RBI Engages with Banks to Explore Strategies for Increasing Stable Deposits
India’s central bank is soliciting feedback from commercial lenders on strategies to attract larger and more stable deposits, as a shift in…
Major Headlines: JD Vance Travels to Pakistan for US-Iran Discussions, Market Surge, RBI Suggests Revisions for NBFCs, and More
US Vice President JD Vance is en route from Washington to Islamabad for significant peace talks involving Iran, with Pakistan facilitating…
Headlines: Trump Intensifies Iran Statements, ₹ Strengthens Following RBI Measures, Oil Prices Exceed $110, and Additional News
Global markets have reverted to a risk-off sentiment amid escalating tensions in West Asia, as Donald Trump cautioned about ongoing military…
Banks Call on RBI to Ease New Regulations Amid $30 Billion Deleveraging Threat
Lenders in India are calling on the central bank to ease the stricter regulations on foreign-exchange transactions, which have surged to at…
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…