Reserve Bank of India Archives

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

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...

Wouldn't it be ironic if the biggest crypto scam in history was not by fraudsters but by a government?

Opinion

The Great Crypto Heist: A Government’s Masterstroke – An attempted economic...

Ganesan Subramanian - March 8, 2025 0

The war on black money The year was 2026. The Indian government had spent a decade battling black money, with limited success: cash hoarded in...

Probe revealed that Paytm's flagship firm OCL made foreign investment in Singapore and “did not file necessary reporting to the RBI” for creation of overseas step-down subsidiary, ED said

Money Laundering

ED issues Rs.611-cr FEMA notice to Paytm parent company One 97,...

Team PGurus - March 3, 2025 1

ED puts Paytm under its lens for FEMA violations The Enforcement Directorate (ED) on Monday said it has issued a notice to Paytm's parent company,...

Shaktikanta Das will serve alongside P K Mishra, who has been the Principal Secretary to the Prime Minister since September 11, 2019

Politics

Former RBI Governor Shaktikanta Das appointed Principal Secretary-2 to PM Modi

PGurus Newsdesk - February 22, 2025 1

Shaktikanta Das takes over as PM’s Principal Secretary-2 Former Reserve Bank of India (RBI) Governor Shaktikanta Das has been appointed as the Principal Secretary-2 to...