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...
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...
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...
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...
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....
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...
Bank Unions Postpone Strike as Conciliation Talks Yield Positive Developments
Bank unions have decided to postpone their planned nationwide strike on March 24 and 25 following positive developments in their negotiations with the Indian Banks'...
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.
Can AI transform grievance redressal in banking?
In his inaugural address at the Annual Conference of the RBI Ombudsmen, Shri Sanjay Malhotra, Governor of the Reserve Bank of India, outlined a bold...