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The Reserve Bank of India (RBI) has updated its framework to limit customer liability in unauthorized electronic banking transactions, first established in 2017. With advancements in technology, the RBI has introduced new directives, including a compensation mechanism for small-value fraudulent transactions and advanced AI tools for identifying mule accounts and
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Through amendments to the Banking Regulation Act and the Multi–State Cooperative Societies Act, 2002, the Reserve Bank of India (RBI) and National Bank for Agriculture and Rural Development (NABARD) have taken significant steps to reinforce governance, transparency, and accountability in cooperative banks. These amendments introduce a ten-year term limit
RBI
The Reserve Bank of India (RBI) has kept the repo rate unchanged at 5.50% while revising India's GDP growth forecast for FY 2025-26 to 6.8%, up from 6.5%. The CPI inflation forecast has been lowered to 2.6% from 3.1%. Additionally, India's
Cooperative Banks
As of August 2025, there are 1,457 Urban Cooperative Banks, 34 State Cooperative Banks, 351 District Central Cooperative Banks, and one Industrial Cooperative Bank in India, all supervised by RBI and NABARD. The report includes details on loans sanctioned by these banks since 2020, with specific data for Telangana.
RBI
The Reserve Bank of India (RBI) has mandated that banks communicate with customers in their preferred languages, ensuring clarity and convenience. All customer-facing materials must be available in Hindi, English, and regional languages. The RBI's grievance redressal mechanisms, including the Integrated Ombudsman Scheme and a toll-free contact center,
financial literacy
The National Bank for Agriculture and Rural Development (NABARD) and the Reserve Bank of India (RBI) have launched initiatives to promote financial literacy among rural populations, establishing 2,421 Financial Literacy Centres (FLCs) nationwide. The definition of microfinance loans has been simplified, easing restrictions on loan amounts and terms. Additionally,
digital payments
The Government, along with the Reserve Bank of India (RBI) and the National Payment Corporation of India (NPCI), is implementing various initiatives to enhance digital payment transactions and ensure financial inclusion. Key measures include promoting RuPay Debit Cards, supporting low-value BHIM-UPI transactions, and establishing the Payments Infrastructure Development Fund (PIDF)
digital payments
The Indian digital payment landscape has seen over 65,000 crore transactions amounting to more than Rs. 12,000 lakh crore in the last six financial years. The government, in collaboration with various stakeholders, has worked to enhance digital payment adoption, especially in underserved areas. Initiatives like the Payments Infrastructure
Inflation Control
The Government of India and the Reserve Bank of India (RBI) have taken significant monetary and fiscal measures to control inflation and alleviate its impact on citizens. Recent data shows a decline in inflation rates, with CPI inflation remaining within the RBI's target range. Key measures include increasing
NPAs
The Ministry of Finance reports a substantial decrease in gross non-performing assets (NPAs) of public sector banks, dropping from 9.11% in March 2021 to 2.58% by March 2025. This decline is attributed to comprehensive reforms by the Government and the Reserve Bank of India (RBI), including changes in
TRAI
The Telecom Regulatory Authority of India (TRAI) has initiated a pilot project for digital consent management in collaboration with the Reserve Bank of India (RBI) and select banks. This project aims to address the issue of spam complaints by enabling businesses to obtain and verify consumer consent digitally, thus enhancing