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RBI APPROVALS
RBI proposes unified framework for banks' risk, compliance and audit functionsThe Reserve Bank of India has released a draft framework for bank control and assurance functions. This aims to simplify rules and boost go...
Is RBI replacing paper currency with plastic notes from June 30, 2026? Check detailsViral social media claims about the Reserve Bank of India replacing paper currency with plastic notes by June 30, 2026, are false. The Pres...
How a simple home loan EMI calculation before you apply can reduce your interest burdenA home loan EMI calculator is an invaluable tool for financial planning, allowing users to estimate monthly repayments, total interest, and...
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...
India eyes more FDI, speed up divestment, asset monetisation as economy faces external risksIndia's government is set to accelerate reforms, focusing on attracting foreign investment and divesting assets. This strategy aims to main...
Amazon India head on qcomm; senior exit at Z47Happy Monday! Amazon India’s Samir Kumar said the company is gunning for the top spot in the country’s quick commerce market. This and more...
Rupee slide pushes overseas students back to lenders for top-up loansA significant rupee depreciation has forced Indian students studying abroad to seek top-up loans from lenders, as initial loan amounts fall...
More economic safeguards on the cards as West Asia conflict persists: ReportIndia is preparing new measures to protect its economy from the West Asia conflict. The government will introduce these steps gradually as ...
RBI approves Sahamati as SRO for Account Aggregator ecosystemThe Reserve Bank of India has recognized Sahamati as the Self-Regulatory Organisation for the Account Aggregator ecosystem. This move forma...
Govt scraps capital gains tax on foreign investment in bondsIndia has eliminated long-term capital gains tax on FII investments in government securities, effective April 1, 2026, to attract foreign c...
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...
RBI calls off T-Bill auction on higher-yield demandThe Reserve Bank of India (RBI) withdrew its ₹12,000 crore treasury bill auction for 182-day and 364-day maturities, reportedly due to high...
India tightens checks on overseas flows as currency pressure mounts, sources sayIndia's central bank and markets regulator are intensifying scrutiny on overseas investments by firms and family offices, issuing multiple ...
Silver imports via authorised channels onlyNew import rules for silver are now in effect. All silver imports must go through specific government-approved channels. This includes agen...
Rules in the works to enable G-Sec, repo deals by insurersInsurers will soon be able to undertake repo and government securities lending transactions. The insurance regulator is developing an opera...
Axis Bank hikes stake in Axis Max Life Insurance to 19.9%Axis Bank has boosted its stake in Axis Max Life Insurance. The bank and its subsidiaries now hold 19.99 percent of the insurer. This move ...
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...