RBI GUIDELINES
Has RBI announced 'new rules' for exchanging old Rs 500 & Rs 1,000 currency notes?
Social media claims about the Reserve Bank of India allowing exchange of old Rs 500 and Rs 1000 notes are false. The official website of the RBI remains the most reliable place to check for any announcements related to currency, banking regulations or exchange facilities. People are advised to rely only on official sources for such updates.
AT-1 case: Yes Bank does not expect material financial impact from Supreme Court ruling
The Supreme Court has officially concluded the hearings related to the Additional Tier-1 bond write-down of Yes Bank, with a verdict now on the horizon. This case follows the bank's dramatic near-collapse back in 2020, leading to an aggressive write-down of ₹8,415 crore in bonds, sparking a flurry of legal action from aggrieved investors.
How a Rs 20 electricity bill payment by an SBI customer led to the bank paying Rs 2.2 lakh in compensation
A State Bank of India customer was defrauded of ₹1.99 lakh after attempting a ₹20 electricity bill payment. The National Consumer Disputes Redressal Commission ruled that SBI must refund the amount and pay ₹25,000 in compensation, emphasizing banks' responsibility for promptly reported unauthorized transactions.
ED flags Rs 11,600 crore 'proceeds of crime' in RHFL, RCFL probe
The Enforcement Directorate has alleged over ₹11,600 crore as proceeds of crime in a money laundering probe involving Reliance Home Finance and Reliance Commercial Finance. Public funds were allegedly diverted through shell entities. Nearly 90% of corporate loans were routed to shell companies. Key functionaries Amitabh Jhunjhunwala and Amit Bapna were taken into custody.
India Inc reduced overseas bond issues on local liquidity, rupee fall
Indian companies scaled back overseas bond issuances as improved domestic liquidity and a weaker rupee made local fundraising more attractive.
RBI gives operational flexibility to NBFCs for branch expansion
The Reserve Bank of India has eased rules for non-banking financial companies. NBFCs can now open branches without prior approval in most situations. This change aims to simplify business operations. Deposit-taking NBFCs have specific conditions based on their net owned funds and credit ratings for opening branches or appointing agents.
- Go To Page 1
RBI returns Ujjivan Small Finance Bank's application for universal bank licence
The Reserve Bank of India has returned Ujjivan Small Finance Bank's application to become a universal bank. The central bank cited the need for Ujjivan to diversify its loan portfolio. Ujjivan must now demonstrate a more varied asset base before reapplying.
CreditAccess Grameen looks to scale down microfinance growth, says MD & CEO Ganesh Narayanan
CreditAccess Grameen, a leading NBFC-MFI, is shifting focus from microfinance to secured lending like home loans. The company aims to become a Rs 50,000 crore entity by 2028, with a significant portion from retail finance. It is actively exploring acquisitions to accelerate growth in its secured business segment.
RBI's move to scrap investment buffer could lift banks' capital
Banks may soon see their capital positions improve. The central bank proposes to remove the Investment Fluctuation Reserve. This move could help lenders recover losses on bond investments. Accumulated reserves might transfer to core capital. This could boost lending capacity for banks. The proposal is open for public comment.
India mulls payment lags, checks for senior citizens as digital fraud rises, RBI paper shows
The Reserve Bank of India is proposing new rules to combat rising online fraud. High-value digital payments may face a one-hour delay. Extra checks are planned for transactions by citizens aged 70 and above. These measures aim to protect customers from sophisticated scams and financial losses. The central bank is seeking public feedback on these proposals.
TReDS tweak to ease MSME credit flow amid global pressure
Banks are set to boost credit flow to MSMEs as regulators ease onboarding for the Trade Receivables Discounting System (TReDS). This move aims to improve liquidity and working capital efficiency for small businesses facing global economic strains. Revised guidelines and government mandates further support this shift towards dynamic, cash flow-based financing, crucial for timely payments and business growth.
RBI may soon make you wait an hour before your UPI transfers goes through
The Reserve Bank of India is exploring new measures to curb digital payment fraud. A key proposal suggests a one-hour pause for large transactions above ₹10,000. This aims to break fraudsters' psychological hold on victims. Other options include trusted person authentication for seniors and disabled individuals, and a 'kill switch' for digital payments.
Revised NPS Swasthya Pension Scheme rules: Onboarding fee, coverage, claim process, premature exit and more
New guidelines for NPS Swasthya Pension Scheme PoC 2 are now in effect. Health insurance benefits are mandatory for subscribers. The scheme allows partial withdrawals for medical expenses and a 100% lump sum exit for emergencies. Any Indian citizen can join this voluntary, contributory pension scheme. Contributions are invested for retirement while providing immediate medical support.
RBI monetary policy: Currency forward curbs temporary, says Sanjay Malhotra
"These measures are not in any sense signalling any structural change. We stand committed to the development, broadening and deepening of these markets and the internationalisation of rupee. So, obviously these measures are not going to remain there forever," governor Sanjay Malhotra said.
HDFC Bank's board minutes reviewed, no concern on ethics and governance: RBI
The Reserve Bank of India has stated that HDFC Bank's board minutes and records are reviewed as part of its supervision. The central bank reiterated that no governance or conduct issues were found. RBI Governor Sanjay Malhotra confirmed no need to change existing rules. Deputy Governor Swaminathan J added that current events do not warrant regulatory tweaks.
RBI to withdraw investment fluctuation reserve requirement for banks
The Reserve Bank of India plans to remove the investment fluctuation reserve requirement for commercial banks. Existing rules already provide sufficient protection for investments. This change aims to simplify regulations and ensure consistency across different bank types. Draft guidelines will be released for public feedback soon. The move is expected to streamline operations for financial institutions.
RBI eases NPA-linked capital rules, scraps IFR buffer for banks
The Reserve Bank of India is easing capital rules for banks. A key condition linking quarterly profits to capital adequacy based on NPA provisioning is being removed. The central bank also plans to eliminate the Investment Fluctuation Reserve. These changes aim to strengthen bank balance sheets.
Banks seek RBI clarity on forex hedge curbs, warn rules may hit genuine trade flows amid delays
Banks are urging the Reserve Bank of India for clarity on forward contract rules. Recent RBI directives aimed at curbing speculation could impact genuine trade hedging. Corporates face challenges with payment delays and longer cargo movements due to global conflicts. Industry bodies are expected to formally raise these concerns with the RBI.
RBI revises rules for Floating Rate Savings Bonds 2020: Key changes investors should know
The Reserve Bank of India has released updated operational guidelines for its Floating Rate Savings Bonds, 2020 (Taxable), effective immediately. These revised rules, issued on April 2, 2026, aim to enhance investor services and streamline processes, including digital facilities for applications and account management.
RBI tightens forex derivatives norms to steady rupee amid volatility
The Reserve Bank of India has tightened foreign exchange rules. Banks can no longer offer non-deliverable forward contracts to clients. This move aims to support the Indian rupee. The new regulations also prevent banks from rebooking derivative contracts and dealing with related parties. These measures are effective immediately and could impact banks and corporate treasuries.
RBI says banks cannot offer NDF contracts as its tightens forex norms
The Reserve Bank of India has tightened foreign exchange rules. Banks can no longer offer non-deliverable forward contracts involving the rupee to clients. This move aims to curb the rupee's decline. The central bank also stopped banks from rebooking cancelled derivative contracts. These new regulations are effective immediately. Bankers believe this makes it harder for banks to manage losses.
War, oil, and opportunity: Abakkus Mutual Fund's Sanjay Doshi on India's 5-year winners
Despite geopolitical shocks, Abakkus Mutual Fund's Sanjay Doshi remains bullish on India's long-term growth story, viewing market consolidation as an opportunity. He identifies manufacturing, financials, and premium consumption, alongside new-age themes like EVs and defence, as key drivers for India's next growth phase.
RBI defers implementation of capital market exposures norms to July 1
The Reserve Bank of India has postponed new acquisition finance rules. The implementation is now set for July 1, 2026. This decision follows feedback from stakeholders. The central bank also updated its capital market exposures framework. These changes aim to clarify lending for mergers and acquisitions. The RBI is refining guidelines for domestic lenders.
Government, RBI measures ensure seamless rural credit flow: Finance Ministry
The Reserve Bank of India and the Finance Ministry are working to boost rural credit. Measures are in place to ensure ample liquidity for the economy. Priority Sector Lending guidelines and Ground Level Agriculture Credit targets are key to expanding Kisan Credit Card coverage. The limit for collateral-free agricultural loans will increase from January 1, 2025.
April 2026 Holiday Calendar: From Good Friday to Dr Ambedkar Jayanti, check list of festivals, bank holidays and long weekends in India
April 2026 features a mix of national, regional, and weekend bank holidays across India. From Easter, Hanuman Jayanti, Good Friday and Dr Ambedkar Jayanti, banks will remain shut on multiple days. In April, people will also get a chance to take long weekend holidays. However, bank holidays differ across states; not all holidays are observed nationwide.
RBI fines Pine Labs Rs 3.1 lakh for KYC lapses on prepaid payment instruments
The move follows a statutory inspection of the fintech’s operations conducted between July 2024 and May 2025. The RBI clarified that the action is due to regulatory compliance lapses and does not affect the validity of any transactions or agreements between Pine Labs and its customers.
Fino Payments Bank defers MD Rishi Gupta's reappointment; awaits RBI review
Fino Payments Bank has paused the re-appointment of its Managing Director, Rishi Gupta. This decision comes as the Reserve Bank of India will reassess Gupta's fit and proper criteria. The bank board withdrew a shareholder vote notice for his reappointment. Gupta was recently granted bail after an arrest related to GST investigations. His candidature remains unaffected pending these reviews.
Reducing import dependence through refining and recycling the way to navigate India Gold sector: Report
India's gold industry is shifting focus from buying to investing. The nation aims to reduce its reliance on imported gold by boosting local refining and recycling efforts. Plans are underway to make India a global center for gold refining and trading. These changes will position India for a greater role in worldwide gold markets.
HDFC Bank exit fallout puts spotlight on independent directors’ role
HDFC Bank's independent director Atanu Chakraborty's resignation sparks debate on the role of independent directors. Their appointment process, compensation, and the pressure to conform to management decisions are under scrutiny. Lengthy board notes and potential for factionalism also pose challenges. Regulators and lawmakers are urged to review qualifications, liability, and appointment modes for independent directors to ensure better corporate governance.
Load More
