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RBI PRE APPROVED CREDIT
- Former finance services secy Rajiv Kumar named HDFC Bank part-time chairman
Kumar (66), a seasoned public policy leader and financial sector reformer, is widely credited with playing a key role in revitalising India...
HDFC Bank overhang eases, Kotak CEO exit creates fresh uncertainty: What Pranav Gundlapalle is watching nowIndia's private banking sector faces pivotal moments with two major players at different junctures. HDFC Bank awaits RBI's nod for its CEO,...
Kotak Mahindra Bank shares fall 3% after CEO's surprise exit. What Nomura, Jefferies saidAnalysts at Nomura and Jefferies, however, maintain 'Buy' ratings, with Nomura highlighting Anup Kumar Saha as a strong internal candidate....
New rules from July 1, 2026: Aadhaar, passport, ITR deadline, credit card and railway changes you must knowJuly 2026 ushers in significant financial shifts for Indians. Expect revised credit card benefits, increased passport fees, and stricter ra...
RBI's dollar inflow measures buy time, but external risks remainThe Reserve Bank of India's recent measures to boost dollar inflows are a temporary fix, economists warn. While these steps aim to stabiliz...
HDFC Bank likely to reappoint Sashidhar Jagdishan as CEO for third termHDFC Bank's board is poised to reappoint Sashidhar Jagdishan as MD & CEO for a third term following external legal reviews clearing the ban...
Easing of West Asia conflict reduces downside risk to 6.6% growth forecast: Ram Singh, Director, Delhi School of EconomicsAny moderation in El Nino effects and resolution of geopolitical uncertainty will further reduce the downside risks to growth. Operationali...
FEMA rules revision: Exporters flag at least half-a-dozen worriesIndian exporters are urging the Reserve Bank of India to reconsider revised FEMA regulations, citing potential disruptions to trade and liq...
How RBI’s 2026 TReDS directions advance the MSME financing reformWith the Budget setting the policy direction and the RBI directions providing the regulatory foundation, TReDS is well positioned to move f...
Banks' credit steady at 17.7%, deposits ease to 12%: RBIBank credit growth stayed steady at 17.7% for the fortnight ended June 15, unchanged from the previous period, while deposit growth eased s...
RBI proposes to further enhance money market participation, liquidityThe Reserve Bank of India is proposing new guidelines to boost participation and liquidity in the term money market, allowing entities to s...
RBI says no to special exposure relaxations for state NBFCsThe Reserve Bank of India has firmly rejected requests for special exemptions from concentration norms for government-owned NBFCs, emphasiz...
RBI tightens rules on recovery of excess pension paymentsGovernment pensioners will now have stronger protection against unexpected deductions from their accounts. The Reserve Bank of India has ma...
RBI finalises digital banking fraud protection rules; introduces shadow reversal, extends relief to sole proprietorsVictims of digital payment fraud losing up to Rs 50,000 can now get up to Rs 25,000 compensation from banks, effective January 1, 2027. The...
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...
RBI expands digital fraud protection, introduces compensation for small-value scam victimsThe RBI has expanded customer protection rules for digital payment frauds to cover cases where people are tricked into sending money to sca...
RBI says UPI-linked credit lines must follow same rules as traditional loans; Closes regulatory arbitrageThe Reserve Bank of India has mandated uniform prudential treatment for all credit facilities, including those disbursed via UPI. This move...
RBI allows guarantee cover for TReDS financing in fresh directionsThe Reserve Bank of India has enhanced credit access for MSMEs by allowing financiers on TReDS platforms to secure guarantee cover for fina...
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...
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...