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RBI approves bank branches, ATMs and currency chests to operate on September 27 as the government moves to limit disruption from the September 28-30 bank strike.
NPCI chief Dilip Asbe says 75% of India's 60 million UPI merchants have never crossed Rs 2,000 per transaction, so the new MDR will not affect them.
IRDAI proposes a three-tier distribution structure, lower expense limits and commission changes to cut costs and curb mis-selling in insurance.
NPCI CEO Dilip Asbe says only about 10 per cent of UPI MDR collections carry a risk of being passed to consumers, as most merchants stay outside the charging net.
RBI will auction six government securities worth Rs 25,000 crore on September 28, the last leg of its Rs 1 lakh crore OMO sale programme to drain surplus liquidity.
RBI Deputy Governor Poonam Gupta says the rupee's 13.1% fall may be temporary, with a fair case for the INR to stabilise or even appreciate from current levels.
SBI Chairman CS Setty says renewables, semiconductors, battery storage and green hydrogen will shape the next wave of global investment, with banks enabling scale.
Finance Ministry says all public sector and regional rural banks will function normally on Sunday, September 27, ahead of the proposed September 28-30 strike.
Ministry of Finance says public sector and regional rural banks will function normally on September 27 before the proposed September 28-30 nationwide bank strike.
RBI's Supervisory Data Quality Index for scheduled commercial banks rose to 93.3 in June 2026 from 90.7 in March, led by a sharp jump in data accuracy.
RBI issues Amendment Directions, 2026, revising valuation norms for InvIT and REIT units held by all-India financial institutions, effective immediately.
Jefferies says bank credit growth hit 19% year-on-year as of August 31 while deposit growth rose to 18%, with system liquidity surplus near Rs 5 trillion.
NPCI says UPI transactions up to Rs 2,000 carry zero MDR and zero GST, with over 96% of merchant payments unaffected by the new framework.
NPCI says UPI payments up to Rs 2,000 carry zero MDR and zero GST, and merchants with monthly receipts up to Rs 1 lakh are not liable to pay MDR.
Deloitte's Rumki Majumdar says rising US yields and food inflation may push the RBI to raise rates by December, even as strong credit growth argues against it.
The RBI accepted the full Rs 25,000 crore on offer in its second OMO sale tranche, with bids of Rs 84,982 crore, as FCNR(B) inflows lift banking liquidity.
Centre says PLI scheme kept in abeyance and the five-day workweek demand is under examination, as it seeks uninterrupted banking services.
Finance Ministry says the PLI scheme has been kept in abeyance and urges public sector and regional rural bank employees to resolve demands through dialogue.
RBI data shows forex inflows under its special USD-INR swap facility rose to USD 143.6 billion, led by higher FCNR(B) deposits and ECB inflows.
RBI accepted Rs 25,000 crore of bids in its second OMO sale, with total bids at Rs 84,982 crore. Surplus liquidity stood near Rs 6.05 lakh crore on September 20.
