RBI Warning on AI Cyber Risk: The Reserve Bank of India flagged AI-powered cyberattacks as the biggest near-term threat to the financial system, saying banks and NBFCs see uneven readiness and need ongoing investment. RBI Stress Test Watch: In the same Financial Stability Report, the RBI projected bad loans for Indian banks could edge up to 1.9% by FY28, while NBFC stress may rise and capital buffers could thin by FY27. Big Deal in Indian Banking: Kotak Mahindra Bank agreed to buy Deutsche Bank’s India retail, private banking and wealth business, adding loans, deposits and AUM and targeting a close by Sept 2027. Cross-Border Payments Push: Cashfree (SBI-backed) plans pilots for overseas investment and travel payments, aiming to expand beyond cross-border e-commerce. Data Center Clash: Oracle is challenging Wisconsin PSC financial requirements tied to its Lighthouse AI data center campus, arguing the ruling could cost it over $100M annually. Policy Relief for Industry: India extended a nil customs duty waiver on key petrochemical imports until July 15 to keep supply steady. Semiconductor Funding: India’s Expenditure Finance Committee cleared Rs 1.25 lakh crore for ISM 2.0, boosting the push for domestic chipmaking and supply chains. World Bank Climate Target Cut: The World Bank is retiring parts of its climate co-benefits targets after US pressure. Crypto Treasury Event: BitcoinTreasuries.net set its 2026 conference for Sept 28 in New York, focused on corporate Bitcoin adoption. Corporate/Financing Moves: Incuspaze raised Rs 150 crore for workspace expansion; Elevate Funding rolled out AI offer automation to speed small-business financing decisions.