MUMBAI: The govt on Friday said that it plans to borrow Rs 8.2 lakh crore between April and Sept this year under its Budget-approved borrowing programme, roughly half of the Rs 16.2 lakh crore in total. The borrowing for the first half of fiscal 2027 would be spread over 26 weekly auctions with about 25%…

Bank holidays can be quiet confusing sometimes as they differ from state to state in the country, depending on the occassions and local festivals. Since holidays are determined by a mix of national events and regional festivals, there is no single calendar followed uniformly by bank branches across the country. As April has just began,…

In a bid to curb the growing digital payment frauds, the Reserve Bank of India had put out a discussion paper proposing a range of new safeguards, including delays on certain fund transfers, added checks for vulnerable users, limits on suspect accounts, and an emergency mechanism for customers to instantly block transactions. The central bank…