RBI mandates kill switch for AI models at banks, introduces comprehensive model risk frameworkThe Reserve Bank of India is implementing stringent rules for banks and financial entities using Artificial Intelligence. A new draft frame...
25 Jun, 2026, 01.15 AM IST
RBI to raise large exposure limit for upper layer NBFC-IFCs to 45% from 35% of eligible capital baseThe Reserve Bank of India has boosted lending limits for top infrastructure finance firms, allowing them to extend up to 45% of their capit...
24 Jun, 2026, 05.45 PM IST
Rs 20 lakh investment for senior citizens: SBI FD vs SCSS vs RBI floating rate bond- which pays the highest?Investment options for senior citizens: Senior citizens seeking steady retirement income can choose between Senior Citizens Savings Scheme ...
24 Jun, 2026, 01.31 PM IST
CJP vehicle for message of frustration of youth but established political parties to take issue forward: Jairam RameshCongress leader Jairam Ramesh acknowledged the Cockroach Janata Party (CJP) movement as a significant expression of youth frustration but s...
24 Jun, 2026, 12.23 PM IST
Banks draw up cyber defence strategies to tackle AI risksIndian banks are bolstering cybersecurity with a four-pillar strategy against advanced AI threats. Focusing on code and identity protection...
24 Jun, 2026, 12.31 AM IST
Banks can offer loans for FCNR (B), rebook deposits, RBI clarifiesIndian banks can now lend against FCNR(B) deposits, with the RBI offering forex swaps only on the principal amount. This move aims to attra...
23 Jun, 2026, 06.56 PM IST
RBI clarifies FCNR(B) loan, SBLC eligibility under swap schemeIndian banks can now offer loans to non-residents and issue standby letters of credit against FCNR(B) deposits under a new RBI swap facilit...
23 Jun, 2026, 06.53 PM IST
RBI seen in no rush to press rate hike pedal, decision may get deferred to second half of FY27Economists are increasingly pushing back expectations of a Reserve Bank of India (RBI) interest rate hike, with many now seeing any tighten...
23 Jun, 2026, 09.18 AM IST
PFC raises $300 million through five year dollar bondPower Finance Corp successfully raised $300 million in international bonds, marking India's second such issuance since the RBI's special sw...
22 Jun, 2026, 09.19 PM IST
MSMEs nursery of entrepreneurship, key to Viksit Bharat vision: RBI Guv Sanjay MalhotraRBI Governor Sanjay Malhotra lauded MSMEs as crucial for India's growth, highlighting their role in entrepreneurship and employment. He not...
22 Jun, 2026, 05.53 PM IST
Banks seek RBI clarity on leveraged NRI FCNR deposit structuresIndian banks are seeking clarity from the RBI on allowing overseas branches to lend to non-residents for FCNR(B) deposits. Some lenders, li...
22 Jun, 2026, 05.30 AM IST
RBI overhauls Lead Bank Scheme after review, issues new guidelinesThe Reserve Bank of India has revamped the Lead Bank Scheme to boost district-level credit planning and financial inclusion. New guidelines...
21 Jun, 2026, 09.58 PM IST
Best banking & PSU mutual funds to invest in June 2026Banking and PSU debt funds offer a relatively safe investment avenue for investors looking for a few years. These schemes primarily invest ...
19 Jun, 2026, 09.15 AM IST
IDBI Bank share price rockets 19%. What’s triggering the massive surge?IDBI Bank shares rose sharply on Wednesday, extending a four-session rally amid heavy trading volumes and renewed optimism around the lende...
17 Jun, 2026, 02.31 PM IST
PSU banks see sharp jump in green deposits FY26; deploy funds for clean transport, renewable energyIndian state-owned banks witnessed a significant rise in green deposits during FY26. This growth reflects growing depositor interest in sus...
16 Jun, 2026, 05.21 PM IST
Govt needs to revive NITI Aayog's PSU, PSB privatisation program: Arvind PanagariyaFormer NITI Aayog vice chairman Arvind Panagariya urges the government to revive privatization of public sector undertakings and banks. He ...
15 Jun, 2026, 04.27 PM IST
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...
10 Jun, 2026, 02.06 PM IST