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Non-Resident Indians (NRIs) are prohibited from making new investments in RBI floating rate savings bonds; however, those who are existing holders may maintain their investments. The bonds offer an attractive interest rate of 8.05%, bolstered by government guarantees.

The RBI's move to hold the repo rate steady at 5.25 percent has received much praise from industrialists because it is seen as providing stability in the housing as well as commercial realty sectors. The stability in interest rates provides assurance to homebuyers, aids in making investment decisions, and helps in planning future projects for the developers. It was also stated that the continued development of infrastructure along with the robustness of end-user demand provides a sound base for the future.

Paul Merchants has been helping Indians connect with the world by providing foreign exchange services for travellers, facilitating various types of overseas remittances like education remittances, medical treatment remittances, travel remittances, conference and event participation remittances and more. Over the years, the company has evolved into one of India's most trusted names in foreign exchange and cross-border financial services, backed by a strong commitment to regulatory compliance, customer trust and responsible business practices.

Non-banking finance company credit grew 14.4 percent year-on-year in June. Retail loans saw the fastest expansion, increasing by 20.3 percent. Housing and vehicle loans, and gold jewellery loans showed robust growth. Credit to industry expanded by 6.7 percent, while services sector credit grew 17.6 percent. Agriculture and allied activities credit increased significantly by 17.9 percent.

The Reserve Bank of India has proposed new leverage ratio requirements for banks. Globally systemic important banks will face a minimum 3.5% ratio plus a buffer. Domestic systemically important banks will continue with their 4% ratio mandate. Other commercial banks will maintain the existing 3.5% leverage ratio. These proposals align with the Basel Committee on Banking Supervision's framework.

Nearly four years after the Reserve Bank of India (RBI) launched the pilot for the digital rupee, the central bank's flagship payments initiative is yet to beco

The Reserve Bank of India has prohibited commercial banks from restricting or disabling the a borrower's mobile phone, tablet or laptop as a loan recovery tool,

Minimum ratios unchanged; G-SIB branches face additional buffer, curbs on capital payouts

Religare Enterprises' demerger plan has been rejected by the Reserve Bank of India. The company received official communication regarding the rejection on August 6, 2026. Religare Finvest Ltd also received a similar communication from the regulator. However, stock exchanges have provided their no objection and observation letters. The company will engage with the regulator for further clarifications.

As per the new loan recovery framework, banks and other regulated lenders will face stricter rules on borrower communication, recovery agent conduct, call hours and field visits. These norms come into force from January 1, 2027.