Category : Search result: RBI banking concerns


SMBC Gets RBI Approval for India Subsidiary

Sumitomo Mitsui Banking Corporation receives in-principle approval from RBI to establish a wholly owned subsidiary in India, marking a key step in foreign banking expansion.

SBI: 15,956 Cyber Fraud Cases in 22 Months

State Bank of India reported nearly 16,000 cyber fraud cases from Jan 2024 to Oct 2025, with losses exceeding ₹118 crore. Discover the state-wise breakdown and expert insights on digital banking risks.

RBI Cuts Repo Rate by 25 bps as Expected

The Reserve Bank of India's MPC cut the repo rate by 25 basis points to 5.25% in its December policy. This marks a cumulative reduction of 125 bps since February. Read the full analysis.

RBI MPC Meeting Begins, Rate Decision Due Dec 5

The RBI's Monetary Policy Committee has started its crucial meeting. The decision on key interest rates, expected on December 5, comes amid falling inflation and strong GDP growth. Read the full analysis.

Bank Glitch Shows Woman Owes $50 Billion

Maddie McGivern discovered her Chase account showed negative $50 billion after a normal night out. The banking error was later resolved as a technical glitch affecting limited accounts.

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