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India's scheduled banks saw total deposits grow to ₹253.77 lakh crore by the end of December 2025, according to the latest RBI data. Bank credit also increased notably, reaching ₹208.14 lakh crore, dr…
The Reserve Bank of India has issued final guidelines mandating the appointment of internal ombudsmen by regulated entities like banks and NBFCs. This framework aims to strengthen internal grievance r…
The Reserve Bank of India has granted in-principle approval to Japan's Sumitomo Mitsui Banking Corporation to establish a wholly owned subsidiary in India. The approval allows SMBC to convert its four…
The Reserve Bank of India has granted in-principle approval for Japan's Sumitomo Mitsui Banking Corp to establish a wholly-owned subsidiary in India. This move will allow SMBC to convert its existing…
The Reserve Bank of India has proposed ending a two-decade-long pause on licensing new Urban Co-operative Banks. It has set stringent eligibility criteria, including a minimum capital requirement of R…
A report by Union Bank of India projects Consumer Price Index (CPI) inflation for Q4FY26 at 2.6%, which is lower than the Reserve Bank of India's forecast of 2.9%. It maintains the view that a final 2…
RBI Deputy Governor SC Murmu stated that digitalisation is blurring traditional regulatory boundaries as financial activities are delivered through non-financial platforms. He highlighted fragmented o…
A State Bank of India report suggests the Reserve Bank of India may need to conduct more Open Market Operations to manage bond prices and liquidity amid renewed global geopolitical tensions. The repor…
The Reserve Bank of India has issued a compounding order for Elsteel Modular India Private Limited, settling alleged Foreign Exchange Management Act violations. The contraventions involved the late re…
India's retail inflation, measured by the Consumer Price Index, rose to 1.33% year-on-year in December 2025. This marks the eleventh consecutive month it has remained below the Reserve Bank of India's…
The Reserve Bank of India has cautioned that the rapid digitalisation of banking is fundamentally reshaping financial risks, requiring supervisors to rethink their approaches. Deputy Governor Swaminat…
India has officially expressed deep concern over a surge of violent attacks targeting minority communities, especially Hindus, in Bangladesh. The Ministry of External Affairs highlighted a "disturbing…
