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RBI CENTRAL BOARD
Former diplomat Syed Akbaruddin appointed to RBI central board for 4 year termFormer diplomat Syed Akbaruddin joins the Reserve Bank of India Central Board. He will serve as a part-time, non-official director for four...
Need stronger governance, internal controls in urban cooperative banks: RBI Deputy GuvIn a recent address, RBI Deputy Governor Swaminathan J urged urban cooperative banks to strengthen their governance frameworks and adopt te...
RBI appoints Suman Ray as Executive Director, to head DICGC and Premises DepartmentSuman Ray will assume the role of Executive Director at the Reserve Bank of India. His appointment is effective from September 1, 2026, as ...
September 2026 holiday list: Which days will banks, schools and offices be closed?September 2026 brings several holidays for banks, schools, government offices and, in some cases, corporate workplaces across India. Key da...
HDFC Bank weighing deputy MD Bharucha, outsider for CEO: ReportHDFC Bank is considering Kaizad Bharucha as a potential next CEO. The bank is also seeking an external candidate for the top position. This...
HDFC Bank CEO Sashidhar Jagdishan to retire in October, will not seek reappointmentHDFC Bank's Chief Executive Sashidhar Jagdishan will retire in October. He has decided not to seek reappointment when his current term ends...
HDFC Bank's CEO call gains urgency as Sashidhar Jagdishan's term nears endThe timeline stands in contrast to Jagdishan's previous reappointment. HDFC Bank's board had recommended a fresh three-year term for him on...
RBI proposal to curb NBFCs' revolving credit may choke MSME funding, says industry body FISMEFISME has urged the RBI to reconsider its proposal to bar NBFCs from offering revolving credit, warning that a blanket ban could disrupt wo...
AMFI announces 5 key initiatives to deepen mutual fund participation and strengthen investor awarenessAMFI has launched five initiatives to deepen mutual fund participation, focusing on investor education, women, smaller cities, first-time i...
RBI Board reviews global, domestic challenges, economic outlook risksThe RBI’s Central Board reviewed global and domestic economic challenges and risks to India’s outlook at its 624th meeting, chaired by Gove...
Govt reappoints Anand Mahindra to RBI board, names former Isro chief S Somanath as non-official directorAnand Mahindra has been reappointed to the Reserve Bank of India's central board. Former ISRO Chairman S Somanath also joins the board for ...
Ashok Leyland just had a record June quarter. So why did the margin fall a full point?Ashok Leyland's June-quarter has an unusual contradiction. The company sold 48,763 commercial vehicles, its highest-ever first-quarter volu...
RBI moves to distance self from bank deposit ratingsThe Reserve Bank of India has instructed rating agencies to refrain from categorizing it as the regulator overseeing bank deposits. This re...
Why did market fall today? N Chandra’s exit among 3 factors behind 188-pt Sensex slide; Nifty below 24,450Indian equities extended losses on Wednesday, with Sensex falling 188 points and Nifty declining 36 points, amid pressure on Tata Group sto...
Why Tata Sons is facing pressure to list and what after Chandrasekaran resignsTata Sons Chairman N Chandrasekaran is preparing to step down after nearly a decade, putting succession, Tata Sons listing and the balance ...
AvenuesAI Q1 PAT rises 45 percent; Company positions Rediff, US Payments and AI as next growth enginesAvenuesAI's consolidated revenue from operations more than doubling 109% year-on-year to Rs 2,680.4 crore and profit after tax rising 45% t...
India sixth-largest economy at $3.92 trillion nominal GDP in FY26: GovernmentIndia's economy reached sixth globally with a $3.92 trillion GDP in 2025-26. Government strategies focus on agricultural productivity and m...
Government approves introduction of one billion polymer banknotes of Rs 10 and 20The government has approved polymer banknotes for field trials and regular issuance. Inflation has declined steadily, though recent pressur...
FPIs, trading companies tap Sebi, centre for tax breatherInvestors from abroad are pressing regulators for a decrease in securities transaction taxes to alleviate the burden of double capital gain...
Urban cooperative bank license applicants need a minimum Rs 300 crore of capital and Rs 10000 crore of deposits, says RBIThe Reserve Bank of India is resuming urban cooperative bank licenses after two decades. Eligible credit societies need a minimum capital o...