RBI Might Advocate for Board Changes at IndusInd Bank Following Hedging Controversy Over a Year Ago
Sources from the RBI indicate that several significant matters requiring the board’s attention were overlooked. Additionally, the bank is…
India approves updates to salaries and pensions for insurance employees, NABARD, and RBI retirees.
The Central Government has authorized wage adjustments for employees of Public Sector General Insurance Companies (PSGICs) and the National…
Payoneer Receives Preliminary Approval from RBI to Function as a Cross-Border Payment Processor.
Payoneer India, a fintech company, has obtained in-principle approval from the Reserve Bank of India to function as a payment aggregator for…
SBI Ends GMU Kolkata Lease; Community Demands RBI Intervention
The State Bank of India has decided to end the lease for its Global Markets Unit (GMU) premises in Kolkata, prompting concerns from a civil…
Manappuram Finance refutes claims of Bain deal delays, states RBI approval is still awaited.
Gold loan financier Manappuram Finance Ltd on Friday (January 9) rejected a media report alleging that its planned transaction with Bain…
RBI invites public feedback on proposed guidelines for dividends and profit repatriation.
The RBI is seeking public feedback on the draft Prudential Norms concerning Dividend and Remittance of Profit Directions, 2026, which will…
RBI Releases Revised Guidelines on Related-Party Lending, Permitting Non-Compliant Transactions Under Specific Conditions
The Reserve Bank of India (RBI) has released its Amendment Directions regarding Lending to Related Parties for banks, non-banking financial…
RBI Reports Improved Data Quality Ratings for Banks in March 2025
The Reserve Bank of India (RBI) has unveiled the Supervisory Data Quality Index (sDQI) for Scheduled Commercial Banks (SCBs) for the quarter…
RBI Governor Sanjay Malhotra: Stress from Unsecured Loans Eased, Yet MFI Loans Remain Challenged
The stress observed previously in unsecured loans and credit cards has “reduced”, stated Reserve Bank of India (RBI) Governor…