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RBI APPOINTMENTS
Former SBI Capital Markets chief Arun Mehta named Edelweiss ARC CEOEdelweiss Asset Reconstruction Company is thrilled to announce Arun Mehta's appointment as CEO, following an extensive search process by Ko...- Zepto’s $1 billion IPO; Navi eyes fresh fundsHappy Tuesday! Quick commerce firm Zepto has filed updated draft papers for its $1 billion public offering. This and more in today’s ETtech...
- India likely to outpace RBI growth forecasts, says World Bank's Neelkanth MishraIndia's economy is set for robust growth, exceeding Reserve Bank of India forecasts, World Bank Executive Director Neelkanth Mishra said. A...
- After courts, RBI, independent reviewers clear HDFC Bank; persistence of crisis narrative raises questionsHDFC Bank is facing a barrage of governance allegations and panic. However, court relief and regulatory reassurances indicate no material a...
- HDFC Bank shares drop 25% in 2026. Buying opportunity or falling knife?HDFC Bank shares have plummeted over 25% this year, driven by governance concerns following the former chairman's resignation and an intern...
- Harassed by loan recovery agents? Know your legal rights and 6 steps to fight backBorrowers struggling with debt often face harassment from recovery agents through abusive calls, threats, public shaming, and unauthorised ...
- ICICI Bank adds most credit cards in April amid rising competitionAxis Bank added 63,446 cards in April, less than half its February tally. Kotak Mahindra Bank remained steady at 33,038 additions. "We are ...
- RBI approves 3-month extension for Fino Payments Bank interim CEOFino Payments Bank announced that the Reserve Bank of India has approved a three-month extension for Ketan Merchant as interim CEO. This fo...
- RBI tightens norms for re-appointment of directors on UCB boardsThe Reserve Bank of India has introduced new rules for Urban Co-operative Banks. Directors can now serve for a maximum of ten years. Follow...
- RBI to examine role of quantum technology in strengthening financial sectorThe Reserve Bank of India is forming an expert committee to study quantum technology's role in finance. This new technology could revolutio...
- RBI slaps Rs 10.10 lakh penalty on City Union Bank, 2 more entitiesThe Reserve Bank of India has levied fines on three financial entities. City Union Bank faced a penalty for incorrect loan charges and data...
- Rupee plunge sees India turn to 2013 taper tantrum playbookIndia's central bank is considering measures to stabilize the rupee. The currency has fallen to a record low, increasing import costs. The ...
- Noel, Chandra set to hold talks ahead of Tata Sons board meetTata Trusts chairman Noel Tata and Tata Sons chairman N Chandrasekaran will meet soon. They will discuss important issues before a key Tata...
- Top-level rejig hits mid-cap ITs; Fintechs wary of RBI wallet rulesHappy Thursday! Mid-sized IT firms are realigning leadership teams as AI-driven changes force a rethink. This and more in today's ETtech Mo...
- RBI cancels licence of Maharashtra-based The Yashwant Co-op BankThe Reserve Bank of India has cancelled the license of The Yashwant Co-operative Bank, Phaltan, Maharashtra, citing inadequate capital and ...
- N Chandrasekaran to address Noel Tata's concerns at Tata Sons board meetingTata Sons chairman N Chandrasekaran will address business concerns, including Air India losses and new ventures, at an upcoming board meeti...
- Former RBI Deputy Governor R Gandhi appointed chairman of SahamatiRama Subramaniam Gandhi is the new non-executive chairman of Sahamati. This industry alliance promotes the Account Aggregator ecosystem. Th...
- Supreme Court urges truce in Kapur family trust feud, asks parties not to disrupt mediationThe Supreme Court has called for calm in the Kapur family trust dispute. The court urged Rani Kapur and Priya Kapur to avoid actions that c...
- PFC net up 3%, expects merger with REC by April 2027; flags concern over RBI normsPower Finance Corporation and REC Ltd are planning to merge by April 1, 2027. This merger will create a single platform for financing India...
- RBI cancels licence of Mumbai-based Sarvodaya Co-operative BankThe Reserve Bank of India has made the tough call to withdraw the license of Sarvodaya Co-operative Bank, a decision rooted in the bank's f...
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