The Reserve Bank of India has asked all banks to commence the migration of their existing domains to the '.bank.in' domain and complete the process not later than October 31,2025

It has now been decided to operationalise the ‘bank.in’ domain for banks through the Institute for Development and Research in Banking Technology (IDRBT), which has been authorised by National Internet Exchange of India (NIXI), under the aegis of the Ministry of Electronics and Information Technology (MeitY), to serve as the exclusive registrar for this domain

Banks may contact IDRBT at sahyog@idrbt.ac.in to initiate the registration process. IDRBT shall guide the banks on various aspects related to application process and migration to new domain

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Outward remittance under the Reserve Bank of India's Liberalised Remittance Scheme (LRS) during April 2024 - February 2025 continue to be lower than same period a year ago.

Remittances dropped 8.21 per cent year-on-year to $27.02 billion from $29.43 billion in the year-ago period.

The LRS scheme was introduced in 2004, allowing all resident individuals to remit up to $250,000 per financial year for any permissible current or capital account transaction, or a combination of both, free of charge.

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Net Foreign direct investment (FDI) into the country declined sharply to $1.5 billion during April 2024-February 2025 from $11.5 billion in the same period a year ago due to higher repatriation and outward FDI from India.

The State of the Economy report in the April 2025 bulletin noted that Singapore was the largest source of equity inflows with a share of 29.8 per cent, followed by Mauritius and the US.

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HDFC Bank crossed the Rs.15 trillion market capitalisation mark for the first time on Tuesday, becoming only third Indian company after Reliance and TCS to achieve this milestone

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The Indian diaspora deposited 23.3% more money into NRI accounts during the first 11 months of the financial year FY25

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After IMF, World Bank cuts India's FY26 growth forecast to 6.3% from 6.7%

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NABARD picks up 10% stake in 24X7 moneyworks

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Government to supply 65 million tonnes of coal via rail-sea route in FY26

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China to introduce 'gold recycling ATM' that melts jewellery for instant cash

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Saudi Arabia, India to set up two oil refineries

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CAG joins hands with IIM Kozhikode for better audit quality

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