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Can India govern AI it does not own? RBI’s model risk framework and its limitsRBI's new AI governance rules for banks place significant accountability on financial entities for all predictive models, including third-p...
RBI imposes Rs 66.7 lakh penalty on Bank of Baroda, GIC Housing FinanceThe Reserve Bank of India has levied significant penalties on Bank of Baroda and GIC Housing Finance for regulatory breaches. Bank of Barod...
Delhi government clears Rs 8,300-crore for 7-year programme to combat air pollutionIn a bid to improve air quality, the Delhi government has introduced an ambitious seven-year project worth Rs 8,300 crore, primarily funded...
ICICI Bank mulls first benchmark dollar bond sale since 2017ICICI Bank is planning its first benchmark US dollar bond sale since 2017, aiming to raise at least $500 million through offshore bonds. Th...
HDFC Bank develops own AI platform, fraud monitoring systemHDFC Bank is transforming into a tech powerhouse, developing its own AI platform, Neev, and a real-time fraud detection system. These in-ho...
Bombay HC paves way for cluster redevelopment of MHADA's two biggest layouts in Bandra, WorliMumbai's Bombay High Court has greenlit the cluster redevelopment of major MHADA layouts in Bandra Reclamation and Adarsh Nagar, Worli. The...
Udaan faces creditor heat; Bhavin Thurakia's fifth rodeoCreditors have dragged B2B ecommerce firm Udaan’s parent to Singapore court over a bond default. This and more in today's ETtech Top 5.
From WFH to 2x parking charge, these rules are now permanent in Delhi from Nov 1 to Feb 28Delhi has rolled out a permanent winter anti-pollution plan, effective November 1 to February 28 annually. This framework mandates strict m...
Delhi EV buyers get single-window charging push, wider charging network under new policyDelhi's new EV policy aims to boost electric vehicle adoption with a single-window clearance for charging stations and encouragement for ho...
Delhi notifies permanent Winter Pollution Master Plan; year-round PUC rule among key measuresDelhi has unveiled a permanent Winter Pollution Master Plan, effective annually from November 1 to February 28. This comprehensive strategy...
LDF walks out of Kerala Assembly, accuses CM Satheesan of 'misleading' House on fund cutsKerala Assembly saw a heated debate as the opposition LDF walked out, accusing Chief Minister V D Satheesan of misleading the House regardi...
RBI opens bank lending for acquisitions under new frameworkIndia's banking sector is set for a major overhaul with the RBI's new acquisition finance framework, effective today. This move integrates ...
Fintechs capture 57% share of small personal loans as stress mounts: RBI reportFintech lenders now dominate India's small personal loan market, holding over half of loans under Rs 50,000 by March 2026. This rapid expan...
Psychology says people who store food, groceries or supplies for any kind of lockdown-like situation aren't always overreacting: What this preparedness behavior can revealPsychology says people who store food, groceries or supplies for any kind of lockdown-like situation aren't always acting out of fear. Psyc...
Mehbooba claims party workers placed under house arrest to foil protests over 'backdoor appointments'PDP chief Mehbooba Mufti alleged that the NC government placed party leaders and workers under house arrest to suppress protests against al...
West Bengal assembly passes 4 key bills including anti-social activities lawWest Bengal Assembly passed four significant bills, including one to control anti-social activities and public property destruction. Amendm...
NCLT approves Mantra Properties’ resolution plan for stalled project in WorliThe NCLT Mumbai Bench has approved Pune-based Mantra Properties & Developers’ resolution plan to revive a stalled Worli residential project...