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Bank News
RBI has tightened governance norms for co-operative banks by introducing a mandatory 3-year cooling-off period for directors after a 10-year tenure.
26 May 2026, 11:52 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
The government's Emergency Credit Line Guarantee Scheme 5.0 is set to bolster micro, small, and medium enterprises. Experts believe this initiative will help banks avoid a rise in bad loans. The scheme aims to provide guaranteed credit, easing financial stress for businesses. Len
22 May 2026, 12:47 pm
Bank News
Credit card transactions in India saw a significant jump between 2021 and 2025. Private banks expanded their dominance in this segment. Debit card usage, however, decreased as consumers embraced digital payment methods like UPI and digital wallets. This shift highlights the rapid
20 May 2026, 10:35 am
Bank News
Jana Small Finance Bank is raising Rs 728 crore by selling equity shares, with Shruti Lohia's firm set to acquire around 4% and TVS Venu Group taking a 9.9% stake on a fully diluted basis. The bank is planning to upgrade to a universal bank, having reapplied for a license after a
18 May 2026, 09:16 am