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RBI to expand e-Rupee pilot to include cross-border payments, welfare transfers and domestic retail

New Delhi, May 29 -- The Reserve Bank of India (RBI) plans to expand its digital currency pilot to include cross-border payments, government benefit transfers, and domestic retail, according to its an... Read More


RBI balance sheet jumps 20.6% on gold rally, rupee depreciation

Mumbai, May 29 -- The Reserve Bank of India's (RBI) balance sheet expanded 20.6% in FY26 on the back of valuation gains from higher gold prices and rupee depreciation, its annual report showed on Frid... Read More


Bajaj Finserv plans Rs.2,000 crore push into AI innovation startups

Mumbai, May 29 -- Bajaj Finserv and other Bajaj Group companies will invest Rs.1,500-2,000 crore in AI innovation startups over the next five years to bridge the gap in private sector funding of resea... Read More


Bajaj Finserv commits Rs.1,500 cr-2,000 cr over 5 years to AI innovation startups to bridge private R&D funding gap

New Delhi, May 28 -- Bajaj Finserv and other Bajaj Group companies will invest Rs.1,500 crore- Rs.2,000 crore in AI innovation startups over the next five years to bridge the gap in private sector fun... Read More


'It is coming, and it is coming big': Uday Kotak on oil price shock

Mumbai, May 12 -- Billionaire banker Uday Kotak on Tuesday cautioned that Indians must prepare for the worst as the full impact of the oil price surge on account of the war in West Asia is imminent. ... Read More


Why Axis Bank wants to be selective on credit, strict on returns

Mumbai, May 10 -- Axis Bank is selectively chasing corporate loan growth in sectors with strong tailwinds, such as data centres, commercial real estate and renewables, while staying "watchful" in the ... Read More


RBI rejects industry feedback on capital adequacy norms

Mumbai, May 8 -- The Reserve Bank of India (RBI) on Friday said it has not accepted feedback that warned against allowing quarterly profits to be added to the calculation of capital adequacy levels. ... Read More


Why RBI wants to keep India's gold at home

New Delhi, May 5 -- The Reserve Bank of India (RBI) brought back over 100 tonnes of gold to India in the six months to March, taking the total gold reserves stored locally to 680 tonnes, as per half-y... Read More


Proxy advisory firm asks RBI to reject Tata Sons' bid to surrender licence

New Delhi, May 1 -- Proxy advisory firm InGovern Research Services said on Friday that the Reserve Bank of India (RBI) should reject Tata Sons' application to give up its registration as a core invest... Read More


Tata Sons can't escape RBI's public funds net

New Delhi, May 1 -- A clarification by the Reserve Bank of India has undercut Tata Sons' attempt to distance itself from public funds, potentially retaining it in the upper layer of non-bank financial... Read More