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Reserve Bank of India

India's central bank, which regulates monetary policy, banking, and payment systems including card and digital payment rules.

Known aliases

  • Monetary Policy Committee

Current stories

buildOne report1 publisher

Only six of 16 transactions under Rule 159 still accept a declaration from a customer without PAN

Under the Income-tax Rules, 2026, Form 97 replaces Form 60 and is accepted for only six of the 16 transactions that require PAN, a dev.to guide reports. Lenders need a transaction-type check at intake before accepting any declaration in place of a PAN.

Publishers:dev.to

Reality

Evidence55
Adoption
Not scored
Hype gap−5
Incentives40
Confidence60
investConfirmed5 publishers

India's first rate hike since 2023 leaves the repo rate below the RBI's own inflation forecast

India's central bank raised its repo rate 25 basis points to 5.50%, its first increase since February 2023. Governor Sanjay Malhotra expects inflation near 5.8%, so the real policy rate is still negative and the open question for bond and rupee holders is how far the cycle runs.

Perspective Coverage

5 publishers
Builder
Builder 8%
Operator
Operator 26%
Investor
Investor 66%

Reality

Evidence82
Adoption
Not scored
Hype gap+15
Incentives
Not scored
Confidence76
investOne report1 publisher

RBI Governor Malhotra steers India's ledger work toward tokenized bonds and away from crypto

RBI Governor Sanjay Malhotra said on Oct. 3 that India stays cautious on crypto, weeks after India's FIU sent AML notices to 15 platforms. Firms with Indian users should plan for tax and AML enforcement as the working regime while the RBI builds digital-rupee settlement for tokenized bonds.

Publishers:crypto.news

Reality

Evidence55
Adoption30
Hype gap+5
Incentives
Not scored
Confidence45
productConfirmed8 publishers

Apple's fee terms keep India's biggest card issuers out of the Apple Pay launch

Apple Pay launched in India on Axis Bank Visa and Mastercard credit cards only, with Apple reportedly seeking a fee of about 20 basis points per transaction. How far it spreads now depends on bank negotiations and on acquirers enabling terminals one at a time.

Perspective Coverage

8 publishers
Builder
Builder 9%
Operator
Operator 57%
Investor
Investor 34%

Reality

Evidence58
Adoption25
Hype gap+15
Incentives65
Confidence60
investConfirmed10 publishers

Apple Pay opens in India with Axis Bank as its only card issuer

Apple Pay went live in India on 30 September, and at launch the only cards users can add are Axis Bank's Visa and Mastercard credit cards. Until another bank signs up, every Apple Pay purchase in the country runs on an Axis credit card, whatever the merchant or processor.

Perspective Coverage

10 publishers
Builder
Builder 22%
Operator
Operator 40%
Investor
Investor 38%

Reality

Evidence78
Adoption15
Hype gap+15
Incentives70
Confidence76
buildOne report1 publisher

Merchants absorb 0.4% on UPI baskets above Rs 2,000 from October 15

NPCI's new merchant discount rate caps at Rs 300 above Rs 75,000, exempts UPI AutoPay and charges fuel and utilities a flat Rs 5. Checkout cost in India now depends on category and funding instrument as much as on ticket size.

Reality

Evidence70
Adoption
Not scored
Hype gap+8
Incentives55
Confidence66
investConfirmed3 publishers

India's new UPI fee set at 0.4%, will hit just 4% of merchant transactions, Finance Ministry says

NPCI has put a price on India's larger UPI merchant payments from October 15, and by the Finance Ministry's own estimate the 0.4% charge touches only 4% of merchant transactions. Person-to-person transfers stay free.

Perspective Coverage

3 publishers
Builder
Builder 18%
Operator
Operator 54%
Investor
Investor 28%

Reality

Evidence72
Adoption85
Hype gap+20
Incentives65
Confidence70
productOne report1 publisher

Apple Pay's India launch starts at the country's fourth-largest card issuer

Reuters reports Apple Pay will arrive next month on Axis Bank credit cards, with the two larger issuers still unsigned. The Economic Times reported Apple asked for 15 to 20 basis points a transaction and banks countered at about 10.

Reality

Evidence45
Adoption
Not scored
Hype gap+10
Incentives60
Confidence50
buildOne report1 publisher

UPI Autopay's Rs 15,000 per-debit cap pushes Indian annual plans onto e-NACH or monthly billing

A production guide to Indian subscription billing puts the hands-free UPI Autopay threshold at Rs 15,000 per debit, and that single figure constrains plan price, billing period and which mandate the customer registers before any gateway code is written.

Publishers:dev.to

Reality

Evidence40
Adoption15
Hype gap+15
Incentives45
Confidence45
buildOne report1 publisher

DPDP turns indefinite KYC retention into the risky default

India's data protection law runs alongside RBI's KYC directions with its own legal basis and its own penalties. The obligation that reaches furthest into a KYC stack is deletion that some service has to fire on a defined event.

Publishers:dev.to

Reality

Evidence30
Adoption
Not scored
Hype gap+25
Incentives70
Confidence30
productOne report1 publisher

India prices UPI at 0.4% for merchant payments above ₹2,000 from October 15

NPCI capped the merchant fee at ₹300, exempted anyone taking under ₹100,000 a month, and kept consumer payments free. The band that pricing owners have to model runs from ₹2,001 to ₹75,000, where the full 0.4% applies.

Publishers:techcrunch.com

Reality

Evidence62
Adoption35
Hype gap+18
Incentives74
Confidence60
buildOne report1 publisher

A five-column CSV per institution collapses 107 official rate publishers into one dataset

The AllRates dataset on Hugging Face holds 14.6 million rows in each publisher's own direction and label, so the collecting is finished while the inversion, rounding and missing-day rules stay in your code.

Publishers:dev.to

Reality

Evidence45
Adoption
Not scored
Hype gap+12
Incentives72
Confidence50
investOne report1 publisher

RBI blocks the deregistration that would have spared Tata Sons an IPO

The September 11 letter leaves Tata Sons holding standalone assets of Rs 2.01 lakh crore against a Rs 1 lakh crore threshold, and the only escape left is becoming a company half that size. Tata Trusts, with about 66%, oppose the float.

Reality

Evidence32
Adoption
Not scored
Hype gap+34
Incentives72
Confidence38
investOne report1 publisher

Twenty-three investors bought the whole Rs 1,025 crore of SEBI's first tokenized bond batch

Demat 2.0 settled REC, L&T and IIFL paper against the wholesale digital rupee on the day of bidding, with the same ISINs, coupons and ratings the bonds would have carried anyway.

Reality

Evidence55
Adoption35
Hype gap+25
Incentives65
Confidence50
securityOne report1 publisher

CBI searches 89 addresses in 20 states over three digital-arrest frauds worth Rs 42.4 crore

About 8 percent of the Rs 42.4 crore taken in these three cases is publicly traced into a named account, and the people in custody are the ones who received the money rather than the ones who placed the calls.

Reality

Evidence48
Adoption45
Hype gap+12
Incentives62
Confidence55
buildOne report1 publisher

Aurora DSQL's second writable endpoint bills every commit for the inter-Region round trip

Peering two Regions gets you a writable endpoint on each side and no failover step to run. The commit path pays an inter-Region round trip for it. The latency SLO that survived the migration is what breaks.

Publishers:dev.to

Reality

Evidence30
Adoption20
Hype gap+30
Incentives60
Confidence38