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RBI

Inflation Shock: India’s Retail Inflation Climbs to 5.54% in September

Inflation Shock: India’s Retail Inflation Climbs to 5.54% in September
Supreme Court Notice on UPI Charges: New MDR Rule Above Rs 2,000 Faces Legal Scrutiny

Supreme Court Notice on UPI Charges: New MDR Rule Above Rs 2,000 Faces Legal Scrutiny

The Supreme Court has sought responses from the Centre, RBI and NPCI over the new Merchant Discount Rate (MDR) framework for selected UPI merchant transactions above Rs 2,000. The court has refused to halt the October 15 rollout, but the move has intensified the debate over digital payment costs, merchant burden and the future of India’s zero-MDR UPI model.
UPI Fee Row: Centre in Talks With Aggregators to Stop Merchants Passing New Fee to Customers

UPI Fee Row: Centre in Talks With Aggregators to Stop Merchants Passing New Fee to Customers

The government is engaging UPI stakeholders to prevent merchants from passing the new MDR on to customers, while rejecting claims that the fee was introduced under US pressure.
Tata Trusts vs Tata Sons Board: Fresh Clash Over N Chandrasekaran’s Chairman Reappointment

Tata Trusts vs Tata Sons Board: Fresh Clash Over N Chandrasekaran’s Chairman Reappointment

A fresh leadership dispute has emerged at Tata Sons after Tata Trusts rejected the board resolution to reappoint N Chandrasekaran as Chairman, calling it legally invalid and citing company governance rules.

Tata Sons Big Move: N Chandrasekaran Gets 3rd Term As Chairman After RBI Listing Twist, Noel Disagrees

Tata Sons Big Move: N Chandrasekaran Gets 3rd Term As Chairman After RBI Listing Twist, Noel Disagrees

Tata Sons Board voted to reappoint N Chandrasekaran for third term. He led Tata Sons since 2017 when he succeeded Ratan Tata as interim chairman and was reappointed for a second term in 2022.
UPI Charges From October 15: 0.4% MDR On Rs 2,000-Plus Payments, Who Will Pay?

UPI Charges From October 15: 0.4% MDR On Rs 2,000-Plus Payments, Who Will Pay?

RBI has backed a 0.4% MDR on specified UPI merchant payments above Rs 2,000 from October 15. Here is what changes for consumers and merchants.
UPI Charge Rules Trigger Confusion As Experts Seek RBI-NPCI Clarification

UPI Charge Rules Trigger Confusion As Experts Seek RBI-NPCI Clarification

UPI payments up to Rs 2,000 are confirmed free, but experts say RBI and NPCI must clarify whether banks can charge for higher-value transactions.

No Threats, No Late-Night Calls: RBI Tightens Loan Recovery Rules, Protects Borrowers From Harassment

No Threats, No Late-Night Calls: RBI Tightens Loan Recovery Rules, Protects Borrowers From Harassment

RBI’s new loan recovery rules bring big relief for borrowers no late-night calls, no threats, no public shaming. Know what banks and recovery agents can and cannot do from 2027.
Big Relief for Borrowers? RBI Holds Repo Rate at 5.25%, Raises GDP Growth Forecast

Big Relief for Borrowers? RBI Holds Repo Rate at 5.25%, Raises GDP Growth Forecast

The RBI’s Monetary Policy Committee kept the repo rate unchanged at 5.25% and retained its neutral stance. The central bank raised its FY27 GDP growth forecast to 6.7% while warning of inflation risks.
Rupee 10 and 20 Plastic Notes Could Be Tested as RBI Prepares Polymer Trial

Rupee 10 and 20 Plastic Notes Could Be Tested as RBI Prepares Polymer Trial

India has moved closer to testing polymer banknotes after the RBI’s printing arm invited global bids for security-grade plastic substrate, though denominations and rollout dates remain unconfirmed.
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