Liquidity surge due to NRI deposits to be limited and temporary: RBI
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OCSL Q3 2026 slides: credit quality improves despite earnings miss
RBI governor Sanjay Malhotra emphasized that the costs of UPI transactions are already subtly included in operations. He expressed it is premature to introduce explicit fees for merchants. The priority lies in enhancing the payment infrastructure and increasing utilization. Any fee implementation should consider potential effects on user engagement and ongoing investment, as consumers do…
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The Securities and Exchange Board of India (Sebi) has concluded adjudication proceedings against Raghav Raj Kanoria, managing director of India Power Corporation. Kanoria has agreed to pay a settlement sum of Rs 24.7 lakh to settle allegations concerning misstatements in financial records for two fiscal years. He resolved the issue without admitting to any wrongdoing,…
UPI users may remain unaffected even if Merchant Discount Rate is introduced, according to Bernstein. The brokerage expects large merchants to bear a 30-40 bps fee, while small merchants and low-value transactions may remain exempt. RBI Governor Sanjay Malhotra says it is too early to comment.
Argentina and China renew currency swap deal for five years
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