Economy

RBI Governor Sanjay Malhotra Tells Banks: Stop Bugging Customers for KYC Docs!

Hey, banking folks! Have you ever been annoyed by endless calls asking for the same KYC papers you swear you’ve already submitted? Well, RBI Governor Sanjay Malhotra had enough of it, too. He spoke at the annual RBI Ombudsmen Conference—rocking the theme “Transforming Grievance Redress: The AI Advantage”—and put his foot down. He told banks […]

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India’s Big Leap: On Track to Be the World’s Third-Largest Economy by 2028

India’s fans rejoice! According to Morgan Stanley, the country is expected to climb the world economic ladder and reach the number three spot by 2028—the world’s hottest consumer market, with the help of innovative policies and upgraded infrastructure. Starting at $3.5 trillion in 2023, the economy’s expected to hit $4.7 trillion by 2026 (hello, fourth

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