State Bank of India hands over dividend cheque of Rs 8,813 crore to Finance Minister Nirmala Sitharaman for the financial year 2025-26.
RBI introduces swap facility for fresh FCNR (B) deposits with maturities of 3-5 years to attract foreign capital and support rupee; ECBs with swap facility offered to PSUs.
RBI slaps penalty of Rs 41.8 lakh on Canara Bank for non-compliance with certain provisions, including those related to KYC norms.
Under RBI’s proposed changes, banks will be required to publish on their websites interest rates on deposits before the start of each business day (UPDATED).
RBI will soon release an updated list of upper-layer non-banking financial companies, Governor Sanjay Malhotra said.
RBI Governor Sanjay Malhotra said rural demand and private consumption have remained healthy so far but some moderation now could be inevitable.
Medium-term inflation target at 4% has not been put in abeyance, says RBI Governor Sanjay Malhotra; rate hike would depend on whether price rise becomes broad-based and persistent.
RBI keeps repo rate unchanged at 5.25% while revising forecast on inflation and growth for FY27; introduces measures to attract foreign capital and support rupee.
Govt and RBI take coordinated steps to spur foreign inflows and prop up rupee. Will it work?
Govt extends tenure of RBI Deputy Governor Swaminathan Janakiraman for another two years with effect from 26 June 2026.
US-Iran war weakens rupee against US dollar as it hits a series of historic lows in 2026.
Govt appoints Brajesh Kumar Singh as chief of state-owned Canara Bank for three years until 30 April 2029; he was ED of Indian Bank.
Fewer bank fraud cases occurred in FY26 but involved substantially larger amounts, latest RBI data showed.
Bank credit to industry surges 15.1% at end-April compared to 7% a year ago, RBI’s latest data showed.
Allegations are made of Rs 45 crore disguised payment routed through HDFC Bank's marketing department to a Maharashtra govt agency in a bid to attract large deposits.
