HDFC Bank shares surged over 3% following a Reuters report indicating independent legal reviews found no major governance lapses. This ease...

Shares of One 97 Communications, the driving force behind Paytm, have taken a hit following the Reserve Bank of India's unexpected move to ...

The Reserve Bank of India has cancelled the banking licence of Paytm Payments Bank. This action follows persistent compliance issues. The b...

The Serious Fraud Investigation Office is investigating IndusInd Bank's derivatives portfolio. Major audit firms associated with the bank o...

Domestic investors now own 50.3% of the digital payment firm's equity, marking a transition to majority Indian ownership and control. This ...

Despite the government’s TReDS push, experts say the RBI’s move to ease onboarding lacks clarity as credit ratings continue to be a key bot...

The Serious Fraud Investigation Office is investigating IndusInd Bank's accounting irregularities. Key former executives have been summoned...

Indian Banks Governance Risk: Indian banks are facing new challenges. Investor focus is shifting from bad loans to governance and leadershi...

RBI's Deputy Governor, J. Swaminathan, recently pointed out that the root cause of financial crises lies in governance failures, not insuff...

The RBI statement directed JM Financial Products to “cease and desist, with immediate effect, from doing any form of financing against shar...

Reserving its verdict on a batch of pleas challenging the Centre's 2016 decision, a five-judge constitution bench headed by Justice S A Naz...

The Reserve Bank of India (RBI) Tuesday told the Supreme Court that there was "no procedural lapse" in the demonetisation of '500 and '1,00...

‘It is an acknowledgement that there is a lapse in the ownership of banks’

RBI has not taken kindly to YES Bank’s off-results declaration.

Given this constraint, Patel said disciplinary actions that limit the chances of career progression are often the preferred punishment.

In specific context of frauds that have surfaced recently, RBI has put the onus on the govt.

A Deloitte report suggests serious lapses on the credit appraisal and automated NPA detection system of the bank.