Reserve Bank of India (RBI) has imposed penalties of Rs11.60 lakh on three cooperative banks and one housing finance company ...

Reserve Bank of India (RBI) has imposed a penalty of Rs26 lakh on two cooperative banks for non-compliance with the ...

The payments bank's new official domain, jiopayments.bank.in, replaces jiobank.in as part of RBI compliance and enhanced ...

Fraud reported by banks declined in 2024-2025 to 23,953 as compared to 36,060 in the previous year though the amount involved ...

Summarizing RBI’s FREE-AI framework: 7 principles (Trust, Fairness, Accountability) for AI governance in Indian banks and ...

RBI directs banks to offer nomination at account opening; customers can opt out with written declaration. Directions ...

Banks urge RBI to increase acquisition finance limits, advocating for higher exposure caps and funding for unlisted companies ...

The arrangement was expected to help ESAF Financial Holdings meet the Reserve Bank’s ownership dilution requirements without ...

The Bengaluru-headquartered lender had applied to transition from a small finance bank to a universal bank in June this year.

Sources familiar with the matter said that a few large public-sector NBFCs are likely to be added to the upper-layer list, as ...

The Reserve Bank of India turned down a proposal by the country’s largest bank to increase its stake in an institutional ...

Jana Small Finance Bank’s bid to become a universal bank was set back as RBI returned its application, citing unmet eligibility criteria. The bank plans to address gaps and reapply.