RBI’s Proposal for Risk Weight Rationalisation and Credit Growth, ETCFO

The Reserve Bank of India’s proposal to rationalise risk weights under Basel-III norms is expected to unlock significant capital for banks, but the impact on credit growth may remain limited in the near term due to subdued loan demand. The broad-based reduction in risk weights across asset classes, including mortgages, MSME loans, corporate credit, and project […]

RBI Same-Day Cheque Clearance Framework Deadline Stands for January 2026, ETCFO

The Reserve Bank of India’s (RBI) same-day cheque clearance framework will stick to it’s deadline. Starting January 2026, banks will clear cheques within three hours, marking the second phase of the RBI’s same-day cheque clearing framework. The move aims to reduce settlement times and improve operational efficiency for businesses that continue to rely on cheques despite […]

India, Brazil explore trade boost amid US tariff hike, ETCFO

India and Brazil have held discussions on ways to boost bilateral trade and investment in the backdrop of the Trump administration’s increase in import tariffs. Officials of the two nations met here on Tuesday under the India-Brazil Trade Monitoring Mechanism (TMM) to discuss the fallout of the additional US tariffs. The TMM mechanism provides a platform […]

India’s financial conditions stable, another rate cut likely this fiscal: Crisil, ETCFO

New Delhi, India’s financial conditions remained stable in September, unchanged from August, a report said on Friday, adding that the RBI may reduce the repo rate in its upcoming meetings. According to Crisil’s Financial Conditions Index (FCI), factors such as marginal improvement in bank credit growth and softer lending rates, a mild rise in the equity […]

India proposes to open up power retail sector to private cos, draft bill shows, ETCFO

NEW DELHI -India plans to open up its electricity retail market for private companies, ending the dominance of state-run distributors in some states, according to draft regulations proposed by the federal power ministry. The move will allow private companies such as Adani Power, Tata Power, Torrent Power and CESC to strengthen their presence in the country. […]

UK-India partnership to boost cooperation between London Stock Exchange and GIFT City, says PM Modi, ETCFO

UK-India partnership will open cooperation avenues between London Stock Exchange and GIFT City, says PM Modi India’s Prime Minister Narendra Modi on Thursday said that the UK-India partnership will open new avenues for cooperation between the London Stock Exchange (LSE) and India’s GIFT City, the country’s maiden International Financial Services Centre in Gandhinagar, Gujarat, with a […]

India rolls out pilot for e-commerce payments via ChatGPT, ETCFO

India’s payments regulator, the National Payments Corporation of India (NPCI), has teamed up with fintech company Razorpay and OpenAI, backed by Microsoft, to introduce AI-driven payments on ChatGPT, the companies announced on Thursday, Reuters has reported. Currently in a pilot phase, the initiative will enable users to make purchases through ChatGPT, powered by India’s homegrown Unified […]