FCNR(B) Monthly Flows Fall 39% Before RBI’s June Swap Window
FCNR(B) monthly inflows fell 39% to about $166 million in April 2026. RBI's June swap window now absorbs the hedging…
Section
Category: Fintech & Banking
Banking, RBI, UPI, payments and fintech news.
RBI to allow banks to loans against overseas Forex deposit
Reserve Bank of India (RBI) has officially permitted domestic commercial banks, including their overseas branches, to extend loans and credit…
RBI Eases TReDS Norms and Lets Banks Route FCNR(B) Deposits via GIFT City
The RBI made two changes. One helps small businesses get paid faster through TReDS. The other lets banks bring in…
Binance Tightens Reporting Rules for P2P Crypto Transactions in India
Binance, a big crypto app, now asks Indian users to share their name, region, and PAN every time they send…
MobiKwik Xtra and Lendbox: The Risky Regulatory Dance Behind a Rs 10,000 Cr P2P Lending Claim
MobiKwik Xtra and Lendbox promised high returns and easy cash-outs from P2P loans. Then the RBI's 2024 rules and a…
Why Indian Investors Are Rushing Into Liquid Mutual Funds in 2026
Indian investors are leaning on liquid mutual funds for safety in a choppy 2026 market, while JM Financial launches a…
UPI in May 2026: PhonePe and Google Pay Lose a Little Market Share
India's top UPI apps, PhonePe and Google Pay, lost a little market share in May 2026, while smaller apps like…
NPS Rules Change for Government Staff: PFRDA Announces Key Relief
India's pension office (PFRDA) changed NPS rules so government offices can skip middleman (PoP) fees and link straight to the…
RBI Bans Dark Patterns and Forced Bundling to Stop Misselling of Financial Products
The RBI has banned dark patterns (sneaky app tricks), forced bundling (making you buy extra things), and misselling (selling with…
ED Searches Crypto Firms Over Alleged FEMA Breaches
India’s ED searched premises linked to crypto platforms over alleged cross-border transfer violations under FEMA. The investigation remains ongoing.