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    A Vision for Responsible AI, Resilient Banking - Keynote Address [Contributions by RBI colleagues Ms. Chandni Trehan Saluja and Ms. Kavita Gangwal, De...
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August 20, 2026
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Responsible AI banking requires human oversight, explainable customer decisions, fair conduct, resilient systems and inclusive credit access.
Responsible AI in banking must promote inclusion, resilience and customer trust while preserving human judgement, governance accountability and clear responsibility. AI and alternative data may widen access to credit where data is obtained with consent, tested for reliability and bias, and used prudently. Banks must maintain capacity to challenge models, oversee providers, test systems under adverse conditions and intervene when automation fails. Material customer decisions must be explainable, clearly communicated and subject to review by an authorised person. Fair conduct, meaningful disclosure, impartial complaint review and transparent communication remain essential throughout the customer relationship.
August 20, 2026
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Multi-Currency EEFC settlements let exporters retain foreign earnings and choose conversion timing for overseas payment obligations.
Multi-Currency EEFC Account settlements enable exporters and international businesses to receive payment settlements directly into Exchange Earners' Foreign Currency accounts in the original transaction currency without immediate conversion into Indian rupees. Retention of foreign currency earnings permits businesses to choose when conversion is required, reducing repeated foreign-exchange conversion cycles and supporting management of foreign-currency cash flows and overseas obligations.
August 20, 2026
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Power semiconductor foundry expansion targets Indian fabless customers through technology showcasing, process development, and collaboration in the growing semiconductor market.
DB HiTek seeks to expand foundry business with Indian fabless semiconductor companies by showcasing power semiconductor and specialised process technologies. Its commercial focus includes BCD processes for automotive and industrial applications, together with silicon-carbide and gallium-nitride process development and planned volume production. Product-performance evaluations are underway with strategic customers. Customer expansion also covers X-ray, global-shutter, single-photon avalanche diode, specialty CIS, and mixed-signal/RF processes, supported by collaboration with local fabless firms.
August 20, 2026
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Money-laundering allegations over payments without services raise concerns about overseas transfers, identity-linked communications, and mineral smuggling.
Money-laundering allegations concern claimed payments by Cochin Minerals and Rutile Ltd. to Exalogic Solutions Pvt. Ltd., a company promoted by Veena T., without corresponding services. Searches reportedly yielded handwritten material referring to fund transfers to Dubai and digital material relating to a SIM card obtained in another person's name. Further allegations included overseas fund movement, hawala transfers, and possible thorium or monazite smuggling, all presented as allegations requiring examination.
August 20, 2026
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Exchange stabilisation support aims to strengthen foreign-exchange resilience, reduce rollover dependence and restore access to longer-term market financing.
Pakistan has sought a proposed Exchange Stabilisation Support Facility to reinforce foreign-exchange stability and signal currency resilience to international capital markets. The strategy seeks to reduce reliance on short-term bilateral loans, deposits and rollovers by moving towards market-based financing with longer repayment periods. Improving sovereign creditworthiness through engagement with credit-rating agencies is intended to facilitate international market access, lower borrowing costs and enable longer-maturity debt raising.
August 20, 2026
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Elephant ivory trade prohibition supports enforcement against wildlife trafficking, seizure of carved ivory articles, and further investigation.
Illicit trade in elephant ivory and articles manufactured from it is prohibited under the Wildlife (Protection) Act, 1972, supporting India's CITES obligations. Enforcement action against a wildlife-trafficking syndicate resulted in the interception of four persons and seizure of 54 carved ivory artefacts. The seized articles and apprehended persons were transferred to the State Forest Department for further investigation. The action forms part of continuing measures against unlawful trade in wildlife derivatives and biodiversity threats.
August 20, 2026
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Trade deficit pressures persist as energy-import costs and currency weakness offset record automobile and electronics export growth.
Japan recorded its highest July import and export values since comparable statistics began, but continued to experience a trade deficit as rising energy costs increased import expenditure. Higher crude oil prices and disruption to Middle East supply routes affected an economy reliant on imported oil, while a weak yen raised the cost of fuel, food and raw materials. Strong automobile, semiconductor and electronics exports benefited from currency weakness, which also increased the yen value of overseas earnings.
August 19, 2026
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Forged health-scheme cards allegedly enabled ineligible treatment and misuse of public healthcare funds through false beneficiary details.
Alleged misuse of Ayushman health-scheme cards involved collecting identity and ration-card details by promising free treatment, then creating forged beneficiary cards with false particulars. The alleged scheme enabled treatment for ineligible persons and purported claims of government health-scheme funds. Police arrested five persons, recovered purported forged identity and beneficiary cards, and are investigating possible involvement of hospital and medical-office personnel, the scale of card forgery, and alleged diversion of public funds.
August 19, 2026
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MSME competitiveness requires affordable credit, technology adoption, formalisation, sustainable trade and stronger export-market access for inclusive growth.
MSME development is identified as central to employment generation, exports, entrepreneurship, economic resilience and self-reliance. Key priorities include affordable credit, technology upgradation, supply-chain integration, market access, brand-building and reduced red tape. Formalisation of micro industries is emphasised to expand institutional credit access, while sustainable trade is promoted through green technologies and renewable energy. Export competitiveness is to be strengthened through regional production capabilities and the "One District, One Export Hub" initiative.
August 19, 2026
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Supply-side inflation risks support a policy pause pending evidence of broad-based, persistent price pressures and de-anchored expectations.
Monetary policy calibration remained on hold because food and fuel inflation had not yet produced broad-based or persistent price pressures. The policy pause was supported by limited pass-through of supply-side shocks, contained core inflation and no clear demand-driven overheating. Recalibration depends on incoming evidence of persistent inflation, entrenched supply-side pressures, de-anchored expectations and the evolving growth-inflation dynamic. Geopolitical disruption, volatile oil prices, monsoon conditions and El Nin o-related agricultural risks remain material inflation risks.
August 19, 2026
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Examination irregularities investigation examines alleged answer-sheet cheating, managed centres and suspected solver-gang involvement by a biometric operator.
Alleged examination irregularities involved suspected cheating through the receipt of an answer sheet by an examinee from personnel of a private firm conducting the examination. Police arrested a biometric operator following an investigation into his alleged involvement. His prior work with biometric firms and manpower supply agencies was examined in connection with clues concerning allegedly managed examination centres and a suspected solver gang.
August 19, 2026
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Trade restrictions on Iran halt commercial and financial exchanges as regional security threats disrupt maritime commerce and re-export access.
UAE trade restrictions on Iran halted all trade, commercial exchanges and financial transactions until further notice following reported ballistic-missile incidents and regional security escalation. The UAE assessed the missiles as directed at maritime traffic, while Iran denied launching them. The suspension disrupts the UAE's role as a major trade and re-export gateway for Iran and may increase Iran's economic isolation. Continuing threats to shipping through the Strait of Hormuz also create economic risk for the UAE's regional business, finance and tourism position.
August 19, 2026
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Inflation persistence and expectations guide continued rate hold amid supply shocks and uncertainty over broader price pressures.
Monetary policy calibration remains contingent on clearer evidence that supply-side price shocks are becoming persistent, broad-based inflationary pressures. The policy rate was maintained unchanged amid uncertainty from higher energy costs, supply-chain disruption, an erratic monsoon and food, fuel and input-price risks. Policy tightening may be required if inflation becomes generalised, expectations become de-anchored, or inflation persists. A wait-and-watch approach was preferred pending clearer realised inflation, forecasts, weather effects and global conditions.
August 19, 2026
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Online credit card applications streamline comparison, eligibility screening and e-KYC, while approval remains subject to issuing-bank criteria.
Online credit card applications through the JioFinance app combine card comparison, eligibility checks, electronic verification, application submission and status tracking. Eligibility screening may occur without affecting the applicant's credit score, but approval remains subject to the issuing bank's criteria and internal policies. Aadhaar-based e-KYC or other accepted electronic verification may be used where applicable. Applicants should provide accurate Aadhaar, PAN and mobile details. Eligible approved applicants may receive a virtual card before physical-card delivery, subject to applicable terms and conditions.
August 19, 2026
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Comprehensive strategic partnership drives ministerial and business engagements on investment, market access, technology collaboration, skills and agri-food trade.
India-Singapore economic engagement is being advanced through ministerial and business roundtables under the Comprehensive Strategic Partnership. A multidisciplinary business delegation is undertaking business-to-business, government-to-business and institutional engagements focused on partnerships, investment, market access, technology collaboration and talent development. Agricultural trade cooperation includes promotion of Indian agri-food exports through a retail initiative. The engagement seeks to strengthen trade, investment, digitalisation, advanced manufacturing, skills development, green-economy cooperation and people-to-people ties.
August 19, 2026
Show AI Summary
International senior notes issuance diversifies the bank's funding sources and expands access to global debt capital markets.
IDFC FIRST Bank accessed international debt capital markets through its IFSC Banking Unit at GIFT City by issuing inaugural fixed-rate senior notes with a three-year tenor, due in 2029. The notes were offered to investors outside the United States under the Regulation S format. The issuance followed an investment-grade long-term issuer credit rating with a stable outlook, diversifies the bank's funding sources, and creates an avenue for access to global capital markets in support of long-term growth.
August 19, 2026
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Closing auction session safeguards market transparency through pooled order matching, backed by immediate action against manipulation and stronger monitoring.
Closing auction session (CAS) improves transparency and reduces manipulation in end-of-trading price formation by pooling buy and sell orders during a designated closing window for auction-style matching. Manipulation intended to undermine CAS is subject to prompt and stringent action, supported by enhanced monitoring. Responsible use of artificial intelligence and machine learning requires tiered accountability and governance, including kill-switch, human-in-the-loop and data controls. Regulated entities remain responsible for privacy, security and integrity of investor data used by every AI tool they deploy.
August 19, 2026
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Foreign exchange market movement shows rupee pressure from elevated crude prices, moderated by reserves, intervention and FCNR(B) inflows.
Foreign exchange market movement saw the rupee depreciate marginally against the US dollar amid higher global crude oil prices, heightened West Asia tensions, a stronger dollar environment and weaker domestic equity markets. Central-bank intervention and foreign fund inflows provided support. Adequate foreign-exchange reserves and stronger-than-expected FCNR(B) scheme inflows were identified as factors limiting the scope for sharp depreciation.
August 19, 2026
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AI reliability engineering expands through an enterprise hub supporting AI assurance, agentic engineering, observability and trusted AI deployment.
QualityKiosk Technologies has established a Hyderabad engineering hub to expand AI reliability engineering, AI assurance and agentic engineering capabilities. The centre supports engineering, marketing, branding, analyst-relations and advisory functions, while serving enterprise demand for AI reliability, product engineering, CloudOps and automation. It advances an AI reliability operating framework covering AI for reliability, reliability of AI, agentic engineering, shift-right engineering, frontier-system reliability, observability and platform-based delivery to promote governance, resilience, operational trust and assurance in AI-powered systems.
August 19, 2026
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Money laundering investigation examines alleged diversion of government contract funds and their use in creating trust and university assets.
Money-laundering investigation under the Prevention of Money Laundering Act led to searches of premises associated with the Maulana Mohammad Ali Jauhar Trust, its university, linked companies, promoters and a chartered accountant. The inquiry concerns alleged diversion of government contract funds through private contractors and their alleged subsequent use, including for creating assets of the Trust and university. Separate planning-law issues concern allegations that most university buildings were constructed without approved plans.

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BlockDAG News Confirms Presale Ending Date, DeepSnitch AI Is Trending With 100% Bonus Offer

December 11, 2025

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BlockDAG, one of the most successful presales of 2025, has announced new developments. Some BlockDAG development updates include a mainnet launch and token listing planned for the first half of 2026, with some exchanges already confirmed, including MEXC. The community is excited about this BlockDAG news, as the presale raised over $440 million. For those who missed the BDAG presale, a new opportunity is DeepSnitch AI. This artificial intelligence project looks promising for 2026, while its presale, still in stage 3, has already raised over $730,000. With the AI sector projected to be the fastest-growing next year, this is a chance to get early into new crypto with incredible upside potential.

PNC Bank is the first traditional US bank to offer Bitcoin spot trading within its internet banking service On December 9th, news surprised the crypto market with the announcement that PNC Bank had become the first American bank to integrate Bitcoin spot trading into its internet banking service. This means that PNC Private Bank clients can now buy, sell, and even hold BTC without leaving their online banking platform.

This move it's possible as integration that utilizes Coinbase's "Crypto-as-a-Service" infrastructure. For now, this offering is restricted to private clients, but PNC plans to soon expand the service to institutional clients as well.

On Coinbase's side, Brian Armstrong celebrated the company's start of becoming an infrastructure provider for banks, stating that the US has entered a "golden age for freedom" for crypto, with the pro-crypto support of the Trump administration, and he expects a bullish 2026 for the market.

DeepSnitch AI: The innovative AI project with 100x potential According to Dune Analytics, in prediction markets like Polymarket, only 16% of wallets are profitable. The vast majority lose money because they lack access to the right information about the events they bet on. This dynamic is also repeating itself in the crypto market, where over 80% of small investors lose money, driven by FOMO buying and panic selling.

While institutions and whales operate with privileged intelligence, small investors trade based on emotions and outdated information, becoming exit liquidity for experienced investors. But this is about to change with innovative projects like DeepSnitchAI.

It brings an advanced platform with AI agents that monitor on-chain activities, tracking whales, social sentiment, trending coins, new tokens, processing all information, and sending it to users in real time. DeepSnitch AI aims to democratize access to tools that were previously restricted to big funds or those who could afford very expensive reports.

Their presale is already in stage 3, but it's still early, and you can invest cheaply in tokens that are only $0.02735. The best part is that now there's a bonus offer: those who invest $2,000 and add the coupon "DSNTVIP50" will receive 50% more tokens, while those who invest $5,000 and add the coupon "DSNTVIP100" will receive 100% more tokens.

https://youtu.be/HA0A7ejDY1I?si=ufABbUcx43uhtpMl BlockDAG news: Presale raised over $440M and will end soon BlockDAG is an innovative project, building a Layer-1 blockchain that promises to combine DAG (Directed Acyclic Graph) technology with Proof-of-Work. This combination could provide greater scalability and transaction speed, making BDAG one of the fastest blockchains on the market.

The presale started in December 2023 and has already raised over $440 million. After several months of development, the BlockDAG roadmap signals some dates and updates. The first presale is finishing, with the last 3.57 billion coins left at a price of $0.0106. But if the goal is not reached, the presale ends date has been announced for February 10th.

Also, another confirmed BlockDAG news is the mainnet launch and exchange listing, planned for the first half of 2026, with some exchanges already confirmed, including MEXC and BitMart. While the token is still selling for $0.0106, the community speculates that it could be launched at least $0.05, which would give a 5x return on investments.

Ethereum should outperform Bitcoin in the next months Bitcoin is struggling to stay above $92,000, leading many traders and investors to doubt whether BTC will surpass $110,000 anytime soon. However, this doesn't seem to be a concern for the crypto market, as Ethereum is behaving as if it wants to outperform Bitcoin in the coming months, as shown in the ETH/BTC chart.

ETH is still firmly holding above the 20-Day MA and looks like it's starting to accelerate. The asset rose 6% on December 9th to $3,375, accumulating a 10% gain for the month. Meanwhile, the ETH/BTC pair is around 0.036, helping to reignite the narrative that an "altseason" may be about to begin, as Ethereum's next target is at $3,800.

Conclusion BlockDAG was a successful presale, but it's in its final days. This means that those who invest now will have a very small potential gain compared to those who invested at the beginning. So, for those looking for a presale with incredible potential, but still in its early stages, DeepSnitch AI is that opportunity.

Being an artificial intelligence project, it's part of the sector expected to grow the most in 2026. The presale also has a bonus offer giving up to 100% more tokens if you invest in the coming days, which would double your bag and double your potential gain.

Visit the official website for more information, and join X and Telegram for community updates.

FAQs 1. What is DeepSnitch AI, and why is it so promising? DeepSnitch AI is an AI-powered platform offering real-time on-chain insights through advanced agents. Its presale momentum and up to 100% bonus offer have boosted investor interest.

2. What are the latest BlockDAG news updates? Recent BlockDAG news confirms the presale end date and upcoming mainnet launch, with listings planned on exchanges like MEXC. These updates have fueled community excitement and strengthened BDAG community insight.

3. Why is BlockDAG attracting so much attention in 2025? BlockDAG’s strong presale performance and upcoming mainnet roadmap keep the project in the spotlight. Many traders closely follow BlockDAG news to track progress on listings and development milestones.

Disclaimer: Trading cryptocurrencies/digital assets carries a high level of risk, and may not be suitable for all investors. You should be aware of all the risks associated with cryptocurrency/digital asset trading, and seek advice from an independent financial advisor. Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary, and does not constitute investment advice. The website or its publishers will not accept liability for any loss or damage, including without limitation to any loss of profit, which may arise directly or indirectly from use of or reliance on such information. The above content is published as received and has not been edited by the channel staff. The channel holds no responsibility for its content.

(Disclaimer: The above press release comes to you under an arrangement with PNN and PTI takes no editorial responsibility for the same.). PTI PWR

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