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…
The joke’s on us: Why free speech in India is no laughing matter
By bulldozing a comedy venue, have we just bulldozed free speech along with it?
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…
Trump’s Grand Economic Gamble: A Windfall for India?
At the heart of Trump’s strategy is a recognition that America’s debt dynamics are unsustainable
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…
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’ Association (IBA) and the Department of Financial…