Tag: Reserve Bank of India
BANKING & FINANCE RBI Sets Up Tech Panel For Financial Markets To Boost Market Efficiency

The Reserve Bank of India (RBI) has constituted a Technical Consultative Committee for Financial Markets (TCCFM) to facilitate structured engagement with market participants and stakeholders on policy and operational issues amid the rapid evolution of financial markets and infrastructure. The move follows the announcement made in the RBI’s Statement on Developmental and Regulatory Policies dated […]

CW Bureau · Nov 4, 2026
BANKING & FINANCE Equitas Small Finance Bank Appoints Balaji Nuthalapadi As Interim CEO

Equitas Small Finance Bank Ltd has approved the appointment of Balaji Nuthalapadi, currently its Whole-Time Director and Executive Director, as Interim Chief Executive Officer, subject to approval from the Reserve Bank of India (RBI). His appointment will take effect from the date of RBI approval or such other date as may be stipulated by the […]

CW Bureau · Nov 4, 2026
STARTUP/TECHNOLOGY Astranova Mobility Subsidiary Gets RBI Licence, Eyes ₹5,000-Cr Assets

Astranova Mobility, an electric vehicle financing and asset-management platform, has secured Reserve Bank of India (RBI) approval for its lending subsidiary, NovaFusion Capital, to operate as a non-banking financial company (NBFC). The licence was secured within 90 days, marking a step towards building a dedicated climate-financing platform. Astranova aims to achieve ₹5,000 crore in assets […]

CW Bureau · Oct 15, 2026
BANKING & FINANCE RBI Opens Special Dollar Window For IOC, BPCL And HPCL From October 12

The Reserve Bank of India (RBI) has opened a special foreign exchange window to meet the entire daily US dollar requirements of three public sector oil marketing companies (OMCs), effective October 12, 2026, in a move that will provide a dedicated channel for their dollar purchases. The facility will cover Indian Oil Corporation Limited (IOCL), […]

CW Bureau · Oct 10, 2026
BANKING & FINANCE RBI Flags Five Priorities To Safeguard Financial Stability As Risks Emerge

The Reserve Bank of India (RBI) has identified five priorities for policymakers to strengthen financial stability as the global financial system faces increasingly interconnected and cross-border risks. Speaking at the Fifth Kautilya Economic Conclave in a special address on preserving financial stability in an evolving world, RBI Governor Sanjay Malhotra said financial stability was not […]

CW Bureau · Oct 3, 2026
BANKING & FINANCE Bank Of Baroda Incorporates Pension Fund Management Arm With ₹100 Cr

Public sector lender Bank of Baroda has incorporated a subsidiary, BOB Pension Fund Management Company Ltd, with an authorised share capital of ₹100 crore. The new entity has received its certificate of incorporation from the Registrar of Companies, Ministry of Corporate Affairs, and will operate as a pension fund manager. New company to manage pension […]

CW Bureau · Sep 21, 2026
BANKING & FINANCE AU SFB Gets Shareholders’ Nod To Raise Borrowing Limit To ₹30,000 Cr

AU Small Finance Bank’s shareholders have approved three special resolutions to raise the bank’s borrowing limit up to ₹30,000 crore and enable fundraising through non-convertible debt and other permissible instruments. The resolutions were passed at the bank’s 31st Annual General Meeting (AGM), held through video conferencing. The approvals will provide the bank greater flexibility to […]

CW Bureau · Sep 6, 2026
BANKING & FINANCE IOB Welcomes RBI’s Status Quo, Says Move Supports Stable Credit Growth

Indian Overseas Bank (IOB) has welcomed the Reserve Bank of India’s decision to keep the repo rate unchanged at 5.25% and maintain its neutral monetary policy stance, saying the move reflects confidence in the resilience of the Indian economy despite an uncertain global environment. The public sector lender said the central bank’s policy would help […]

CW Bureau · Aug 5, 2026
BANKING & FINANCE RBI Keeps Repo Rate Unchanged At 5.25%, Retains Neutral Policy Stance

The Reserve Bank of India (RBI) on Wednesday left the benchmark repo rate unchanged at 5.25% for the second consecutive policy review, opting to balance inflation risks against a resilient domestic economy amid an increasingly uncertain global environment. The six-member monetary policy committee (MPC), chaired by RBI Governor Sanjay Malhotra, unanimously voted to maintain the […]

CW Bureau · Aug 5, 2026
BANKING & FINANCE Indian Banks Remain Resilient With Strong Capital, Liquidity: RBI Report

India’s banking system remains resilient, with scheduled commercial banks (SCBs) supported by strong capital and liquidity buffers, improving asset quality and stable profitability, the Reserve Bank of India (RBI) said in its June 2026 Financial Stability Report (FSR). The central bank said the consolidated balance sheet of SCBs continued to strengthen during FY2025-26, with healthy […]

CW Bureau · Jul 1, 2026
ECONOMY GJEPC Urges RBI To Ease Banking Norms For Gem & Jewel Exporters

The Gem & Jewellery Export Promotion Council (GJEPC), the apex trade body for the gem and jewellery industry, has urged the Reserve Bank of India (RBI) to introduce a series of banking and regulatory reforms to improve the competitiveness of India’s gem and jewellery exports. The recommendations focus on improving exporters’ access to working capital, […]

CW Bureau · Jun 26, 2026