RBI named as most innovative financial institution globally by Global Finance
The Reserve Bank of India (RBI) has been named as the Most Innovative Financial Institution globally in Global Finance’s prestigious 2025 Innovators list, the central bank announced in a post on X (formerly Twitter). With this, the RBI becomes the first central bank to win this award.  

RBI’s Rs 80K-crore infusion via OMOs raises rate-cut hopes
Reserve Bank of India’s (RBI) massive liquidity infusion has fuelled expectations of a repo rate cut on Wednesday.

RBI MPC Meeting 2025 Live Updates: Guv Sanjay Malhotra expected to announce a 25 bps cut on growth concerns, cooling inflation
RBI Monetary Policy, MPC Meet 2025 Live Updates: The Reserve Bank of India’s (RBI) Monetary Policy Committee has now entered its third day of deliberations on the key interest rate and is all set to announce the decision today (April 9).  The MPC had begun its three-day deliberations on April 7 and RBI Governor Sanjay Malhotra will deliver his speech at 10 am today. This is the first meeting of the financial year 2025-26 (FY26) and second in the calendar year. 

RBI MPC may cut repo rate by 25 bps in April, Keki Mistry says
The Reserve Bank of India’s (RBI) monetary policy committee (MPC) may cut benchmark repo rate by 25 basis points (bps) on April 9, and follow it up with another 25 bps rate cut in the current calendar year, former HDFC vice-chairman and CEO Keki Mistry told tells businessline in an interaction.

'One state-one RRB' to be effective from May 1 as FinMin approves consolidation of 15 regional rural banks
DFS notifies amalgamation of 26 RRBs under ‘One State One RRB’ policy
The Statesman

RBI Policy: Repo rate may be cut again by 25 bps — know how much your home loan EMI could go down
The Reserve Bank of India (RBI) will announce its first bi-monthly monetary policy decision of the new financial year on April 9. In the previous meeting of the RBI’s Monetary Policy Committee (MPC) held in February this year, the apex bank’s rate-setting panel decided to cut the key benchmark rate by 25 basis points (bps), bringing it to 6.25%. Now again, it is widely expected that the RBI will slash the repo rate by a similar margin tomorrow.

Banks’ NPAs to rise in FY26 on retail stress; NIM to moderate, says ICRA
Mumbai: After showing improvement in asset quality in FY25, Indian banks’ non-performing asset (NPAs) ratio will likely rise in FY26 due to stress in unsecured retail and small business loan segment and as recoveries and upgrades moderate, ICRA Ratings said in a webinar on Tuesday. The rating agency said banks’ GNPA ratio, which moderated to a decadal low of 2.5 per cent in Q3FY25, could rise to 2.6 per cent in Q4, and 2.8 per cent by FY26-end. Meanwhile, the net NPA ratio is expected to stay range bound at 0.6 per cent between FY25 and FY26.

Poonawalla Fincorp launches shopkeeper loan business for small retailers
Mumbai: Poonawalla Fincorp Limited (PFL), a non-banking finance company promoted by the Cyrus Poonawalla Group, announced the launch of its Shopkeeper Loan Business on April 8, 2025. The new offering aims to provide tailored financial solutions to small retailers and kirana stores across India.

Jana Small Finance Bank jumps 9% as Nuvama sees upside potential
Bengaluru: Shares of Jana Small Finance Bank jump 9 per cent on Tuesday as banking stocks witnessed significant gains driving market rally. Nuvama PCG initiated coverage on the bank with buy rating at a target price of ₹600, cheering the attractive valuations, expected stability in return ratios and better asset quality.

Investor confidence rises as mature fintechs attract $227 million in Q1 funding
Bengaluru: The late-stage funding for fintech start-ups surged 47 per cent to $227 million in Q1 2025, up from $154 million in the previous quarter, signalling renewed investor confidence in mature fintech players, according to data from Tracxn. The rebound comes amid a cautious funding environment overall, suggesting that investors are selectively backing scaled fintechs with clear paths to profitability, strong regulatory alignment, or IPO potential.

Fintech start-ups funding drops by 35% to $366 million in Q12025
Bengaluru: Macroeconomic challenges and geopolitical headwinds have resulted in decline of fintech funding in Q1 calendar year 2025 (January-March). The first quarter of 2025 witnessed a total funding of $366 million, a decrease of 35% compared to $571 million raised in the same quarter last year. The fintech sector raised similar funding ($365 mn) in Q4 2024, according to market intelligence platform Tracxn.

Payment pains: UPI outages traced to tech glitches, backend failures
 

Zerodha CEO Nithin Kamath’s stark warning for Indian stock market: ‘If markets fall sharply, investors might…’
Zerodha co-founder and chief executive officer (CEO) Nithin Kamath shared a stark warning for the Indian stock market amid the current bloodbath: ‘If markets fall sharply, investors might stay out of the market for years—just like they did after the 2008 global financial crisis.’ According to data shared by Kamath in a post on ‘X’ (formerly Twitter), India's net flows into equity-oriented mutual fund (MF) schemes dipped sharply between 2008 and 2014.

Companies may fare better than expected: NSE CEO Ashishkumar Chauhan
 

Union AMC plans SIF, AIF, and GIFT City foray, says CEO Madhu Nair
Union Asset Management Company (AMC) will soon enter the specialised investment fund (SIF), alternative investment funds (AIFs), and the GIFT City in a bid to expand beyond the traditional mutual fund (MF) space, Madhu Nair, its chief executive officer (CEO) said. The AMC, which manages around ₹20,000 crore in its MF schemes, has set a ₹1 trillion assets under management (AUM) target for the next 5 years.

Now get mutual fund KYC done at your home – India Post brings special service
Now you do not need to go to the bank or center to invest in mutual funds. India Post has launched a new facility in collaboration with Nippon India Mutual Fund, in which KYC (Know Your Customer) verification will be done at your doorstep.

ACME Capital announces first close of Rs.100 Crore Venture fund- A milestone for startups
New Delhi: ACME Capital Venture Fund, a Rs.100 Crore fund managed by ACME Finvest--the investment arm of the renowned ACME Group--has achieved a significant milestone, setting the stage for transformative changes in India's venture capital ecosystem. With its SEBI Registration Number IN/AIF1/24-25/1767, this fund is poised to channel strategic investments into early-stage startups, creating ripples across the entrepreneurial landscape.

Global PE firms line up to acquire PAG’s stake in Nuvama Wealth
Mumbai: A number of private equity firms, including KKR, Bain Capital, Advent International, and ChrysCapital, are looking to acquire APAC-focused private asset manager PAG’s majority stake in Nuvama Wealth Management, sources said. PAG, which acquired a controlling stake in Nuvama Wealth in FY21, is exiting its investment, and sources said it was seeking a valuation in the range $1.7-2 billion. They added that the first option being explored by the firm was to exit its stake entirely, either by selling to a PE firm or to a strategic investor with deep enough pockets to buy it.

Satish Chavva appointed CEO of Oman India Joint Investment Fund
 

REC raises Rs 2,625 crore through 15-year bonds at coupon rate of 7.02%
State-owned REC Ltd on Tuesday raised Rs 2,625 crore through 15-year bonds at a very attractive coupon rate of 7.02 per cent, according to sources. It was eyeing Rs 3,000 crore but retained Rs 2,625 crore. Even the National Bank for Financing Infrastructure and Development (NaBFID) earlier this week raised Rs 4,240 crore through 10-year bonds at 7.04 per cent. Additionally, it raised Rs 1,469 crore through 5-year bonds at 7.03 per cent.