Category : Banking


UPI One World Pilot for AI Summit Delegates Launched

NPCI extends UPI One World wallet service as a pilot for international delegates at India AI Impact Summit 2026, enabling foreign visitors from 40+ countries to make UPI payments without Indian bank accounts or mobile numbers.

PSU Banks Fined Rs 8,621 Crore for Minimum Balance Lapses

A parliamentary committee report discloses that public sector banks in India collected Rs 8,621.12 crore in penalties over five years for customers not maintaining minimum balances, with Uttar Pradesh leading at Rs 1,233.97 crore.

Bank Credit Outpaces Deposits, CD Ratio Hits 96.9% in FY26

Bank credit growth accelerated to a 19-month high of 14.6% by January 2026, sharply outpacing deposit growth and tightening system liquidity. The incremental credit-deposit ratio reached 96.9%, indicating banks lent nearly Rs 97 for every Rs 100 of fresh

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