Gunveer Singh Appointed RBI Executive Director
Reserve Bank of India has appointed Gunveer Singh as Executive Director (ED) with immediate effect from May 18, 2026. The…
Subrat Mohanty Gets 3-Year Extension After Reserve Bank of India Approval
In a significant leadership development in Axis Bank, the third largest private sector bank in India has announced that Subrat…
RBI to Introduce ECL Provisioning Framework for Banks and FIs from April 1, 2027
In a landmark move to strengthen India’s banking system, the Reserve Bank of India has announced that banks and financial…
Reserve Bank of India Cancels Banking Licence of Paytm Payments Bank
The Reserve Bank of India (RBI) has officially cancelled the banking licence of Paytm Payments Bank (PPBL), marking the end…
RBI Allows NBFCs to Open Branches Without Prior Approval; Eases Expansion Norms
In a major step towards improving ease of doing business, the Reserve Bank of India has allowed non-banking financial companies…
RBI Proposes New Asset-Based Framework for NBFC Upper Layer Classification
The Reserve Bank of India has proposed a new methodology to identify Upper-Layer Non-Banking Financial Companies (NBFC-ULs) by introducing an…
RBI Mandates Same-Day Credit for Cross-Border Inward Payments
In a significant step to enhance customer experience, the Reserve Bank of India has directed banks to ensure same-day credit…
RBI Proposes Easing Capital Norms for Banks, Offers Relief on CRAR Calculation
The Reserve Bank of India has proposed key regulatory changes aimed at providing greater flexibility to banks in capital management.…
RBI Keeps Repo Rate Unchanged at 5.25% in April 2026 MPC Meeting
The Reserve Bank of India Monetary Policy Committee (MPC), in its first meeting for FY27, has decided to keep the…
RBI Keeps FPI Investment Limits in Debt Market Unchanged for FY27
The Reserve Bank of India has decided to retain the existing investment limits for Foreign Portfolio Investors (FPIs) in the…
RBI Cancels Licence of Shirpur Merchants’ Co-operative Bank
In a decisive regulatory action, the Reserve Bank of India has cancelled the licence of Shirpur Merchants’ Co-operative Bank Ltd.,…
RBI to Introduce Benchmark Issuance Strategy (BIS) for State Borrowings from FY27
In a move aimed at improving transparency and efficiency in state borrowings, the Reserve Bank of India has decided to…
RBI Approves Emirates NBD’s Acquisition of Up to 74% Stake in RBL Bank
In a significant development in India’s banking sector, the Reserve Bank of India has approved Emirates NBD (ENBD) to acquire…
Reserve Bank of India Extends Trade Relief Measures to Support Exporters
The Reserve Bank of India (RBI) has introduced fresh trade relief measures to support exporters facing ongoing logistical disruptions and…