The Reserve Bank of India is resuming urban cooperative bank licenses after two decades. Eligible credit societies need a minimum capital o...

In a significant move, the Reserve Bank of India plans to establish uniform interest rate guidelines for all regulated entities. This initi...

The Reserve Bank of India will soon release a list of upper-layer NBFCs. New principle-based regulations will classify these financial comp...

The Trump administration said it has worked with US states to cancel more than 28,000 commercial driver's licences allegedly issued imprope...

The Reserve Bank of India will resume urban cooperative bank licensing after a 22-year pause. A comprehensive review of credit monitoring f...

Savings account interest rate: Unity Small Finance Bank has recently announced a new interest rate of 7% on savings accounts, with even hig...

The Reserve Bank of India will resume issuing new licenses for urban cooperative banks. This process has been paused for over two decades d...

The FSSAI suspended Matri Drinking Water's license due to serious food safety violations. Inspection revealed improper storage and poor hyg...

Under RBI's revised FEMA framework, EbixCash World Money can now move trade payments up to ₹25 lakh and family maintenance remittances, ope...

Equitas Small Finance Bank is eligible for voluntary transition into a universal lender. The bank is cautious about applying after peers fa...

Shivalik Small Finance Bank completed its acquisition of ManiBhavnam Home Finance India Pvt last week. This strategic merger cost the bank ...

India's food regulator has suspended Switz Foods' manufacturing licence. Serious non-compliances were found during a recent unit inspection...

UAE is poised to spearhead India's special FCNR(B) deposit scheme, with enticing dollar rates and beneficial tax incentives attracting cons...

Capital Group bought a 1.49 percent stake in IIFL Finance for Rs 374 crore. This acquisition was made through open market transactions from...

The FSSAI has suspended Dior Pharmaceuticals' license due to serious violations. The nutraceutical factory operated with severely deficient...

The Delhi High Court has issued a ruling for the liquidation of Paytm Payments Bank Ltd, following the Reserve Bank of India's decision to ...

Paytm Payments Bank Limited is set for closure as per the directive from the Delhi High Court, resulting from the Reserve Bank of India's e...