RBI Raises Repo Rate to 5.50% and Puts Home Loan EMIs in Focus
The Reserve Bank of India raised the repo rate by 25 basis points to 5.50% on October 7, 2026—its first rate hike in almost four years. If your floating-rate home loan is
HDFC Bank Appoints Anup Bagchi as CEO: First Outsider from ICICI Group as Stock Slides 27%
A 34-Year ICICI Career Lands at HDFC Bank’s Door HDFC Bank has appointed Anup Bagchi as its new MD and CEO, effective October 27, 2026. The appointment, approved by the Reserve Bank of India on October 1, marks the first
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
₹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
HDFC Bank faces US class action; 75 Dubai investors allege $13.5M mis-selling
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 Jwalant Natvarlal Soneji and names chief executive Shashidhar
Sunita Somvanshi
India’s Plastic Money Revolution: How Polymer Notes Could Change Your Wallet
The RBI will trial polymer ₹10 and ₹20 notes from FY28 after approving 2 billion pieces. What plastic currency means for India's wallets.
Rahul Somvanshi