RBI mandates 3-year cooling-off period for co-operative bank directors

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The Reserve Bank of India and the European Central Bank have signed a Memorandum of Understanding. This agreement aims to boost cooperation in central banking. The MoU updates a previous pact from 2015. It will facilitate information exchange and policy dialogue. Both banks will
11 May 2026, 05:18 am
Bank News
The West Bengal government has ordered a comprehensive audit into a multi-crore cooperative bank scam. This investigation focuses on alleged irregularities in long-term loan disbursals over the past 15 years. An FIR has been filed in Bardhaman district, with more expected. The st
25 May 2026, 12:26 pm

Bank News
Rupee strengthens to 95.23 per USD as oil prices fall and RBI hints at undervaluation amid potential US-Iran peace deal.
26 May 2026, 10:03 am
Bank News
If the lender bank decides to deploy any technology-based mechanism for restricting or disabling the functionalities of a mobile device of a borrower, it shall ensure adopting a graduated approach rather than disabling the device, ab initio; it can’t disable essential services li
25 May 2026, 12:46 pm
Bank News
Explore the debate on whether the Reserve Bank of India should actively defend the rupee against depreciation at the psychologically significant Rs 100 per dollar level, amid rising crude prices and inflation fears.
23 May 2026, 08:34 am
Bank News
Central Bank of India is set to expand its services with new initiatives including launching credit cards and a wealth management business. The bank will also open a branch in Gift City. These moves aim to drive business growth and strengthen its market position. The bank is focu
22 May 2026, 12:53 pm