HDFC Bank fined Rs 91 lakh by RBI for KYC violations
RBI imposes Rs 91 lakh penalty on HDFC Bank for Banking Regulation Act violations and KYC compliance deficiencies. Learn about the regulatory action and its implications.
Category : Banking
RBI replaces 9,446 circulars in massive regulatory reform
RBI consolidates 70 years of banking regulations into 244 master directions, eliminating obsolete rules dating back to 1944. Discover how this simplifies compliance for banks.
Gold Loans Jump 128.5%, Driving Retail Credit Boom
Gold loans in India skyrocket 128.5% to Rs 3.38 lakh crore, becoming a major force in personal lending. Discover the trends reshaping retail credit and what it means for you.
Banks Open Today: November 29, 2025 Status
Banks remain operational across India on November 29, 2025, being the fifth Saturday. Check regional exceptions in Arunachal Pradesh and Nagaland. Plan your banking activities accordingly.
Delhi HC fines Citibank Rs 1 lakh in credit card harassment case
Delhi High Court imposes Rs 1 lakh fine on Citibank for harassing a lawyer over unauthorized transactions. Court orders RBI to strengthen complaint redressal system and protect credit card customers from unfair charges.
RBI simplifies banking rules, cuts 9,400+ circulars to 244
RBI simplifies banking compliance by consolidating over 9,400 circulars into 244 Master Directions. A major regulatory overhaul to ease the burden for banks and financial institutions. Read more.
Kolkata Police Warns of Fake SBI WhatsApp Scams
Kolkata Police alerts public about fake SBI WhatsApp channels causing over ₹1 crore losses. Learn how to spot these investment scams and protect your money.
ED Raids Pune in SBI Car Loan Fraud Case
Enforcement Directorate conducts searches across Pune in vehicle loan fraud involving luxury cars. Former SBI manager accused of processing fake loans using forged documents. Read the full investigation details.
RBI Replaces 9,400 Circulars with 244 Master Directions
The RBI has consolidated over 9,400 circulars into 244 master directions to simplify compliance for banks and financial institutions. Discover how this move cuts costs and eases regulatory access.
RBI Unveils 7 New Digital Banking Directives
RBI strengthens digital banking framework with 7 new master directions covering IT governance, cybersecurity, and outsourcing. Learn how this impacts your banking security.
BOB Apprenticeship 2025: 2,700 Positions Across India
Bank of Baroda announces 2,700 apprenticeship positions for graduates. Apply online by December 01, 2025. Monthly stipend ₹15,000 with nationwide opportunities.
Sebi Mandates Financial Firms to Display ID on Social Media
Sebi proposes mandatory display of names & registration numbers on social media for all regulated financial entities to curb misleading investment content online. Learn how this impacts you.
India's Forex Reserves Fall $4.47 Billion to $688.1 Billion
India's foreign exchange reserves declined by $4.47 billion to $688.1 billion for the week ending June 28, 2024, according to latest RBI data. Discover what caused this drop and its economic implications.
India's forex reserves fall $4.47 billion to $688.1 bn
India's foreign exchange reserves declined by $4.472 billion to $688.104 billion for week ended November 21, primarily due to falling gold reserves value. Read full analysis.
How India Borrows: From Survival to Aspirational Loans
Home Credit India report reveals 65% of borrowers use mobile banking as credit transforms from safety net to aspiration catalyst for India's lower-middle class. Discover the shift!
India Bond Demand-Supply Gap Creates Investment Opportunities
India's bond market faces significant demand-supply imbalance, pushing yields higher. Discover which mutual fund categories can help investors capitalize on this market shift.
New Banking Platform Enables RBI Real-Time Monitoring
NPCI Bharat BillPay launches Banking Connect for real-time fund tracking. RBI to monitor crypto, gaming transactions instantly. Targets 1 billion monthly bill payments in 4 years.
RBI to Replace 9,345 Circulars with 238 Master Directions
RBI is set to consolidate 9,345 circulars into 238 Master Directions on Nov 28, 2025. This major regulatory overhaul aims to slash compliance costs and boost clarity for banks and NBFCs. Get the full update!
Financial creditors surpass operational creditors in IBC cases
India's insolvency code undergoes significant shift as financial creditors now dominate bankruptcy proceedings. Analysis reveals changing creditor behavior and recovery patterns under IBC framework since 2020 threshold change.
Bandhan Bank Sells ₹7,000 Crore Bad Loans
Bandhan Bank approves sale of ₹7,000 crore NPAs and written-off portfolios via asset reconstruction companies. Learn how this strategic move impacts the banking sector.
CarePal Money Crosses Rs 100 Cr Healthcare Loan Milestone
CarePal Money achieves Rs 100 crore annualized healthcare loan disbursement rate, revolutionizing medical financing in India. Discover how they're making healthcare affordable.
Amaravati: India's First Integrated Financial City
Union Finance Minister Nirmala Sitharaman announces Amaravati as India's first integrated Financial City, with 15 major banks and institutions establishing headquarters. The project promises 6,500+ jobs and economic transformation for Andhra Pradesh.
IBPS RRB PET Admit Card 2025 Released
IBPS has released PET admit cards for RRB Office Assistant recruitment. Download call letter before December 1 training. Preliminary exam scheduled for December 6-14.
Niva Bupa Transforms Agents into Health Captains
Niva Bupa is revolutionizing health insurance by transforming agents into 'Health Captains' to bridge knowledge and trust gaps. Discover how this new model empowers advisors.
RBI Poised for Rate Cut Amid Benign Inflation
RBI's MPC meeting December 3-5 expected to deliver 25 bps repo rate cut to 5.25% as October inflation hits record 0.25%. Experts predict accommodative stance to boost growth.
December 2025 Bank Holidays: RBI Lists 13 Closures
Plan your December 2025 finances! The RBI has announced 13 state-wise bank holidays. Check the complete list for Christmas, regional festivals, and long weekends.
IBPS PO Mains Result 2025 Expected Soon
IBPS PO Mains Result 2025 is expected to be released soon. Candidates who took the exam on October 12 can check their results online. Learn the download steps and selection process here.
CICC Finally Pays 2024 Bonuses After Lengthy Delay
China International Capital Corp ends bonus delay, paying 2-3 months salary amid compensation crackdown. Learn how China's wealth distribution policy impacts bankers.
Ajay Jain Joins Arihant Capital to Lead Investment Banking
Seasoned banker Ajay Jain joins Arihant Capital Markets to spearhead investment and merchant banking operations, bringing 25+ years expertise to drive business growth.
Canara Bank's AT-1 Bonds Return After Year Gap
Canara Bank's ₹3,500 crore AT-1 bond issue breaks year-long silence in perpetual bond market, paving way for other state-run banks to follow with capital raises.
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