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IIT-Bombay professors

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Last Updated: Just Now
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National Governance & Policy 03 Oct 2026, 06:24 PM IST

Telangana Ministers Ride Hyderabad Metro and Bus on Common Pass in Public Transit Push

Telangana Deputy Chief Minister and Cabinet ministers travelled across Hyderabad using the HMR-TGSRTC common pass, moving between metro rail and bus services in a visible show of support for integrated public transport. During the journey, ministers interacted with passengers and commuters, underscoring the government’s effort to normalise seamless multimodal travel in the city.

By RDU Global Wire5 min read
Banking, Fintech & InsuranceJust now (08:56 PM IST)

Cash-Flow Lending Set to Shape Financing for New-Age Industries, SBI MD Says

Cash-flow-based lending is emerging as a critical financing model for new-age sectors, including automotive technology and electric mobility, as traditional collateral remains limited. State Bank of India is studying the approach closely, with lenders needing deeper insight into technology, revenue visibility and business models before extending credit.

4 min readRead →
Macro Economy & Fiscal PolicyJust now (03:04 AM IST)

Air India CEO-Designate Tewolde Gebremariam Clears Security Vetting Ahead of October 1 Takeover

Air India CEO-designate Tewolde Gebremariam has received security clearance, removing a key procedural hurdle before he formally assumes charge of the Tata Group-promoted carrier on October 1. The clearance advances a closely watched leadership transition at a time when the airline is under pressure to accelerate its turnaround, strengthen operations, and sharpen its competitive position in India’s fast-evolving aviation market.

5 min readRead →
Banking, Fintech & Insurance15 Oct 2026, 09:30 PM IST

Supreme Court Upholds Bombay HC Order Quashing YES Bank’s Rs 8,415 Crore AT1 Bond Write-Off

The Supreme Court has upheld the Bombay High Court’s ruling that invalidated YES Bank’s write-off of Rs 8,415 crore in additional tier-1 bonds, a move that had been part of the lender’s March 2020 rescue plan. The decision strengthens the position of institutional and retail bondholders, who had challenged the loss of their investments, and could reshape how stressed-bank resolutions handle hybrid capital instruments in India.

5 min readRead →
Banking, Fintech & Insurance15 Oct 2026, 10:12 AM IST

IIT Bombay warns UPI MDR plan could erode public trust, calls for rationalisation

An IIT Bombay report has cautioned that the proposed merchant discount rate framework for UPI, if implemented in its current form, could undermine public confidence in India’s most widely used digital payments rail. The report argues that policymakers must rationalise the structure carefully to avoid negative user sentiment and preserve the platform’s trust premium.

5 min readRead →
Banking, Fintech & Insurance14 Oct 2026, 06:52 AM IST

IIT Bombay Warns UPI MDR Plan Could Erode Public Trust Without Careful Rationalisation

An IIT Bombay report has cautioned that the proposed merchant discount rate framework for UPI could damage public confidence if introduced in its current form. The study argues that policymakers must balance revenue considerations with the platform’s core value proposition of low-friction, low-cost digital payments to avoid triggering negative sentiment among users and merchants.

6 min readRead →
Banking, Fintech & Insurance14 Oct 2026, 04:48 AM IST

IIT Bombay Warns UPI MDR Plan Could Erode Public Trust Without Careful Rationalisation

An IIT Bombay report has cautioned that the proposed merchant discount rate framework for UPI could damage public confidence if implemented in its current form. The study argues that policymakers must balance payment-system sustainability with the need to preserve UPI’s reputation as a low-friction, widely trusted digital rail.

6 min readRead →
Banking, Fintech & Insurance13 Oct 2026, 06:48 PM IST

IIT-Bombay Study Urges Sharp Cut in UPI MDR to 0.08%, Says Banks Should Not Take Bulk Share

A new study by IIT-Bombay professors has called for a steep reduction in the Merchant Discount Rate on UPI transactions, arguing that the current 0.40% charge should be cut to 0.08% for third-party application providers. The report also says banks should not rely on transaction fees and instead support the ecosystem through CASA deposits, while digital payment services must be strengthened to build trust and scale.

6 min readRead →
Banking, Fintech & Insurance13 Oct 2026, 08:10 AM IST

IIT-Bombay Study Seeks Sharp Cut in UPI MDR to 0.08%, Urges Banks to Stop Taking Bulk Share

A study by IIT-Bombay professors has recommended a steep reduction in the Merchant Discount Rate on UPI transactions, arguing that the current 0.40% charge should fall to 0.08% for third-party application providers. The report also says banks should not rely on transaction fees and instead draw support from CASA deposits, while the digital payments ecosystem is strengthened through better services that build user trust.

5 min readRead →

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