Rupee Hits Record Low: Why It’s Happening and What It Means for Your Money The Indian Rupee (INR) has been in the headlines for a concerning reason: it recently plunged to an all-time low against the U.S. dollar, touching 88.44. This milestone isn’t just a number on a trading screen; it has real-world consequences for…
Category: News
Stay updated with the latest news and updates from Indian financial markets, banks, IFSC code changes, RBI announcements, digital banking trends, and tax-related insights. Explore in-depth articles, guides, and daily updates to keep track of the rapidly evolving world of banking and finance in India.
New UPI Limits from Sep 15: Transfer up to ₹10 Lakh! Check New Rules
UPI Limits Skyrocket to ₹10 Lakh! How to Use the New Rules from September 15 for Big-Ticket Payments The world of digital payments in India is about to undergo a monumental shift. In a move that reflects the incredible growth and trust in the Unified Payments Interface (UPI), the National Payments Corporation of India (NPCI)…
Decoding the GST-Led Consumption Boost: How India’s Tax Reform is Fueling Market Optimism
GST-led Consumption Boost As the Indian stock market continues its upward trajectory, with the Nifty crossing the 25,000 mark intraday and the Sensex showing robust gains, analysts are pointing to a confluence of positive factors. Alongside strong domestic macros and favorable global cues, one phrase is increasingly being cited as a key driver of this…
RBI Overhauls Credit Rules: Understanding the New Draft on RBI Non-Fund Based Credit Facilities
RBI Overhauls Credit Rules: The Reserve Bank of India (RBI), in its role as the vigilant guardian of the nation’s financial system, has initiated a significant regulatory overhaul by releasing a draft framework titled “Reserve Bank of India (Non-Fund Based Credit Facilities) Directions, 2025”. This proposal, issued in April 2025 and currently open for public…
UPI Transaction Limit Soars to ₹10 Lakh for Key Payments: What You Need to Know!
Introduction In a landmark move set to redefine high-value digital transactions in India, the National Payments Corporation of India (NPCI) has announced a significant increase in Unified Payments Interface (UPI) transaction limits for specific categories. Starting September 15, 2025, users will be able to make payments of up to ₹5 lakh per transaction and an…
RBI’s New Guidelines for ₹500 Note in 2025: How to Spot a Fake and What’s Changed
Introduction The Reserve Bank of India (RBI) has issued fresh guidelines for the ₹500 currency note in 2025, introducing enhanced security features and clarifying rules for its use. As the ₹500 note is a cornerstone of daily transactions for millions of Indians, understanding these updates is crucial for everyone. This move is part of the…
UPI Transaction Limits Soar to ₹10 Lakh Daily from Sept 15: What You Need to Know
Introduction The National Payments Corporation of India (NPCI) is set to revolutionize high-value digital transactions with a significant increase in Unified Payments Interface (UPI) transaction limits, effective September 15, 2025. This much-anticipated move is designed to cater to the growing demand for larger payment capabilities, making it easier for individuals and businesses to conduct high-value transactions…
Next-Gen GST Reforms Kick in Sept 22: What Gets Cheaper and How It Impacts Your Wallet
Introduction In a landmark move aligning with Prime Minister Narendra Modi’s vision for “Next-Generation” tax reforms, the GST Council has announced a comprehensive overhaul of the Goods and Services Tax (GST) structure. Set to take effect from September 22, 2025, just in time for the festive season, these changes are poised to significantly impact household budgets…
RBI’s September Savings Account Guidelines: What Indian Customers Should Know
Introduction September brings significant changes for all Indian savings account holders. RBI’s new savings account rules / guidelines simplify interest rates, penalty structures, and digital banking transparency, making financial discipline easier for millions—especially those using IFSC codes for faster transactions. What Changed—and Why? Effective September 1, RBI harmonized interest rate calculation across banks. Instead of…
GST Notices and UPI – Traders Take to Cash, RBI Responds
Introduction Recent GST reforms in India have created a stir among small traders—especially those using UPI. In places like Bengaluru, merchants are reverting to cash, trying to avoid new GST notices linked to their digital transactions. RBI’s response and new compliance norms mark a critical moment for India’s banking sector and those seeking IFSC codes…









