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RBI ACTION ON RECOVERY AGENTS
RBI revises Kisan Credit Card norms, standardises crop season definitionThe Reserve Bank has revamped the Kisan Credit Card (KCC) Scheme, standardizing crop season definitions for uniform loan sanctions and repa...- Collective Artists Network expands Galleri5 AI Studio with Agentic CanvasCollective Artists Network launches Agentic Canvas, an AI-native creative platform featuring 12 specialized agents that collaborate like a ...
- Righteous actionJains observe Shrut Panchami on June 19, celebrating the written preservation of Lord Mahavir's teachings. This sacred scripture, the Shatk...
- OFCD case: SC agrees to hear SEBI's plea against SAT relief to SICCL managersThe Supreme Court will hear a plea from SEBI. SEBI challenges a Securities Appellate Tribunal order. The order granted relief to four manag...
- Rupee’s oil relief capped by RBI's FX book, interest payment hedges, bankers sayThe Indian rupee's upward surge encounters some obstacles. As the Reserve Bank of India gradually dissolves a hefty foreign exchange forwar...
- CNTXT AI acquires Actualize to strengthen Arabic voice AI for enterprise and government across the GCCUAE-based CNTXT AI has acquired Actualize, an enterprise AI company specializing in dialect-aware Arabic voice agents. This move significan...
- How 'chull' led an IIT Kanpur graduate to leave a $300,000 job and build an AI startupSahil Dhull left a senior role at Cohesity due to a persistent urge to pursue an idea, launching AGI Interfaces. The venture is developing ...
- Banks asked to track movable assets to aid loan recoveriesThe government is collaborating with banks to create a system for sharing borrower asset information. This aims to speed up the recovery of...
- California Gov. Gavin Newsom says Trump's DoJ is investigating him and his wifeCalifornia Governor Gavin Newsom accused the Justice Department of a politically motivated investigation targeting him and his wife, allegi...
- RBI puts curbs on banks' sale of third-party productsThe Reserve Bank of India has prohibited third-party incentives to employees of regulated entities, while allowing banks and NBFCs to rewar...
- RBI releases final guidelines on marketing, sales incentives of financial productsRBI has prohibited third-party incentives to employees of regulated entities for selling financial products, while allowing banks and NBFCs...
- Salesforce to buy AI agent platform Fin for about $3.6 billionSalesforce is acquiring Fin, an autonomous AI agent platform, for approximately $3.6 billion. This move will strengthen Salesforce's Agentf...
- Agentic AI adoption drives stronger governance oversight, risk controlsIndian companies are prioritising local AI rules over international ones. They are focusing on ethics, identity, and privacy as AI adoption...
- 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...
- Market Trading Guide: Allied Blenders among 2 stock recommendations for FridayDomestic markets recovered modestly on easing oil prices and selective buying in banking and pharma stocks. Analysts have recommended Allie...
- If AI agents can act on their own, who is responsible for their actions?Microsoft CEO Satya Nadella believes businesses should begin treating AI agents more like employees, complete with identities, permissions,...
- 84% of Indian banking leaders report rising fraud losses, AI-driven threats emerge as major concern: ReportAs artificial intelligence increasingly reshapes the financial sector, Indian banks are facing a sharp rise in fraud-related challenges, wi...
- Global watchdog calls for tighter controls on agentic AI in financeThe Financial Stability Board (FSB) in a report on Wednesday "strongly" encouraged boards to consider implementing safeguards to mitigate r...
- Loan recovery agent harassing you? Know these 6 borrower rights that can protect you
- 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 ...
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