RBI Appoints Indranil Bhattacharyya as Executive Director
The Reserve Bank of India (RBI) has appointed *m Indranil Bhattacharyya as an Executive Director (ED), effective March 19, 2025.
Banking
Bank Unions to proceed with strike as conciliation talks fail
The proposed two-day nationwide strike by public sector bank employees on March 24-25 remains on track after a conciliation meeting
Decade of Debt: The stark reality behind ₹16.35 lakh crore in bank loan write-offs
Indian banks have cumulatively written off a staggering ₹16.35 lakh crore in bad loans over the last ten financial years,
Bank Unions challenge minister’s claim on staff vacancies in PSBs
A fresh controversy has erupted over staffing levels in public sector banks (PSBs) after the Minister of State for Finance,
IndusInd Bank flags siscrepancies in derivative portfolio, impacting 2.35% of net worth
IndusInd Bank on March 10 said it has identified discrepancies in its derivative portfolio following an internal review of its
RBI Announces USD 10 Billion Buy/Sell Swap Auction to Inject Liquidity
Mumbai, March 5, 2025 – The Reserve Bank of India (RBI) has announced a USD/INR Buy/Sell swap auction worth USD
RBI Sanctions Voluntary Amalgamation of Two Cooperative Banks
The Reserve Bank of India (RBI) has approved the voluntary amalgamation of Jawahar Sahakari Bank Ltd., Hupri with Kallappanna Awade
RBI imposes penalties on three financial institutions for regulatory breaches
On March 03, 2025, the Reserve Bank of India (RBI) imposed monetary penalties on three financial entities following statutory inspections
RBI Governor meets with Non-Bank Payment System operators and fintechs in Mumbai
The Governor of the Reserve Bank of India (RBI) today held an interactive session with select non-bank Payment System Operators
RBI Unveils Liquidity Injection Measures to Stabilize Banking System
The Reserve Bank of India (RBI) on 5 March announced a series of measures to address evolving liquidity conditions in