Banks want RBI approval to apply new rules for closing old trade deals. These unsettled transactions have accumulated to nearly one lakh cr...

HDFC Bank has nominated Kaizad Bharucha and an external candidate for the top leadership role. The bank seeks a six-month tenure rule relax...

India's largest private lender HDFC Bank has submitted ⁠the ⁠names of two candidates to the Reserve Bank ⁠of India for the position ⁠of man...

Bank Holiday Today: Banks in India observe closures on the second and fourth Saturdays of the month, as well as on Sundays and other region...

Finance Minister Nirmala Sitharaman urged the Reserve Bank of India to advance digital rupee pilots. She highlighted tokenisation's role in...

Finance Minister Nirmala Sitharaman highlighted artificial intelligence as a double-edged sword for financial systems. She advocated for a ...

IndusInd Bank faces a Rs 1 crore penalty from IRDAI for failing to provide an adequate, insurance-specific grievance redressal mechanism fo...

India's digital finance sector now prioritizes trust and resilience over access. Technology transforms finance, but trust remains the essen...

An 88-year-old was sold a deferred annuity policy despite age restrictions, leading to a Rs 1 crore penalty for Canara HSBC Life. IRDAI fou...

SBICAP Securities has partnered with Appreciate Broking IFSC to give retail investors regulated access to more than 8,000 US stocks and glo...

Central banks must monitor energy price impacts and potential second-round inflation effects. Global regulatory coordination is crucial for...

The Reserve Bank of India plans a significant 26-day auction this Friday, targeting the withdrawal of Rs 5 lakh crore from the inter-bank m...

A New Zealand woman faced a harrowing experience after depositing forty thousand dollars. Her newly opened Chase bank account was locked an...

Regulators and central banks expressed concerns regarding cryptocurrencies and stablecoins. Nandan Nilekani highlighted tokenization's pote...

India’s market regulator Sebi is intensifying scrutiny of global financial firms, targeting entities linked to JPMorgan, Jane Street, Bank ...

Sebi has removed trading restrictions on Copthall Mauritius Investment and Mansi Share after they deposited questionable gains with the reg...

The Reserve Bank of India has approved ICICI Prudential Asset Management Company's proposal. This approval allows an aggregate holding of u...