Reserve Bank of India Archives

Despite the optimistic forecast, the RBI flagged several risks that could dampen growth prospects

RBI revises India’s GDP growth forecast to 6.8% for FY2025-26 amid...

PGurus Newsdesk - October 1, 2025 0

India’s GDP outlook upgraded The Reserve Bank of India (RBI) has raised its GDP growth forecast for India to 6.8% for the financial year 2025-26,...

For Indian users especially, who heavily depend on UPI for day-to-day transactions, this step provides newfound ease and access in global commerce

Banking

UPI goes global: Indian users can now pay internationally via PayPal

PGurus Newsdesk - July 23, 2025 0

PayPal World platform launches with UPI integration for seamless cross-border payments In a major development for digital finance, Indian consumers can now use the Unified...

The move comes as RCom is currently under the corporate insolvency resolution process as per the Insolvency and Bankruptcy Code

Banking

SBI to declare Anil Ambani’s RCom loan as ‘fraud’; to report...

Team PGurus - July 2, 2025 0

Anil Ambani: From the 6th richest in the world to Rs.31,580 cr 'fraud' tag by State Bank State Bank of India (SBI) has decided to...

It is time we replace GDP with TALLI as a measure of assessing the nations of the world

Opinion

Bharat should replace GDP with TALLI as a measure of nation’s...

Giridhar Mamidi - June 30, 2025 0

Why Bharat should use TALLI instead of GDP to measure prosperity Since the early part of the last century, especially after the Bretton Woods Conference,...

Surge driven by reclassification of 122 past cases per SC ruling; digital and loan frauds dominate

Banking

Banking frauds triple in FY25, public sector banks face highest losses

Team PGurus - May 29, 2025 3

RBI says, banking fraud amount triples to Rs.36,014 cr in FY25 The overall number of frauds, including those related to loan accounts and digital payments,...

The Top Court had then ordered the CBI to submit a roadmap on how it planned to unravel the

Law and Order

Supreme Court orders CBI probe after report claims fraud on homebuyers...

Team PGurus - April 29, 2025 0

SC orders CBI inquiry into fraud on homebuyers Observing an "unholy nexus" between the banks and developers to dupe homebuyers, the Supreme Court of India...

During 2023-24, banks wrote off bad loans of Rs.1,70,270 crore, lower than Rs.2,16,324 crore done in the previous financial year

Finance

India’s banks write off Rs.16.35 lakh crore in bad loans over...

Team PGurus - March 17, 2025 1

Govt withholds names of defaulters with bad loans India’s banks have written off non-performing assets (NPAs) or bad loans worth about Rs.16.35 lakh crore in...

Chartered accountants' apex body ICAI may review the financial statements of IndusInd Bank, which is grappling with discrepancies in accounting estimated to be Rs.2,100 crore

Banking

RBI directs IndusInd to complete remedial action this month; assures customers...

Team PGurus - March 15, 2025 0

RBI confirms IndusInd Bank's stability Days after the big crash of shares of IndusInd Bank, the Reserve Bank of India (RBI) on Saturday assured customers...