The Oman India Joint Investment Fund – Management Company (OIJIF) has announced the appointment of Satish Chavva as its new Chief Executive Officer (CEO), effective April 1, 2025. The private equity firm,…
Author: BNW News
RBI Imposes penalty on Shri Ganesh Sahakari Bank for non-compliance
The Reserve Bank of India (RBI) has imposed a monetary penalty of ₹1 lakh on Shri Ganesh Sahakari Bank Limited, located in Nashik, Maharashtra, for contravening the provisions of the Banking Regulation…
The New Waqf Bill: A bold step or Government overreach?
The Waqf system, deeply rooted in Islamic tradition, has long been a cornerstone of religious and charitable life for India’s Muslim community. Waqf properties, which are essentially donations made for public welfare,…
Key highlights: Scheduled Banks’ Statement of Position in India as of March 21, 2025
Mumbai, April 5, 2025: The Reserve Bank of India (RBI) has released the Statement of Position for scheduled banks operating across the country as of March 21, 2025. This comprehensive report provides…
Now, RBI has a whatsapp channel! Check details here
New Delhi, April 5, 2025: The Reserve Bank of India (RBI) has taken a significant step towards enhancing financial literacy and public awareness by launching a verified WhatsApp channel as part of…
Analysis| India’s International Investment Position: what does the latest numbers show?
The Reserve Bank of India (RBI) recently released the data for India’s International Investment Position (IIP) as of December 2024. The figures, which reflect India’s financial interactions with the rest of the…
What does RBI’s latest data on credit growth show?
The deceleration in personal loans growth suggests that both consumers and lenders are responding to a new era of tighter credit conditions.
Explainer: How the RBI imposes monetary penalties on erring banks
The Reserve Bank of India (RBI) plays a vital role in regulating and supervising the banking sector, ensuring that financial institutions adhere to the set rules and guidelines. One of the ways…
RBI Governor Malhotra Highlights India’s Commitment to Combating Financial Crimes at FATF Forum
The Reserve Bank of India (RBI) governor Sanjay Malhotra on March 26 iterated India’s commitment to combat financial crimes addressing the Private Sector Collaborative Forum (PSCF) 2025 of the Financial Action Task…
RBI Allocates Rs35,486 Crore in 1-Day VRR Auction at 6.27% Average Rate
The Reserve Bank of India (RBI) held a Daily Variable Rate Repo (VRR) auction on March 26, 2025, with a tenor of 1 day. The notified amount for the auction was Rs75,000…