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Digital systems secure, says Axis Bank amid AI platform-driven vulnerability claims on cybersecurityAxis Bank assures its digital systems are secure. The bank states cyber fraud largely occurs when customers are tricked by external communi...- IndusInd Bank faces fresh whistleblower allegationsThe new complaint alleges insider trading by Samir Agarwal, former zonal head of eastern India at IndusInd Bank, manipulation of financial ...
- FM Sitharaman says Government open to hear investor concerns on LTCG, STCG taxationFinance Minister Nirmala Sitharaman has indicated the government is ready to listen to stock market investors. Concerns regarding Long-Term...
- 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...
- 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...
- RBI discontinues investment fluctuation reserve requirement for banksThe Reserve Bank of India has discontinued the Investment Fluctuation Reserve for commercial banks. This change takes effect from May 18, 2...
- From axles to rare earth: India draws up list of 100 products it still can't make enough ofIndia is set to boost its manufacturing sector by identifying around 100 products for domestic production. This initiative aims to reduce r...
- Why Tata Sons is facing pressure to go public | An explainerTata Sons is under pressure to list on the stock market. This comes from its shareholders and potential Reserve Bank of India rules. A boar...
- Uncertainty scars J&K’s economy and impacts banking, but resilience here is remarkable: Amitava Chatterjee, J&K BankJammu and Kashmir Bank has recorded its highest profit to date, soaring to Rs 2363.47 crore in FY-26. This achievement marks a significant ...
- RBI proposes upper layer NBFCs to be defined by absolute asset size of ₹1 lakh crore+Reserve Bank of India is proposing a new rule for identifying top NBFCs. A simple asset size of Rs 1 lakh crore will now determine classifi...
- RBI may soon make you wait an hour before your UPI transfers goes throughThe Reserve Bank of India is exploring new measures to curb digital payment fraud. A key proposal suggests a one-hour pause for large trans...
- RBI seeks comments from stakeholders on draft circular on disclosure of forex transactionsThe Reserve Bank of India is enhancing transparency in foreign exchange dealings. A new draft circular proposes mandatory disclosure of all...
- RBI issues omnibus framework for recognising SROs for regulated entitiesThe omnibus framework prescribes the broad objectives, functions, eligibility criteria and governance standards, which will be common for a...
- RBI to review arbitrary penal charges on loans; to release draft guidelines soonCurrently, the penal amount levied varies within banks and also among NBFCs. The penal charges levied are arbitrary by the bank i.e, each b...
- RBI asks payment system stakeholders to submit feedback on digital payment chargesIn December last year the regulator had said that it will release a discussion paper on various charges levied by banks and institutions fo...
- RBI yet to take call on working group's suggestion of corporates running banksThe RBI's internal working group to review the current guidelines pertaining to ownership and corporate structure of Indian Private sector ...
- 'RBI considering comments on bank exposure norms to group comapines'The draft had been prepared in the light of experience gained in monitoring of identified financial conglomerates during last few years, RB...
- RBI seeks views of stakeholders on terms of reference of Nair Committee on priority sector lendingThe RBI has sought views of stakeholders on the terms of reference of Nair Committee to look into various issues related to priority sector...
- No proposal for merger of PSBs, says govtMinister of state of finance Namo Narain Meena said no in a reply to a question whether govt has taken a decision to merge public sector ba...
- Finance ministry okays norms for new bank licences, with FDI riderThe finance ministry has cleared the RBIs draft guidelines on new bank licences with a rider that the existing 74% cap on FDI be retained.
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