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Ethics in banking not a "Soft Theme" but core discipline, says RBI Deputy
Updated : 1 month ago IST
While speaking at the Axis Bank Champions Awards ceremony, the RBI DG said, "Every large organisation faces moments of temptation: the temptation to cut corners, to postpone a difficult disclosure, to take a convenient interpretation, or to treat a complaint as an inconvenience. Ethics is wh
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A 2,124-Year Insurance Policy Triggers RBI Action, and the Launch of NYVO
Updated : 1 month ago IST
New Delhi [India], February 11: A nationalised bank in Maharashtra sold a life insurance policy to a 90-year-old man. The annual premium was ₹2 lakh. The maturity date of the policy was the year 2124. This was not a hypothetical case or an isolated error, it happened. The Reserve Bank of Ind
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Govt, RBI roll out measures to improve health, governance of cooperative b
Updated : 1 month ago IST
As part of efforts to support business expansion, Urban Cooperative Banks (UCBs) have been permitted to open new branches, enabling wider outreach and improved customer access. In a move aimed at boosting credit flow, the permissible housing loan exposure of UCBs has been raised to 25 per ce
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"This landmark move for REITs supports their long-term growth"; Indian REI
Updated : 1 month ago IST
Announced by RBI Governor Sanjay Malhotra during the latest Monetary Policy Committee meeting, this policy shift is expected to provide the commercial real estate sector with much-needed access to stable, long-term capital. According to the association, "This landmark move strengthens the fi
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Digital arrest cases: SC directs MHA to adopt RBI's SOP on cyber frauds
Updated : 1 month ago IST
The Supreme Court on Monday directed the Ministry of Home Affairs (MHA) to formally adopt and implement, across the country, the Standard Operating Procedure (SOP) issued by the Reserve Bank of India (RBI) on January 2, 2026, to ensure effective inter-agency coordination in cases of cyber
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RBI allows collateral free loans of up to Rs 20 lakh to MSEs
Updated : 1 month ago IST
"Banks are mandated not to accept collateral security in the case of loans up to Rs 20 lakh extended to units in the MSE sector. Banks are also advised to extend collateral-free loans up to Rs 20 lakh to all units financed under the Prime Minister Employment Generation Programme (PMEGP) admi
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RBI likely at end of rate-cut cycle, to opt for long pause as inflation ri
Updated : 1 month ago IST
The Reserve Bank of India (RBI) has likely come to the end of its rate-cutting cycle and is expected to opt for a long pause, as there appears to be limited room to lower interest rates further unless the new series of CPI and GDP throw up unforeseen surprises, according to a report by Bank
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India's forex reserves touch fresh record high of $723.8 billion
Updated : 1 month ago IST
India's foreign exchange reserves reached another new all-time high in the week ended January 30, according to the Reserve Bank of India's latest data.
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Transcorp International Limited Receives RBI's In-Principle Approval for C
Updated : 1 month ago IST
Jaipur (Rajasthan) [India], February 7: Transcorp International Limited has received in-principle approval from the Reserve Bank of India (RBI) for participation in Centralized Payment Systems (CPS), marking a significant development in its banking services infrastructure. The CPS authorisat
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Inflation needs monitoring in FY27 as new CPI series kicks in: SBI Researc
Updated : 1 month ago IST
The trajectory of inflation needs to be monitored before taking a monetary policy call by the Reserve Bank in 2026-27, with the Consumer Price Index (CPI) series set to come into effect soon, said SBI Research in a report.
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RBI likely to stay on hold as inflation pressures build: Crisil
Updated : 1 month ago IST
Crisil expected CPI inflation (for the 2011-12 series) to rise to 5% in the next fiscal, driven by the normalisation of food inflation from deflationary levels in the current fiscal. However, non-food inflation is expected to remain benign, supported by lower crude oil prices and the continu
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Growth outlook improves, rates likely on hold through FY27: Kotak AMC's De
Updated : 1 month ago IST
While speaking with ANI, Agarwal said, "the decision reflects improving macroeconomic conditions, with inflation stabilising near the 4% target and downside risks to growth easing." "Inflation is now stabilising at around 4% and the downside risk to growth has reduced. In that context, it wa
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