by OverviewFX | May 29, 2025 | Politics
Indian payment and settlement systems record 34.8% increase in volumes, led by RTGS transactions~Samriddhi Singh Mahar India’s payment and settlement systems recorded strong growth in 2024-25, with transaction volumes rising by 34.8%, following a 44% increase in the...
by OverviewFX | May 29, 2025 | Politics
RBI data shows growing reliance of Indian households on financial liabilities~Samriddhi Singh Mahar Recent data from the annual report by the Reserve Bank of India (RBI) reveals a marked increase in the financial liabilities of Indian households. As a share of Gross...
by OverviewFX | May 29, 2025 | Politics
Parliamentary panel flags ‘ambiguities’ in Insolvency and Bankruptcy CodeNew Delhi, A parliamentary committee on Thursday flagged “ambiguities” in the Insolvency and Bankruptcy Code (IBC), with sources saying that the government appeared to be...
by OverviewFX | May 29, 2025 | Politics
Fraud amount jumps 3 times in FY25, public sector banks hit moreMumbai, The overall number of frauds, including those related to loan accounts and digital payments, jumped by three times in FY25, primarily due to reclassification of 122 cases as per a Supreme Court...
by OverviewFX | May 29, 2025 | Politics
RBI sees positive outlook for India’s economy in 2025-26 driven by consumption and capital spendingThe Indian economy is expected to maintain a promising outlook in 2025-26, supported by several positive factors, according to the Reserve Bank of India’s (RBI) annual...
by OverviewFX | May 29, 2025 | Politics
Mumbai, The size of the Reserve Bank’s balance sheet as on March 31, 2025 increased by 8.20 per cent year-on-year, leading to a bumper dividend of Rs 2.69 lakh crore for the central government.Increase on assets side was due to rise in gold, domestic investments...
