Unified banking-investment integration enabling combined savings, trading and demat accounts under applicable banking and securities regulation.
The partnership launches an integrated 3 in 1 Savings and Investment Account combining zero balance savings, broking and a demat account under applicable banking and depository regulation, featuring unified fund flows with T+1 trade payout crediting, automated interest reinvestment into ETFs via SIPs, flat trading fees, lifetime free demat servicing, digital onboarding, and margin trading with leverage to broaden retail investor access and support financial inclusion.

In-principle approval for conversion to universal bank enables AU SFB to expand into full banking operations under RBI framework.
The Reserve Bank granted in-principle approval to AU Small Finance Bank to convert to a universal bank under the RBI 'on tap' licensing guidelines and the April 2024 voluntary conversion framework; AU submitted its application on September 3, 2024, and this is the first such in-principle approval given to a Small Finance Bank, authorising the bank to undertake steps toward becoming a full-service universal bank subject to applicable conditions.

Tariff penalties on imports weaken currency, prompting market volatility, central bank caution and foreign investor outflows.
US-imposed additional import duties on purchases of Russian oil, reportedly reaching up to 50 per cent on select Indian exports, have weakened market sentiment, spurred foreign investor selling, and pressured the rupee, while a weak US dollar and lower oil prices intermittently supported the currency. The central bank kept policy rates unchanged and retained a neutral stance, and analysts forecast a defined near term USD INR trading range with tariff uncertainty, equity weakness, and capital outflows as the main transmission channels to exchange rate volatility.

International credit rating above sovereign level signals strong parent support and robust capitalization for SMFG India Credit.
CareEdge Global assigned SMFG India Credit a Long Term Foreign Currency Issuer Rating of A/Stable two notches above India's sovereign rating, citing 100% parent ownership by SMFG, timely capital infusions, adequate capitalization, diversified funding, experienced leadership, robust liquidity, and strong risk management, while noting the company's primary operations are India focused and it is an NBFC ICC registered with the Reserve Bank of India.

Handloom roadmap to guide sustainable development of Assam's handloom sector, aligning skilling and GI facilitation with market measures.
NABARD, in collaboration with IIT Roorkee, is preparing a Handloom Roadmap for Assam to provide strategic guidance for sustainable, long term development of the state's handloom sector. Existing NABARD support measures-skilling, rural enterprise promotion, marketing infrastructure, formation of Weavers Producer Organisation (OFPO), grant assistance, and facilitation of Geographical Indication registration-are identified as operative components to be aligned with the roadmap and sectoral needs reflected in the Handloom Census.

NBFC deposit taking status: Bajaj Finance offers EMI appliance financing while operating as an RBI registered NBFC ICC.
Bajaj Finance Limited is a deposit taking NBFC classified as an NBFC Investment and Credit Company that accepts public and corporate deposits and offers lending across retail, SME and commercial customers. The company markets consumer financing products tied to retail sales-notably Easy EMI plans, zero down payment options, cashbacks and combo deals for home appliances and electronics-while disclosing that product features, availability and pricing are subject to change and directing customers to official sources for current terms.

Trade tariffs increase on select exports, heightening tariff uncertainty and influencing currency and monetary policy responses.
An additional US import duty raising selected Indian export tariffs to a heightened level operates as a trade tariffs measure affecting textiles, marine and leather sectors, increasing tariff uncertainty and potential trade diversion. Market reaction included limited rupee appreciation within a narrow range, vulnerability to foreign fund outflows, crude oil and dollar movements, and the central bank's decision to keep the policy rate unchanged and retain a neutral stance amid these external uncertainties.

Trade tariffs escalate on targeted exports, raising market access costs and amplifying currency and monetary policy pressures.
An executive additional tariff penalizes India for continued Russian oil imports by doubling duties on specified exports with a 21 day window, targeting sectors such as textiles, marine and leather. The tariff escalation threatens export access, pressures the domestic currency, prompts reserve drawdowns from active currency defence operations, and complicates monetary policy, as the central bank holds the policy rate and a neutral stance amid heightened external stress.

Settlement of claims for deceased bank customers: draft RBI directions open for stakeholder comments, deadline Aug 27.
The Reserve Bank has published draft Reserve Bank of India (Settlement of Claims in respect of Deceased Customers of Banks) Directions, 2025, inviting stakeholder and public comments via the "Connect 2 Regulate" portal or e mail; a final circular will be issued after considering submissions.

Judicial directives limit parliamentary debate on sub judice matters and prompt executive compliance with regulatory reforms.
Reserve Bank maintained its policy rate, signalling continued central bank discretion amid external uncertainty. Parliament was restricted from debating matters pending before the judiciary under the sub judice principle. The Merchant Shipping Bill expanded ownership eligibility and strengthened investigative powers for marine casualties. Judicial and administrative directions required executive compliance on use of political imagery in welfare schemes, differentiated evaluative criteria for military permanent commissions, elimination of inhuman hand pulled conveyances with mechanised substitution, and reaffirmed criminal accountability for incestuous sexual violence.

Monetary policy decision keeping rates steady stabilises the rupee amid volatile dollar, crude price rise and tariff uncertainty.
The monetary policy decision to keep the policy rate unchanged and retain a neutral stance was the principal regulatory influence supporting the rupee's rebound from a record low. That pause, together with an unchanged growth projection, helped contain depreciation pressures even as rising crude prices, equity weakness, foreign institutional outflows, and uncertainty over potential trade tariffs limited further gains and framed a narrow near term trading range.

Monetary policy pause signals vigilance amid global uncertainty and a core inflation uptick, awaiting fuller rate transmission.
Reserve Bank maintained the policy rate at the bi monthly review due to global uncertainties, prior front loaded rate cuts, and a rise in core inflation, with the monetary policy committee remaining vigilant. The Governor noted incomplete transmission of earlier easing, expected credit pickup-notably in home loans-as transmission advances, and continued monitoring of headline and core inflation. The statement also remarked on rupee depreciation amid uncertainty and described banking sector asset quality as satisfactory.

Monetary policy decision keeps interest rate steady, triggering sectoral sell-off and heightened equity market volatility.
The Reserve Bank of India kept the key interest rate unchanged and adjusted macro forecasts by retaining GDP growth and lowering inflation, prompting market reactions: IT and healthcare stocks led an intraday sell-off that pushed major benchmark indices lower, while net institutional flows showed FII selling and DII buying, increasing volatility.

RBI policy hold supports rupee recovery amid volatile dollar, rising oil and tariff uncertainty affecting currency flows.
The rupee recovered modestly against the US dollar after the RBI maintained its policy rate and neutral stance, with the pause and continued foreign portfolio activity cushioning the currency. However, rising crude prices, weak domestic equities, and uncertainty over forthcoming US tariff measures limited further gains, and market commentary linked near-term rupee direction to tariff developments, foreign investor flows, and oil-market dynamics.

Promotional loan incentives: membership and shopping voucher provided on personal loan disbursal under time limited campaign.
A limited promotional campaign attaches a complimentary membership and a shopping voucher to personal loan disbursal for eligible applicants who apply through the lender's website, app, or branches; the product offers unsecured credit with flexible tenors, minimal documentation, online pre approval options, and rapid digital disbursal, subject to the lender's terms and conditions.

Tariff-related penalties may not spur domestic inflation, says central bank; authorities may adjust duties to protect consumers.
The RBI and Deputy Governor state there is no expected first order impact on domestic inflation from potential tariff-related penalties or from a forced shift away from Russian crude, and that authorities may mitigate consumer price effects - including possible duty adjustments on petroleum products - to shield households from higher pump prices.

FEMA reform to ease cross-border trade and business, reinforcing central bank measures to support economic growth.
The Reserve Bank will continue supporting economic growth through monetary, liquidity, and prudential regulatory measures while monitoring macroeconomic conditions; it will pursue a draft revision of the Foreign Exchange Management Act to ease doing business and international trade, maintain vigilance on banking asset quality and non-performing assets, and rely on comfortable external liquidity to support cross-border transactions.

Electoral roll deletions prompt Supreme Court order requiring the Election Commission to disclose omitted electors for review.
Supreme Court ordered the election management authority to furnish details of electors omitted from draft electoral rolls to permit judicial oversight of the roll revision process; investigators conducted searches in a cross-border cyber fraud linked money laundering probe; the court limited senior advocates from urgent mentions to promote junior counsel; and the central bank maintained its policy rate in response to external trade uncertainties.

Monetary policy pause signals caution amid trade-related uncertainty, with inflation risks and growth outlook guiding future action.
The Reserve Bank maintained its policy interest rate and a neutral stance in response to external trade-related uncertainties, noting that recent rate cuts are still transmitting to the broader economy. The Bank lowered its inflation projection for the fiscal year while warning of upside risks toward year-end from base effects and demand-side pressures, and kept its GDP growth outlook unchanged. Policy guidance emphasised data-dependence, a facilitative approach to support growth without compromising price stability, and the need for complementary non-monetary policy measures in the face of external challenges.

Nomination-based claims settlement to be standardised, simplifying survivors' claims; Retail-Direct adds T-bill systematic auto-bidding facility.
The Reserve Bank will standardise procedures and documentation for settlement of claims on deposit accounts and safe custody or safe deposit lockers of deceased customers to harmonise bank practices and expedite claims by nominees or legal heirs; it will issue a draft circular for public consultation. Separately, Retail-Direct will be enhanced to allow retail investors systematic investment in treasury bills via an auto-bidding facility for primary auction bids covering investment and reinvestment.