IREDA Identifies Gensol Engineering and Gensol EV Lease as Fraudulent; Reports to RBI
The state-owned Indian Renewable Energy Development Agency Ltd (IREDA) announced on Friday (July 10) that it has classified the loan accounts…
RBI warns parliamentary committee against legalizing cryptocurrencies in India, highlighting economic risks.
On Thursday, the Reserve Bank of India informed a parliamentary panel that virtual digital assets, including cryptocurrency, pose a…
RBI Warns That AI-Powered Cyberattacks Are the Greatest Immediate Risk for Indian Banks
The Reserve Bank of India (RBI) identified AI-driven cyber threats as the “most critical” near-term risk for the country’s banking…
CNBC-TV18 Report: RBI Approves 3-Month Extension of Keki Mistry’s Term as Interim Chairman of HDFC Bank
HDFC Bank Ltd, the second-largest lender in the country, announced on Thursday (June 18) that the Reserve Bank of India (RBI) has approved the…
RBI Relaxes Capital Regulations for Banks Participating in Emergency Credit Guarantee Scheme 5.0
The Reserve Bank of India (RBI) has reduced capital requirements for banks regarding loans supported by the Emergency Credit Line Guarantee…
RBI Requests Feedback on Proposed Changes to the Standardized Method for Counterparty Credit Risk
On Wednesday, June 10, the Reserve Bank of India (RBI) called for public input on proposed amendment directions regarding the Standardised…
RBI fines Canara Bank
On Friday (June 5), the Reserve Bank of India (RBI) announced that it has levied a penalty of ₹1.8 lakh against Canara Bank for failing to…
RBI designates Sahamati as a Self-Regulatory Organization for the Account Aggregator framework.
The Reserve Bank of India (RBI) has designated Sahamati as the Self-Regulatory Organisation (SRO) for India’s Account Aggregator (AA)…
RBI Launches FY26 Surveys on Global Exposure of Mutual Funds and IT Services Exports
The Reserve Bank of India has initiated two annual statistical surveys for the 2025–26 period, focusing on mutual funds’ international…
RBI Enforces 3-Year Break for Co-operative Bank Directors Following a Decade of Service
The Reserve Bank of India (RBI) has strengthened governance regulations for Urban Co-operative Banks (UCBs) by limiting the continuous tenure…