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…
Author: BNW News
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…
India faces high-stakes trade battle as US tariffs loom
As the April 2 deadline for US tariff implementation nears, anxiety over the potential impact on Indian exports is growing. According to a report by Emkay, India could lose up to $6…
RBI Cancels Registration of Unitara Finance Limited
Mumbai, March 25, 2025: The Reserve Bank of India (RBI) has cancelled the Certificate of Registration (CoR) of Unitara Finance Limited, effectively barring the company from operating as a Non-Banking Financial Institution…
Canara Bank appoints S. K. Majumdar as Executive Director
Canara Bank is pleased to announce the appointment of Shri S. K. Majumdar as Executive Director of the Bank, with effect from March 24, 2025. Prior to this elevation, Shri Majumdar was…
Kotak Mahindra Bank appoints Bhavnish Lathia as CTO
Kotak Mahindra Bank has announced the appointment of Bhavnish Lathia as its new Chief Technology Officer (CTO), reinforcing the bank’s commitment to technological transformation and innovation. Announcing the appointment, Ashok Vaswani, MD…
What does scheduled banks’ statement of position show
Borrowings from banks remained relatively stable, with a slight increase from ₹112,778.14 crore in February 2025 to ₹113,375.74 crore as of March 7, 2025. Other demand and time liabilities also saw an increase, rising from ₹36,706.95 crore in February 2025 to ₹38,843.52 crore in March 2025.