The Securities and Exchange Board of India fined CDSL one crore rupees. This penalty addresses cybersecurity and operational lapses followi...

Markets declined on Monday due to disappointing earnings and geopolitical worries. CDSL faced a Rs 1 crore penalty from Sebi for cybersecur...

A noticeable gap between credit and deposit growth is troubling the banking landscape. Consumers are shifting their savings from traditiona...

A proposal to introduce a merchant discount rate (MDR) on UPI transactions above ₹2,000 for businesses with annual turnover of ₹1-1.5 crore...

RBI Deputy Governor Swaminathan J stressed reviewing internal grievance redressal processes. He asked regulated entities to design complain...

Around 55.49 crore UPI users were onboarded by June 2026, Parliament was informed. UPI transactions reached 24,162 crore in volume and Rs 3...

The Ram Temple trust has deployed a new cash counting team following a donation embezzlement row. A two-shift system under State Bank of In...

HDFC Bank has delayed recommending CEO Sashidhar Jagdishan's reappointment to the Reserve Bank of India (RBI) as its independent directors ...

Banks anticipate a surge in FCNR-B deposits before the September deadline. Initial inflows have been below expectations, but partnerships a...

Expected FCNR(B) deposit inflows are now projected at fifty to fifty-five billion dollars. Taxation complexities for nonresidents and tight...

The system disseminates Indian Standard Time, traceable to the national time-keeping authority UTC (NPLI), using Precision Time Protocol-ba...

Indian banks report robust loan growth driven by corporate demand. Companies are shifting from expensive bond markets to cheaper bank borro...

Trade and NBFC credit are expected to remain among the fastest-growing segments of India's banking system, supported by rising formalisatio...

The Reserve Bank of India has imposed penalties on six financial companies. Muthoot Finance received a Rs 5.80 lakh fine for risk managemen...

NLC India Renewables has engaged four investment banks to facilitate its much-anticipated initial public offering. This IPO is designed to ...

The Reserve Bank of India has proposed a new data governance framework. This framework aims to strengthen data risk management for financia...

HDFC Bank received RBI approval for Rajiv Kumar's appointment as part-time chairman. His three-year term as chairman will begin on July 15,...