RBI
Why India's Central Bank is Proactively Stimulating the Economy
Why is the RBI cutting rates when the economy looks good? It's a strategic move to address hidden household debt, boost private investment, and secure sustained, inclusive growth amidst global uncertainties. With inflation benign, the central bank is proactively injecting liquidity to alleviate financial stress and ensure India's economic resilience.
PayU India Achieves Significant Growth: Revenue Climbs 12% to ₹4,300 Crore in FY25
PayU India saw its revenue jump 12% to ₹4,300 crore in FY25, driven by a 14% rise in payment volumes across key sectors. Its payments business broke even in H2 FY25, a major milestone. With a new RBI payment aggregator license, PayU is set to expand further in India's booming digital payments market.
India's Economy Demonstrates Resilience, Sustaining Growth Amid Global Headwinds
India's economy defies global uncertainties, achieving robust 7.4% GDP growth in Q4 FY25! Driven by services and construction, with inflation easing to 3.2%. A resilient performance with strong public investment and supportive RBI policies, painting a bright picture for India's economic future.
Report: Indian banks need AI, privacy tech for urgent DPDP Act compliance.
A Protiviti report highlights the urgent need for Indian banks to adopt AI and privacy technologies (PETs) to comply with the DPDP Act. As "Significant Data Fiduciaries," banks must implement "privacy-by-design" principles, re-engineer functions like KYC and consent management, and leverage AI for scalable compliance and efficiency. The report stresses continuous adaptation, robust data governance