Government to Hold Two-Day ‘Manthan’ Meeting with PSBs on Sept 12–13, Plans Future Roadmap...
The Indian government is holding a special two-day meeting with public sector banks (PSBs) on September 12 and 13, called "Manthan". This is the...
RBI Clears SMBC’s Entry into Yes Bank Board with Approval for Two Director Appointments
On September 9, 2025, Yes Bank received a formal letter from the RBI allowing the amendments to its Articles of Association (AoA). Yes Bank...
Ujjivan Small Finance Bank Awaits RBI Decision on Universal Bank License by December
Ujjivan Small Finance Bank wants to upgrade to become a universal bank and applied for the license in February 2024, and are hoping the...
China’s Central Bank Buys Gold for 10th Consecutive Month in August
China’s central bank (called the People’s Bank of China) bought more gold in August, marking 10 months in a row of adding to its...
FSIB Nominates PNB Executive Director Kalyan Kumar for Union Bank of India ...
Mr. Kalyan Kumar who is currently the Executive Director of Punjab National Bank (PNB), has been proposed as the new MD & CEO of...
RBI’s Key Banking Rule Reforms Throughout 2025
The Reserve Bank of India (RBI) implemented a series of significant banking rule reforms throughout 2025. These regulatory updates affected various aspects of the...
FSIB Nominates Bank of Baroda Executive Director Lalit Tyagi for Central Bank of India...
Bank Of Baroda Executive Director Mr. Lalit Tyagi has been proposed as MD and CEO of Central Bank of India, replacing the earlier recommendation...
Citibank Appoints Kaustubh Kulkarni as Co-Head of Investment Banking
Citibank has given Kaustubh Kulkarni a big new job as co-head of its investment banking team. He’ll be in charge of the business in...
RBI Penalizes Bandhan Bank ₹44.7 Lakh for Rule Violations
The Reserve Bank of India (RBI) has fined Bandhan Bank ₹44.7 lakh because the bank did not fully follow certain rules and regulations.
RBI inspected...
ICICI Bank Appointed Anish Madhavan as Global Chief Compliance Officer, Effective 29 August 2025
ICICI Bank has announced a leadership change in its compliance function. Subir Saha, Group Chief Compliance Officer (GCCO) of ICICI Bank, has taken early...