The government has amended the Foreign Trade Policy to allow exporters to denominate contracts and receive payments in rupees for exports to all countries outside the Asian Clearing Union (ACU), except Nepal…
As careers shift away from fixed-salary models, many workers now face irregular income that does not match fixed monthly expenses. A solution lies in using bonds to create a predictable payout calendar,…
A SBI Research report forecasts that India's retail inflation may briefly cross 6% in October and November before easing to around 5% in the fourth quarter of FY27. The report expects August…
The Reserve Bank of India has designated the State Bank of India as the lead bank for five newly created districts in the Union Territory of Ladakh. The districts, Sham, Nubra, Changthang,…
Third-party apps such as Stashfin, CRED, PhonePe, and Google Pay process billions of rupees in credit card bill payments in India every month. While most legitimate apps offer fast and secure transactions,…
Starting 6 April 2027, unused UK pension pots and death benefits will be included in a person's estate for inheritance tax purposes, under the UK Finance Act 2026. This ends the decades-old…
Indian banks could face diverging provisioning costs as they prepare for the Reserve Bank of India's expected credit loss (ECL) framework, effective April 1, 2027. Lenders with larger provision buffers are better…
The Reserve Bank of India's Monetary Policy Committee unanimously voted to keep the repo rate unchanged at 5.25 per cent at its August 3-5 meeting, but the minutes released on Wednesday revealed…
The Reserve Bank of India has proposed two draft rules that could reshape how fintech firms and non-banking financial companies offer small loans. The first, released on 12 August, requires lenders to…
A paper prepared by SBI Caps for a banking conclave attended by Finance Minister Nirmala Sitharaman has flagged that uneven demand, commodity price volatility, trade uncertainty and cheap imports are slowing private…
