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Monday, March 2, 2026

Tag: banking regulation

RBI Approves Japan’s SMBC for Wholly-Owned Subsidiary in India

Japan's Sumitomo Mitsui Banking Corporation gets RBI's in-principle nod to set up a local subsidiary, following the 2013 foreign bank scheme. Learn about the capital requirements and implications.

Gold Prices and CBDC to Reshape Central Bank Accounting: RBI

RBI Deputy Governor reveals how soaring gold values and digital currency will transform central bank balance sheets and disclosure practices globally.

Indian Banks Far More Mature Than Decade Ago: RBI Governor

RBI Governor Sanjay Malhotra reveals dramatic improvements in banking health with NPAs down to 2.3% and profitability surging, signaling stronger financial system.

RBI Central Board Meets in Udaipur, Reviews Economic Challenges

RBI's 619th Central Board meeting assesses global economic risks, reviews key departments, and takes integrity pledge during Vigilance Awareness Week.

RBI Returns Jana Small Finance Bank Universal Bank Licence Application

RBI rejects Jana SFB's universal bank transition bid citing unmet eligibility criteria. Stock falls 2.14% as bank faces regulatory setback.

Why AI Auditing is Banking’s New Essential Oversight

Learn how AI auditing frameworks like RBI's FREE-AI protect against risks in automated lending and ensure fair, transparent financial decisions.

Lloyds Challenges FCA Over £2bn Car Loan Compensation Scheme

Lloyds Banking Group fights FCA's car finance compensation plan, warning of legal action over what it calls a flawed scheme affecting millions of motorists.

RBI Appoints Sonali Sen Gupta as New Executive Director

Sonali Sen Gupta appointed RBI Executive Director with over 30 years experience. She will oversee consumer protection and financial inclusion departments.