New Delhi, Feb 19 (IANS) The Delhi High Court has agreed to examine a public interest litigation (PIL) seeking framing of comprehensive guidelines to curb the growing menace of frauds perpetrated through the Unified Payments Interface (UPI). Issuing notice, a bench of the Chief Justice D.K. Upadhyaya and Justice Tejas Karia sought responses from the Union government, the Reserve Bank of India (RBI) and the National Payments Corporation of India (NPCI) on the plea filed by retired Central governm…
Latest Reserve Bank of India (RBI) News & Updates
New Delhi, Jan 29 (IANS) In an era characterised by heightened global uncertainty, geopolitical flux, and rapid technological transformation, India’s monetary and financial sectors have exhibited robust performance in FY26 (April-December 2025), underpinned by strategic policy actions and structural resilience across financial intermediation channels, according to the Economic Survey 2025-26 tabled in Parliament on Thursday.The survey highlights that tapping into innovative and inclusive channel…
New Delhi, Dec 23 (IANS) House purchase affordability improved significantly across major Indian cities in 2025 with Ahmedabad as the most affordable among the top eight cities, a report said on Tuesday.The report from property consultancy Knight Frank India showed Ahmedabad leading the Affordability Index with an EMI‑to‑income ratio of 18 per cent, followed by Pune and Kolkata at 22 per cent.In Mumbai, the EMI‑to‑income ratio declined to 47 per cent, marking the first time the city’s …