Rupee makes smart gains on decline in oil prices and central bank support

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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
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

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
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
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
SBI Mutual Fund has increased its holding in Bandhan Bank. The fund now owns over 5 percent of the bank's paid-up share capital. This stake was finalized on May 20, 2026. SBI Mutual Fund acquired additional shares from the open market on that day. Bandhan Bank's shares saw a slig
22 May 2026, 12:52 pm