Cracks in the Crypto World: A Top Data Center Provider Spends $500 Million to Turn Crypto Mines Into AI Cloud
A top data center provider is spending $500 million to turn former cryptomining sites into AI cloud facilities, as Bitcoin…
Section
Category: Fintech & Banking
Banking, RBI, UPI, payments and fintech news.
Household Share of Bank Deposits Falls; FCNR(B) Push May Aid Mobilisation
Households held 59.3% of bank deposits in FY26, down from 63.2% in FY19. The RBI's FCNR(B) push may help banks…
Axis Bank Sees Over Rs 10,000 Crore Eligible Under ECLGS 5.0
Axis Bank estimates more than Rs 10,000 crore of its loans could qualify under ECLGS 5.0, the government's MSME credit…
SEBI’s Fix for a Broken Process: Why the Delisting Rules Are Being Reviewed
SEBI chairman Tuhin Kanta Pandey says the regulator will review India's delisting rules to ease price-discovery friction, building on the…
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…
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…