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DEPARTMENT OF BANKING REGULATION
Homebuyer wins full refund with Rs 1.57 crore interest in MahaREAT as builder delays possession by 3 years, citing MHADA-MCGM disputeHomebuyers have won a significant victory as MahaREAT ruled a builder cannot use inter-authority disputes to justify possession delays exce...
RBI opens term money market to AIFIs, housing finance companiesThe Reserve Bank of India has opened the term money market to All India Financial Institutions and housing finance companies, allowing them...
Passport row highlights India's larger citizenship documentation challengeA remark by an External Affairs Ministry official on Passport Seva Divas that a passport is "a travel document, not a document of citizensh...
RBI proposes to further enhance money market participation, liquidityThe Reserve Bank of India is proposing new guidelines to boost participation and liquidity in the term money market, allowing entities to s...
DoT opens applications under new telecom authorisation regimeThe Department of Telecom has opened applications for companies seeking authorization to provide telecommunication services under the new T...
RBI draft allows AIFIs, HFCs to borrow from call moneyThe Reserve Bank of India (RBI) has proposed allowing All India Financial Institutions (AIFIs) and housing finance companies (HFCs) to borr...
India's export ambitions need more than infrastructure, says BCBAAs India pursues its economic ambitions, the customs and logistics ecosystem will play a pivotal role in enhancing trade competitiveness an...
Explained | What is the 'Boss Scam' and how hackers are using CEOs' WhatsApp accounts to steal moneyA sophisticated 'Boss Scam' is targeting Indian companies, with cybercriminals hijacking executives' WhatsApp accounts to authorise fraudul...
The 'Boss Scam': I4C warns of cyber fraud targeting CEOs, firmsCybercriminals are employing a new 'Boss Scam' to defraud companies. Impersonating regulators, they send malicious files via email or Whats...
Andhra ranks first in PM SHRI fund utilisation, claims Education Minister LokeshAndhra Pradesh has secured the top position in India for utilizing PM SHRI scheme funds. The state plans to build 844 smart kitchens this y...
Arunachal rolls out major deregulation drive to boost investmentArunachal Pradesh has significantly eased business regulations. The state has streamlined processes across 51 areas, including land, enviro...
Trump's critical minerals pricing plan faces skeptical G7, divided industryAmerica's plan to control critical mineral prices faces hurdles. G7 nations and the US mining sector are divided. The proposal aims to redu...
Unauthorised absence by RBI official grave misconduct: Bombay HC; upholds his removalThe Bombay High Court has ruled that an Reserve Bank of India official's unauthorized absence from work is grave misconduct. The court dism...
China issues guidelines on financial services data amid broader cybersecurity pushThe Cyberspace Administration of China said data would be classified into four levels-core, important, sensitive general and routine genera...
Ram temple donation row: UP govt forms 3-member SITA three-member Special Investigation Team has been formed by the Uttar Pradesh government to investigate allegations concerning donations a...
Sam Bankman-Fried loses bid to overturn crypto fraud convictionSam Bankman-Fried's bid to overturn his fraud conviction and 25-year prison sentence has failed. The appeals court found prosecutors' evide...
US Treasury expands bank data-sharing rules tied to Trump immigration crackdownThe Treasury Department is guiding banks to share information on suspected undocumented customers, framing it as a crackdown on fraud and c...
Banks seek RBI nod on Guarantee Rule to boost NRI deposit inflowsBanks are urging the RBI to clarify regulations for the new FCNR deposit scheme, aiming to attract diaspora funds. They seek a tweak in wor...
Kerala Lottery Karunya Plus KN-627 result today (11-06-2026): Check Rs 1 crore prize winning number and full list hereKarunya Plus KN-627 result: The Kerala Lottery Karunya Plus KN-627 draw, held on June 11, 2026, has announced the winning number for the Rs...
Gautam Adani becomes Asia's richest person again; overtakes Mukesh Ambani, Softbank's Masayoshi SonGautam Adani has regained the title of Asia’s richest person after a rally in Adani Group stocks lifted his net worth to $89.2 billion. The...