI Banking & Economics Conclave, RBI Governor Sanjay Malhotra said financial stability remains the central bank’s “north star” even as
- Tracing a decade of reforms that strengthened banks and restored resilience, he stressed the need for calibrated regulation that balances innovation, efficiency,
- Addressing the SBI Banking & Economics Conclave, RBI Governor Sanjay Malhotra said financial stability remains the central bank’s “north star” even as
Banking
2 months ago
UPI Changed Everything: Lessons for Banks in India’s Fintech Revolution
- India’s banking system has undergone a dramatic transformation, with technology moving from a support function to the very foundation of financial intermediation
- Drawing lessons from India’s digital journey — from ATMs and NEFT to UPI and AI — this article explains why fintechs surged
- India’s banking system has undergone a dramatic transformation, with technology moving from a support function to the very foundation of financial intermediation
Regulatory
2 months ago
Income Tax Department Targets Fraudulent Refund Claims Linked to Fake Donations
- The Income Tax Department has intensified enforcement against taxpayers claiming illegitimate refunds by reporting bogus donations to political parties and charitable organisations,
- The crackdown is part of a data-led effort by the Central Board of Direct Taxes (CBDT) to curb misuse of tax provisions
- The Income Tax Department has intensified enforcement against taxpayers claiming illegitimate refunds by reporting bogus donations to political parties and charitable organisations,
Banking
2 months ago
Post Office RD Scheme: Maturity Invest ₹333 every day and get ₹1,700,000 at maturity. Check the calculation.
- Post Office RD Scheme: Everyone wants to know the easy way to build a large corpus by saving a little every day
- The Post Office RD scheme does just that
- You can accumulate lakhs by saving daily
Banking
2 months ago
ED Restores ₹40 Crore In Properties To Indian Bank In Saravana Stores Case
- In a major development in a high-value money laundering investigation, the Directorate of Enforcement (ED) has restored properties worth ₹40 crore to
- The restitution has been carried out in support of an application filed
- The post ED Restores…
Personal Finance
2 months ago
Senior citizens will receive Rs 24,00000 in interest in this scheme over 5 years; see the full calculation.
- The Senior Citizen Savings Scheme (SCSS) provides fixed returns to retired individuals
- You can also invest in this scheme without any risk
- This government-run scheme offers the highest interest rates among small savings schemes
Personal Finance
2 months ago
Income Tax Department can send income tax notice even on cash transactions between husband and wife, know rules
- Income tax notice for giving cash to wife
- Know the rules for cash transactions between husband and wife, Section 269SS/269T, ways to avoid tax on investment and penalty
- Are you also making this mistake
Banking
2 months ago
HDFC Bank customers: Big news! These online services, including UPI, will be closed for two days in December – here’s why.
- HDFC Bank UPI Downtime Alert: If you’re an HDFC Bank customer, there’s big news for you
- In December, the country’s largest private bank, HDFC Bank, will shut down online services, including its UPI service, for two days
- This means no transactions will be possible
Regulatory
2 months ago
India’s Forex Reserves Rise by $1.03 Billion to $687.26 Billion Amid Global Volatility
- India’s Forex Reserves Rise by $1.03 Billion to $687.26 Billion Amid Global Volatility India’s foreign exchange reserves moved higher in the latest
- Data released by the Reserve Bank of India shows that total forex reserves increased by $1.03 billion to $687.26 billion for the week ending…
- India’s Forex Reserves Rise by $1.03 Billion to $687.26 Billion Amid Global Volatility India’s foreign exchange reserves moved higher in the latest
Economy
2 months ago
No target any band for rupee, it finds its own level: RBI governor
- Mumbai: Reserve Bank Governor Sanjay Malhotra on Friday said the central bank does not target any band for the rupee in the
- The governor’s statement came at a time when the rupee breached the 90-mark against the US dollar, and is hovering near that level
- “We don’t…
Personal Finance
2 months ago
8th Pay Commission: Good news! Finance Ministry has issued a clarification stating that the 8th Pay Commission may be implemented from January 1, 2026.
- 8th Pay Commission: The Finance Ministry has issued a clarification stating that there is no proposal under consideration to merge DA (Dearness
- The ministry issued this clarification in response to a long-standing demand from central employees and pensioners
- This statement comes at a time when discussions regarding the 8th Pay Commission are…
Personal Finance
2 months ago
Income Tax Refund: Has your tax refund not arrived yet? Know what could be the reason for this
- Income Tax Refund: This year, the deadline for filing income tax returns was September 16th
- Even after two and a half months, many taxpayers have not received their refunds in their bank accounts
- Experts say there may be technical reasons for the non-receipt of refunds
Regulatory
2 months ago
RBI’s Repo Rate Cut: Will Your Home Loan EMI Finally Come Down?
- The RBI has reduced the repo rate by 25 basis points to 5.25%, offering immediate EMI relief for borrowers with repo-linked home loans
- While floating-rate loans will see quick benefits, older MCLR/Base Rate loans may take longer to adjust
- The move boosts affordability and is expected to energize homebuying sentiment.
Regulatory
2 months ago
RBI Injects ₹1 Lakh Crore Liquidity via OMO; Announces USD 5 Billion Swap to Ease Market Tightness
- The Reserve Bank of India has announced major liquidity-boosting measures, including ₹1 lakh crore in OMO purchases and a USD 5 billion
- RBI Governor Sanjay Malhotra said the steps aim to ensure sufficient durable liquidity and smooth market functioning
- The Reserve Bank of India has announced major liquidity-boosting measures, including ₹1 lakh crore in OMO purchases and a USD 5 billion
Regulatory
2 months ago
RBI Monetary Policy Update: Governor Sanjay Malhotra Announces 25 bps Repo Rate Cut (WATCH)
- The Reserve Bank of India has reduced the repo rate by 25 basis points to 5.25%, marking the first rate cut after months of…
- Backed by strong GDP growth and record-low inflation, the MPC’s unanimous decision is expected to ease EMIs, boost liquidity, and support economic momentum.
- The Reserve Bank of India has reduced the repo rate by 25 basis points to 5.25%, marking the first rate cut after months of…
Banking
2 months ago
RBI Repo Rate Cut: How Much Will Your Home, Auto & Personal Loan EMI Drop?
- The RBI has reduced the repo rate by 25 basis points, bringing it down to 5.25%
- This move is expected to lower EMIs on home, auto, and personal loans, offering relief to millions of borrowers as borrowing costs drop.
- The RBI has reduced the repo rate by 25 basis points, bringing it down to 5.25%
Stock Market
2 months ago
Sensex Surges as RBI Cuts Repo Rate: Markets Rebound Strongly After Policy Boost
- The stock market staged a strong rebound on Friday after the RBI cut the repo rate by 25 basis points to 5.25%
- The policy announcement lifted sentiment across rate-sensitive sectors, pushing the Sensex up 447 points and helping Nifty close above 26,180
- Analysts say the move, combined with lower inflation forecasts and improved liquidity measures, signals renewed market confidence heading into 2026.
Stock Market
2 months ago
Why Companies Split Their Shares — And What It Means for Your Portfolio
- A stock split increases the number of shares while reducing their price, making them more affordable for investors — without changing the
- Companies like Apple and Nvidia often use stock splits after major price rallies
- Here’s how forward and reverse stock splits work, why companies announce them, and what investors should know.
![RBI Revises FEMA Rules on Carrying Indian Currency to and from Nepal, Bhutan, Pakistan & Bangladesh [Read Circular]](https://thebankingtimes.in/wp-content/uploads/2025/12/image_editor_output_image1460985303-1764818335285.webp)
Regulatory
2 months ago
RBI Revises FEMA Rules on Carrying Indian Currency to and from Nepal, Bhutan, Pakistan & Bangladesh [Read Circular]
- The Reserve Bank of India (RBI) has amended the Foreign Exchange Management Act, 1999 (FEMA) regulations governing export and import of Indian
- The amendment, issued under Section 47(2)(b) of the Foreign Exchange Management Act, 1999, refines the rules governing the export and import of
- The Reserve Bank of India (RBI) has amended the Foreign Exchange Management Act, 1999 (FEMA) regulations governing export and import of Indian
Banking
2 months ago
Bank Locker Rules: Will the bank compensate you if your locker items are stolen? Know these rules!
- Bank Locker Rules: If your belongings are stolen or damaged in your bank locker, how much responsibility will the bank have
- How will compensation be provided according to RBI regulations, and in which situations will the bank grant a claim, and in which cases will…
- Learn the full details in simple language
Economy
2 months ago
Even beyond 90 to a dollar, sliding rupee is not a weak rupee, says SBI Research
- New Delhi: A sliding rupee is not a weak rupee even as it breaches the psychological barrier of 90 per US dollar,
- Russian President Vladimir Putin will visit India this week for a summit with Prime Minister Narendra Modi aimed…
- New Delhi: A sliding rupee is not a weak rupee even as it breaches the psychological barrier of 90 per US dollar,
Economy
2 months ago
From ₹3.30 to ₹90: How the Indian Rupee Weakened Against the US Dollar Over 78 Years
- The Indian rupee has depreciated steadily from ₹3.30 per USD in 1947 to about ₹90 in 2025, reflecting decades of economic transformation,
- This long-term trend highlights India’s evolving role in global trade—bringing both opportunities and challenges.
- The Indian rupee has depreciated steadily from ₹3.30 per USD in 1947 to about ₹90 in 2025, reflecting decades of economic transformation,
Banking
2 months ago
Good News for Credit Cardholders: RBI Ends Hidden Overlimit Fees, Puts Power in Your Hands
- No charges on limit breaches without customer consent; banks to offer full in-app controls .As digital payments continue to grow rapidly across
- But along with convenience, many cardholders often find themselves caught off-guard when they unknowingly exceed their spending limit — and banks immediately
- No charges on limit breaches without customer consent; banks to offer full in-app controls .As digital payments continue to grow rapidly across
Banking
2 months ago
5 Days working in Bank: Banks will have 5 working days in the year 2026? the government has taken this decision.
- Bank employees and associations are demanding a significantly longer five-day working day
- Banks may implement a five-day working day by 2026
- This proposal is now formally under government consideration
Stock Market
2 months ago
Sensex Crashes Nearly 504 Points As Banking Stocks Drag Markets, Know- What Triggered The Sudden Sell-Off On Dalal Street?
- Mumbai: Indian stock markets continued their downward slide on Tuesday, with the Sensex dropping 503.63 points to close at 85,138.27
- The index fell nearly 589 points intraday, extending its losing streak to three sessions
- This came just a day after the benchmark touched a record high during morning trade before profit booking pulled it down.The Nifty
National
2 months ago
Need a Stamp Paper at Midnight? Karnataka’s New Digital e-Stamp System Has You Covered 24×7
- Bengaluru: In a bid to strengthen efficiency, transparency and security in document stamping, the Karnataka government has introduced Digital e-Stamp (DeS), which
- Bengaluru: In a bid to strengthen efficiency, transparency and security in document stamping, the Karnataka government has introduced Digital e-Stamp (DeS), which