2025-08-06Niranjan Ghatule
RBI Governor Sanjay Malhotra addresses key concerns on rising NPAs in the MFI sector, NBFC lending practices, and digital fraud during a post-Monetary Policy interaction. He highlights the RBI's commitment to financial inclusion, clarifies the stability of the banking sector's asset quality, and updates on the progress of the Mule Hunter initiative aimed at fraud prevention and recovery.
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2025-03-19Niranjan Ghatule
The Indian Cabinet has approved a ₹1,500 crore incentive scheme to promote BHIM-UPI transactions up to ₹2,000 in FY25. This initiative aims to boost digital payments, particularly small-value transactions, making them more accessible and cost-effective for users and merchants. The scheme is part of the government's broader push toward a cashless economy and financial inclusion.
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