RBI Archives - Karmactive

B. Sriram speaking at the SBI-PayPal digital payment ecosystem agreement signing ceremony in Kolkata, representing India's evolving payments landscape.

September 15, 2026

UPI Charges Above ₹2,000: What the Gazette Notice Actually Means

If you regularly make UPI payments above ₹2,000 — whether you are paying rent, splitting a bill, or sending money to family — the short answer is: no, you will not automatically

Exterior view of the modern multi-story Punjab National Bank corporate headquarters building.

Business·India·News

₹17 Crore in Fake ₹500 Notes Found in a PNB Vault — Three Managers Suspended, SIT Probes RBI Controls

The discovery of counterfeit currency inside the secured vault of a Punjab National Bank branch in Saharanpur, Uttar Pradesh, has triggered a Special Investigation Team inquiry and First Information Reports against bank officials. What makes this case unusual is not

September 3, 2026

HDFC Bank faces US class action; 75 Dubai investors allege $13.5M mis-selling

Business·Policy

A federal securities class-action lawsuit has been filed against HDFC Bank in the Southern District of New York. The case was brought by investor

India’s Plastic Money Revolution: How Polymer Notes Could Change Your Wallet

Environment·India·Sustainability·Technology

The RBI will trial polymer ₹10 and ₹20 notes from FY28 after approving 2 billion pieces. What plastic currency means for India's wallets.