As executive director, Shankar will oversee the Department of Statistics and Information Management
Falling oil prices offer India short-term relief, but the RBI warns that geopolitical tensions and shifting global capital flows continue to pose financial stability risks
The revamped framework broadens consumer grievance redressal, covering banks, eligible NBFCs, prepaid payment instrument issuers and credit information companies under a unified mechanism
Airtel Money, which received its RBI registration in February, has started operations as a non-deposit accepting NBFC, with Bharti Airtel planning phased capital infusion
RBI says AI-enabled cyber threats have emerged as the biggest risk facing banks and NBFCs, while also warning that the global AI investment boom could create broader financial stability concerns
Financial Stability Report says banks face funding pressure as deposits shift to costlier sources, while larger housing loans gain share and household debt continues to rise
RBI's Financial Stability Report shows bank NPAs fell to record lows in March, though stress tests indicate a modest rise under the baseline scenario by March 2028
Rupee sees strongest monthly rise since West Asia war started
European regulator restores CCIL's access to EU market participants after RBI and ESMA signed a supervisory cooperation agreement earlier this year
Preserving financial stability more important than ever, says RBI governor Sanjay Malhotra
From July 1, bank guarantees used in capital markets must be fully backed by collateral, a move expected to reduce leverage and raise funding costs
RBI's proposed AI risk framework could raise compliance costs across banks, NBFCs and fintechs, creating new demands for audits, oversight and governance
Bank customers should be aware of the bank holidays in July 2026. To prevent inconvenience, crucial banking tasks should be scheduled around these particular periods
IIFCL is the latest company to tap into the foreign lending market after the Reserve Bank of India introduced a series of measures to boost dollar inflows and support the rupee
India's forex reserves rose by $963 million to $672.59 billion in the week ended June 19, driven by a sharp increase in gold reserves despite a decline in foreign currency assets
Under the draft proposals, companies will also be allowed to participate in the term money market as lenders but smaller non-bank finance firms will be excluded
In its latest direction, the central bank has dropped a provision defining the "indirect receipt of public funds"
Premium rose steadily after HDFC secured tightest-ever spread for an Indian lender
Draft master directions bring together rules for government securities trading, widening market access while consolidating norms on reporting, settlement and short selling
RBI's subsidised hedging facility for external commercial borrowings lowers currency risk costs, aiming to boost dollar inflows and strengthen support for the rupee