RBI Governor Sanjay Malhotra has launched Mission SAKSHAM, a national program set to train 1.4 lakh staff at Urban Co-operative Banks (UCBs). It aims to boost their skills, compliance, and operational resilience via in-person and online...
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The Reserve Bank of India (RBI) has cancelled the banking license of Paytm Payments Bank (PPBL), a move analysts view as a strong regulatory signal rather than a core business disruption for parent company One97 Communications. Despite a...
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The Reserve Bank of India has canceled Paytm Payments Bank's license. This forces parent company One 97 Communications to adopt a partner-led model. This new structure means lower profits and more reliance on third parties. While Paytm e...
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The Reserve Bank of India (RBI) will auction ₹32,000 crore in government bonds on April 24. This is part of the RBI's ongoing effort to manage India's large debt and upcoming loan repayments. With global uncertainty, domestic inflation,...
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The Reserve Bank of India has released draft rules for prepaid payment instruments (PPIs) to update and clarify regulations. Key proposals introduce a dedicated framework for 'UPI One World' wallets for foreign visitors, allowing foreign...
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The Reserve Bank of India (RBI) has lifted key restrictions on foreign exchange derivative trading for the Indian rupee. This move aims to improve market liquidity and make hedging easier for businesses, following a period of rupee weakn...
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Four senior RBI Executive Directors—Vivek Deep, Rohit Jain, Radha Shyam Ratho, and Ajay Kumar—are vying for the Deputy Governor position as T Rabi Sankar's term concludes. This selection carries significant weight, poised to influence In...
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India's central bank, the RBI, kept its key repo rate steady at 5.25% with a unanimous MPC decision, signaling ongoing monetary stability. The RBI also launched new rules to simplify compliance for banks and MSMEs, improve financial mark...
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The Reserve Bank of India (RBI) has revoked the banking license of The Shirpur Merchants' Co-operative Bank, effective April 6, 2026. The bank's license was canceled because it lacked sufficient capital and had poor earning prospects, me...
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SBI Research has proposed a dedicated Reserve Bank of India (RBI) forex window for Oil Marketing Companies (OMCs) to manage their large daily dollar demand and help stabilize the rupee. The Indian currency is currently under pressure fro...
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The Reserve Bank of India (RBI) is leading talks with four to five countries to build cross-border Central Bank Digital Currency (CBDC) systems. This aims to drastically cut costs and improve efficiency for remittances, a vital financial...
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The Reserve Bank of India is set to inject ₹1 lakh crore into the banking system via an overnight variable rate repo auction on March 23. This substantial operation, occurring despite a reported liquidity surplus, highlights the RBI's ag...
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The Reserve Bank of India is considering implementing a leadership rotation policy for large, systemically important non-banking financial companies (NBFCs). This move mirrors existing regulations for banks and aims to enhance corporate...
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The Reserve Bank of India (RBI) has postponed the implementation of its Unique Transaction Identifier (UTI) framework for over-the-counter (OTC) derivative transactions to January 1, 2027. This nine-month extension from the original Apri...
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