RBI Rejects Jana SFB’s Universal Bank Licence Bid: What’s Next?

RBI

RBI Returns JSF Bank’s Universal Bank Licence Application: What It Means for the Sector In a significant development for India’s banking sector, the Reserve Bank of India (RBI) has returned the application of Jana Small Finance Bank (SFB), which had sought to transition into a Universal Bank. The RBI’s decision, made under the “Framework for … Read more

RBI Exempts SWAMIH Fund from AIF Rules | Real Estate Revival Boost 2025

SWAMIH FUND

RBI Exempts SWAMIH Fund from AIF Investment Rules: A Strategic Boost for Stalled Real Estate Projects In a significant regulatory move, the Reserve Bank of India (RBI) has granted an exemption to the SWAMIH Fund (Special Window for Affordable and Mid-Income Housing) from the tightened investment norms applicable to Alternate Investment Funds (AIFs). This decision … Read more

RBI Digital Rupee Wallet Limit | No Minimum Balance Rule

RBI

RBI Sets Digital Rupee Wallet Rules: No Minimum Balance, ₹1 Lakh Limit The Reserve Bank of India (RBI) has outlined a clear operational structure for users of its newly launched Offline Digital Rupee (e₹) wallets. The central bank confirmed that wallets will carry no minimum balance requirement, while daily transactions are capped at ₹50,000 or 20 transfers, and wallet balances cannot exceed … Read more

RBI Offline Digital Rupee Launched | Pay Without Internet

RBI

RBI Launches Offline Digital Rupee: Make Payments Without Internet The Reserve Bank of India (RBI) has taken a landmark step in India’s digital payment ecosystem by officially launching the Offline Digital Rupee (e₹) at the Global Fintech Fest 2025 held in Mumbai. This revolutionary digital currency by the central bank enables users to make secure, instant payments even without … Read more

RBI HaRBInger 2025 Hackathon | Secure Banking Innovation

RBI

The Reserve Bank of India (RBI) has officially launched the fourth edition of its Global Fintech Hackathon – HaRBInger 2025: Innovation for Transformation, an initiative aimed at promoting secure, technology-driven, and inclusive financial solutions. The announcement was made on October 23, 2025, marking a continuation of the RBI’s commitment to nurturing innovation in the banking and financial ecosystem.​ This … Read more