Bank Fraud Cases Surge in FY 2024
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Banking
North East Bankers Conclave 2024
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Banning of Unregulated Lending Activities (BULA) Bill
The Banning of Unregulated Lending Activities (BULA) draft bill, introduced by the Indian government, aims to curb unauthorized lending practices following RBI’s recommendations. It defines…
Real-Time Payments and Economic Impact
Real-time payments are transforming India’s economy, with projections showing an addition of $76.5 billion (1.5% of GDP) by 2028. In 2023, these systems contributed $50…
India’s Crypto Investment Landscape
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New Credit Guarantee Scheme (CGS)
The Indian government introduced a new Credit Guarantee Scheme (CGS) to support small and marginal farmers, allocating ₹1,000 crore to prevent distress selling of crops.…
RBI Tackles Unclaimed Deposits in India
The RBI has launched initiatives to address unclaimed deposits, which include savings, current accounts, and term deposits inactive for over ten years. Unclaimed deposits surged…
What Are Memecoins? Understanding $Trump and the Risks of Crypto Hype
In a world increasingly dominated by the interplay of politics and technology, the intersection of cryptocurrencies and cultural trends has become a h…
Banking System Liquidity Tightens
Liquidity in India’s banking system is tightening due to upcoming GST and advance tax payments. A recent Variable Rate Repo (VRR) auction saw heightened demand,…
