Banking - RumorRush

Post Office Announces 2026 Fixed Deposit Scheme: ₹1 Lakh Investment Yields ₹44,995 Interest

India Post has rolled out a new Fixed Deposit (FD) scheme for 2026, inviting individuals to lock in a principal of ₹1,00,000 and receive a guaranteed interest payout of ₹44,995…

Rumorrush January 6, 2026

Banking Credit Digital Payments

From UPI to ULI: Building India’s Next Digital Credit Layer

India’s financial ecosystem has been reshaped by the Unified Payments Interface (UPI), which turned a fragmented payments landscape into a seamless, real‑time network used by billions. As the country moves…

Rumorrush December 24, 2025

Banking Finance India

RBI’s new minimum‑balance mandate: what it means for Indian bank account holders

IntroductionThe Reserve Bank of India (RBI) has rolled out a fresh set of minimum‑balance requirements for all bank accounts, slated to take effect on December 10, 2025. The move, announced…

Rumorrush December 20, 2025

Banking Corporate governance Legal News

Delhi High Court overturns Union Bank’s fraud label on Anil Ambani’s son’s firm

In a landmark ruling, the Delhi High Court has set aside Union Bank’s decision to brand the account of Anil Ambani’s son’s company as fraudulent. The judgment, delivered on 2 April 2025,…

Rumorrush December 20, 2025