RBI

Fintech Brief — June 03, 2026 India-Cambodia Launch Cross-Border QR Payments via UPI India’s UPI has added another international corridor. On June 2, NPCI International Payments Limited (NIPL) and Cambodia’s ACLEDA Bank officially launched Phase 1 of the India-Cambodia cross-border QR code payment linkage at a ceremony in Phnom Penh, presided over by Cambodia’s central bank governor and an RBI representative. In this first phase, Indian travellers can scan Cambodia’s KHQR codes to make payments directly from their UPI-enabled apps. This builds on NIPL’s expanding international footprint — UPI linkages are already live with Sri Lanka, Nepal, UAE, Singapore, Mauritius, and others under India’s DPI diplomacy push. ...

Fintech Weekly Deep Dive — Cash Withdrawals Surge & RBI Liquidity Challenge | Week of May 10-17, 2026 Executive Summary India’s central bank is confronting an unexpected and potentially significant development: cash withdrawals are surging at rates that threaten to undermine liquidity management, with currency in circulation hitting a record ₹42.3 trillion ($640 million increase in just 15 days). This trend runs counter to the narrative of digital payment dominance and suggests that India’s payment landscape remains more nuanced than commonly portrayed. The RBI’s liquidity surplus—currently averaging around 1% of deposits—faces the risk of rapid erosion as cash withdrawals accelerate, potentially forcing monetary policy recalibrations at a time when the central bank is already grappling with inflationary pressures from elevated oil prices and geopolitical instability. For fintech companies, this trend presents both challenges and opportunities: cash remains a critical fallback payment method for millions of consumers, particularly in rural and semi-urban areas, while digital-first players must adapt to a more complex liquidity environment that blurs the line between cash and digital payment ecosystems. ...

Fintech Weekly Deep Dive — KreditBee Unicorn + India’s Lending Reboot | Week of April 5-12, 2026 Executive Summary India’s digital lending sector marked a decisive turnaround this week as KreditBee joined the unicorn club with a $280 million Series E funding round, achieving a $1.5 billion valuation1. The fundraise — co-led by Hornbill Capital, MUFG-backed Dragon Funds, and Motilal Oswal Alternates — represents the largest single financing for an Indian lending startup in 2026 and signals a clear inflection point for a sector that endured over two years of regulatory scrutiny and funding drought2. ...

Welcome to Cashless Watch, where we watch the cashless future unfold—so you don’t have to. 📰 The Future Headlines “Youth Credit Score Drops to 450 After Stacking 47 BNPL Plans Across 12 Apps” “RBI Fines LazyPay ₹12 Crore for ‘Zero Interest’ Loans That Cost ₹8,000 in Hidden Fees” “Woman’s Loan App Accesses Her Gallery, Finds Evidence of ‘Financial Irresponsibility’” “Government Launches ‘Fintech Literacy’ Program: Now Mandatory in Schools” The Interest-Free Prison A citizen’s memoir from the year of free credit ...

Fintech Weekly Deep Dive — RBI’s New Fraud Protection Framework | Week of March 9, 2026 Executive Summary The Reserve Bank of India has unveiled its most significant consumer protection overhaul for digital banking in nearly a decade. Announced on March 8, 2026, the draft Third Amendment Directions, 2026 introduce a landmark compensation mechanism that will provide up to 85% reimbursement (capped at Rs 25,000) for victims of small-value digital banking frauds involving amounts up to Rs 50,000. This one-time benefit, available once per customer lifetime, represents a paradigm shift in how India’s financial regulator approaches consumer protection in an era of rapid digital payment adoption. 1 ...

Fintech Brief — March 9, 2026 Today’s Top Stories 1. RBI & Digital India BHASHINI Partner for Multilingual Banking AI The Reserve Bank of India (RBI) and the Digital India BHASHINI Division have signed an MoU to co-develop ‘Banking BHASHINI’ — a multilingual AI language model for India’s financial services sector. Key Applications: Multilingual chatbots for customer support Voice-enabled banking assistants IVR systems for scheduled commercial banks, cooperative banks, and regional rural banks The model aligns with the National Language Translation Mission and India’s AI governance framework. ...

RBI — Reserve Bank of India: Complete 101 Guide Last updated: March 2026 What is RBI? The Reserve Bank of India (RBI) is India’s central bank, established on April 1, 1935. It regulates the country’s monetary policy, issues currency, and ensures financial stability. RBI is analogous to the Federal Reserve in the USA or the Bank of England in the UK. Key Facts Founded: April 1, 1935 Headquarters: Mumbai, Maharashtra Governor: Sanjay Malhotra (2026) Currency: Indian Rupee (₹/INR) Priority: Price stability, financial inclusion Functions of RBI 1. Monetary Policy RBI controls the money supply and interest rates to maintain price stability. ...

Daily Indian Fintech & Banking Brief – 8 March 2026 RBI Proposes New Digital Banking Fraud Protection Rules: The Reserve Bank of India (RBI) has proposed new regulations effective from July 1, 2026, to enhance customer protection against digital banking fraud. The draft Third Amendment Directions, 2026, cover UPI payments, internet banking, mobile banking, and card transactions. Key highlights include clearer definitions of authorized vs. unauthorized transactions, with transactions using fraudulently obtained credentials or those executed under coercion deemed fraudulent. Customers must report fraud within 5 days to both their bank and the National Cyber Crime Helpline (1930) to be eligible for compensation. A compensation mechanism provides up to 85% of losses (or Rs 25,000, whichever is lower) for frauds up to Rs 50,000, available once in a customer’s lifetime. The RBI has invited public feedback on these proposals until April 6, 2026. Read more: Money Control ...

Daily Indian Fintech & Banking Brief – 6 March 2026 TCS Eyes More AI Data Centers in India: Tata Consultancy Services is in advanced talks with multiple hyperscalers for additional AI data center partnerships in India, following its recent OpenAI deal. CEO K Krithivasan said India will need about 10 gigawatts of AI data center capacity by 2030, while only 5-6 GW have been announced so far. TCS plans a $7-8 billion investment for infrastructure including racks, connectivity, power, and cooling. The company aims to offer end-to-end AI services including infrastructure, model training, agents, and application intelligence to its banking clients. Read more: Business Standard ...

Daily Indian Fintech & Banking Brief – 5 March 2026 PhonePe still plans an April IPO at a $9-10.5 billion valuation while Walmart trims about 12% of its stake, Tiger Global and Microsoft look to exit, and the company hopes to raise roughly $1.05 billion even as it waits for market and geopolitical cues. Read more: Economic Times Moneyview filed a DRHP for a Rs 1,500 crore fresh issue plus an offer-for-sale, citing Rs 2,379 crore of FY25 revenue, Rs 240 crore of net profit, and stronger 9MFY26 results, and saying the proceeds will back Default Loss Guarantee loans, beef up Whizdm Finance and cover general corporate purposes. Read more: Economic Times ...