RJ Mitte

Curated news coverage, institutional background, regulatory filings, and investigative reporting across RDU Global.

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Last Updated: Just Now

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Global Markets & Equities 07 Oct 2026, 11:59 AM IST

PIMCO Adviser Says U.S. Treasury Yields Are ‘Screaming Good Value’ as Bond Selloff Deepens

A senior adviser at Pacific Investment Management Co. said U.S. Treasury yields are now looking “screaming good value,” adding a fresh voice to the debate over whether the recent rise in borrowing costs has gone too far. The comments come as traders rebuild bets on still-higher yields, even after a brief market jolt, while equity investors continue to test how long stocks can ignore the bond market’s warning signal.

By RDU Global Wire6 min read

Banking, Fintech & Insurance04 Oct 2026, 07:30 PM IST

NBFCs Now Drive Half of India’s New-to-Credit Borrowers, Up From 24% in 2016: TransUnion CIBIL-FIDC

Non-banking finance companies now account for 50% of India’s new-to-credit borrowers, sharply higher from 24% in 2016, according to a TransUnion CIBIL-FIDC report covering about 2,000 NBFCs. The shift underscores the growing role of NBFCs in widening formal credit access, especially in vehicle finance, mobility-linked lending and other retail segments that serve first-time borrowers.

5 min readRead →

Banking, Fintech & Insurance04 Oct 2026, 06:07 PM IST

Public Sector Banks, Regional Rural Banks to Remain Open on September 27 as Finance Ministry Seeks to Avoid Disruption

The Finance Ministry has said all public sector banks and regional rural banks will operate normally on September 27, signalling an effort to keep customer services uninterrupted amid a planned three-day nationwide bank strike called by the United Forum of Bank Unions. The move is aimed at ensuring routine banking needs, including branch transactions and essential services, remain available to the public.

5 min readRead →

India Sports & Cricket04 Oct 2026, 05:05 PM IST

India Crushes Malaysia to Seal Hockey Gold Double and Rise to Fourth at Asian Games 2026

India completed a commanding hockey gold double at the Asian Games 2026 with a decisive win over Malaysia, securing the country’s final medal of the campaign. The result lifted India to fourth on the medal table, powered by its 21st and last gold, and capped one of its most productive multi-sport performances in recent memory.

5 min readRead →

Banking, Fintech & Insurance04 Oct 2026, 04:03 PM IST

UPI Merchant Fees Could Reach 47.2 bps After GST Under New Framework

India’s new UPI merchant fee framework could translate into an effective cost of about 47.2 basis points for merchants once GST is added, according to the structure announced for person-to-merchant transactions above Rs 2,000. The levy, which takes effect on October 15, applies only to merchants, while consumers will continue to pay nothing for UPI payments.

5 min readRead →

National Governance & Policy03 Oct 2026, 06:45 PM IST

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

Telangana’s 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, the ministers interacted with passengers and commuters, underscoring the government’s effort to promote seamless urban mobility and wider adoption of the unified travel system.

5 min readRead →

Banking, Fintech & Insurance03 Oct 2026, 07:54 AM IST

Proposed 0.4% UPI MDR Could Generate Rs 15,000 Crore in Year One, Says NPCI Chief

A proposed 0.4% merchant discount rate on UPI transactions could recover as much as Rs 15,000 crore in the first year, according to NPCI chief Dilip Asbe, reviving debate over how India should fund the country’s fastest-growing digital payments rail. The proposal comes as policymakers weigh the long-term economics of UPI, which has scaled rapidly on the back of zero-cost consumer usage but has left banks, payment firms and infrastructure providers searching for a sustainable revenue model.

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Global Markets & EquitiesJust now (07:32 PM IST)

RBI Cancels Licences of Five NBFCs as Eight Others Exit Register

The Reserve Bank of India has cancelled the registration certificates of five non-banking financial companies, while eight others surrendered their licences for a range of business and structural reasons. The latest regulatory action underscores the central bank’s continuing scrutiny of the NBFC sector as firms consolidate, wind down, or meet conditions that make registration unnecessary.

5 min readRead →

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