Sinha expects the RBI’s MPC to cut the repo rate by another 50 bps in FY26 (including 25 bps in June), with chances of a deeper rate cut cycle if growth falters.

The RBI announced that the National Payments Corporation of India (NPCI) can revise limits for person-to-merchant (P2M) transactions on UPI, which were initially capped at Rs 1 lakh. Notably ...