RBI appoints Dr Ajit Ratnakar Joshi as new Executive
The Reserve Bank of India (RBI) announced on March 5, 2025, that Dr. Ajit Ratnakar Joshi has been appointed as its new Executive Director...
RBI promotes three officials
The Reserve Bank of India(RBI) promoted three officers of Grade F as executive directors for the year 2021-2022. At present RBI has 12 executive...
MLCR | RBI’s New Lending Rates System on Banking Loans
The Reserve Bank of India has released it’s much anticipated revised guidelines for calculating benchmark lending rates. These guidelines will allow banks to calculate...
The GST (Goods and Services Tax) Bill: All You Need To Know
The Goods and Services Tax (GST) is a Value-added Tax (VAT) was proposed to be an extensive indirect tax levy on sale, manufacture, and...
RBI Issues Notifications on Interest on Overdue Domestic Deposits
RBI in a recent circular accentuated the review of instructions on Interest on overdue domestic deposits addressing all Scheduled Commercial Banks (including RRBs), all...
Bank Holidays in December 2025: Review the complete list of days the bank will...
As December 2025 commences, banking clients throughout India are advised to be aware of several holidays designated for banks this month. Based on the...
RBI directs banks on Cardless cash withdrawals at all ATMs
The Reserve Bank of India (RBI) has ordered all the banks to provide an Interoperable Cardless Cash Withdrawal (ICCW) system in their ATMs.
In accordance...
Merger of PSU Banks in India
After amalgamation of three Public Sector Banks – Bank of Baroda, Vijaya Bank and Dena Bank today 30.08.2019 Finance Minister Nirmala Sitharaman has announced...
Rating agencies are in limbo over RBI’s new guidance on loans
The new RBI guidelines on loans have shocked the credit rating agencies.
The Reserve Bank of India has said that a company's ratings on loans...
Reserve bank of India to geotag e-payment touchpoints for better monitoring
Reserve bank of India to geotag e-payment touchpoints for better monitoring: Presently, it is the era of digital payments. With evolving times, the technology...