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RBI APPROVAL BANK OPERATIONS
- Embassy REIT raises Rs 1,000 cr via debentures to refinance debt
Embassy Office Parks REIT has effectively secured Rs 1,000 crore via non-convertible debentures, aimed at refinancing its existing debts an...
Are all banks open on Sunday, September 27, 2026? Check status ahead of three-day bank strikeCustomers can visit public sector banks and Regional Rural Banks on September 27, as they will remain operational ahead of the impending st...
Embassy REIT raises Rs 1,000 crore in first bank financing at trust levelEmbassy Office Parks REIT successfully raised Rs 1,000 crore through floating-rate non-convertible debentures in a notable transaction. Thi...
Bank Strike Dates: Are private banks also closed from September 28–30? Know which banks may be affected and what customers should doA significant bank strike is set to unfold nationwide from September 28 to 30, leading to substantial service interruptions in public secto...
Banks likely to deploy FCNR(B) liquidity in coming months as festive credit demand rises: RBI Deputy GuvReserve Bank Deputy Governor Rohit Jain stated that banks are expected to deploy additional liquidity from FCNR(B) deposits. This deploymen...
Are banks working on Sunday, September 27, 2026? Confusion prevails as banks and unions differ on working day statusThe State Bank of India has announced that all its branches will be open on Sunday, September 27, 2026. Despite this, the All India Bank Of...
Bank strike news: Will September salary be credited on 25th? What Central govt order saysBank strike news: The September 2026 bank strike has raised questions over salary payments. A Ministry of Finance order allows Central Gove...
Amazon Pay India revenue rebounds 18% in FY26, loss widens 33% as costs riseRevenue from operations grew 18.5% to Rs 2,484.4 crore during the fiscal under review, up from Rs 2,096.6 crore in FY25.
Bank strike update: Are banks open this Saturday and Sunday? Here's what Rbi says after union allows employees to attend officeIn a proactive measure, the Reserve Bank of India has granted approval for banks to remain open on Sunday, September 27, 2026. This strateg...
Banks to remain open on Sunday, September 27? Finance ministry issues key update to assist customersThe Finance Ministry has announced that all Public Sector Banks and Regional Rural Banks will operate normally on September 27. This decisi...
WACR tops repo rate for first time in nearly 2 monthsLiquidity in the banking sector has contracted to below ₹5 lakh crore, causing the weighted average call rate to rise to 5.31%. The Reserve...
RBI warns banks against a loan price warIn situations where banks are inundated with liquidity, the natural tendency among many lenders is to push loans and go down the credit mat...
RBI amends valuation rules for InvIT, REIT units held by all-India financial institutionsThe RBI has amended valuation norms for InvIT and REIT units held by all-India financial institutions, introducing separate provisions for ...
RBI weighs Anup Bagchi for HDFC top job; seeks feedback from Irda, ICICI Bank on his candidature due to 3-year gap from mainstream bankingThe Reserve Bank of India is actively seeking opinions on the possible appointment of Anup Bagchi as CEO of HDFC Bank. Currently with ICICI...
RNFI Money gets RBI approval to undertake cross-border trade remittancesRNFI Money, a wholly owned subsidiary of RNFI Services, has received RBI approval to undertake cross-border trade remittances. The licence ...
India bonds calm as oil dip counters US selloff, RBI salesIndian government bonds held their ground on Monday, buoyed by a decline in oil prices that helped mitigate domestic supply issues arising ...
Amid strike threat, Fin Secy Sanjay Lohia calls bank chiefs' meet to ensure servicesFinancial services secretary Sanjay Lohia has called a meeting with public sector bank, RRB and NABARD heads on Monday to ensure uninterrup...
RBI orders removal of Maharashtra minister Babasaheb Patil, seven Latur bank directorsRBI has ordered the removal of Maharashtra Cooperation Minister Babasaheb Patil and seven other directors from Latur District Central Coope...
Fed hike, RBI moves hand India bonds a fifth weekly lossIndian government bonds have fallen for five consecutive weeks. A Federal Reserve rate hike and RBI liquidity measures emboldened bond mark...
RBI’s Rs 50,000 crore OMO sale gets bids worth Rs 66,590 croreThe Reserve Bank of India's open market operation sale received robust investor interest. This operation aimed to absorb surplus liquidity ...