The framework, released on February 6, 2026, replaces the existing flat premium rate of 12 paise per Rs. 100 of assessable deposits (AD) with a differential pricing structure. Under the revised system, banks will be categorised based on risk scores derived from the Deposit Insurance and Cred
A Division Bench comprising Chief Justice DK Upadhyaya and Justice Tejas Karia issued notice to the Union of India through the Ministry of Finance, the Reserve Bank of India (RBI), and the National Payments Corporation of India (NPCI).
The Reserve Bank of India's (RBI) new rules on banks' capital market exposure will allow lenders to actively participate in corporate takeovers, mergers and acquisitions (M&A), and leveraged buyouts, according to a report by JM Financial.
India's foreign exchange reserves dipped USD 6.711 billion in the week that ended February 6 to USD 717.064 billion, after having reached a new all-time high in the prior week, according to the Reserve Bank of India's latest data.
The revision in the Consumer Price Index (CPI) base year has had a limited impact on monetary policy interpretation, and the Reserve Bank of India (RBI) is expected to maintain status quo on interest rates in the coming quarters, according to a report by Union Bank of India.
New Delhi [India], February 12: Following a historic start to 2026 that saw gold prices climb to ₹1,60,540 per 10 grams, Muthoot Finance is providing a roadmap for consumers to navigate this new landscape. This 18% surge in value has prompted the gold loan leader to issue a market advisory,
A key highlight of the draft directions is a clear prohibition on "compulsory bundling," defined as making the availability of one product or service conditional upon the purchase of another, whether offered by the bank itself or a third party. The RBI has also introduced a detailed definiti
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
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
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
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