Government of India, vide its notification dated May 02, 2026, and in exercise of the powers conferred by clause (a) of sub-section (1) of section 8 of the Reserve Bank of India Act 1934, read with sub-section (4) of section 8 thereof, has appointed
India notifies FEMA (Non-Debt Instruments) Amendment Rules, 2026, tightening FDI norms, beneficial ownership checks, and approval requirements for border-sharing countries.
RBI finalizes reporting norms for Authorised Dealer Category-I banks, mandating disclosure of global INR forex derivative transactions to CCIL to boost transparency.
The Reserve Bank of India (RBI) has cancelled the banking licence of Paytm Payments Bank effective April 24, 2026, citing serious governance lapses and regulatory non-compliance under the Banking Regulation Act, 1949.
Union Finance Minister Nirmala Sitharaman warns of emerging AI risks like 'Mythos' and directs banks to collaborate under SBI's leadership to strengthen cybersecurity and resilience.
Finance Minister Nirmala Sitharaman stresses the need for a "human interface" in banking services, balancing digitisation with customer support, MSME funding and cybersecurity preparedness.
RBI data reveals FDI companies in India saw moderated sales growth at 8.7% in FY25, while profit after tax surged 22.2%, driven by strong services sector performance and improved financial stability.
The Government of India has notified the Indian Economic Service Rules 2026, replacing the 2008 rules. Check key changes in recruitment, promotion, eligibility and cadre structure.
PIB Fact Check exposes fake 'Quantum AI' investment scheme falsely linked to Finance Minister Nirmala Sitharaman. Learn how to identify and report such scams.
The RBI has issued new guidelines under its Payments Vision 2025 to accelerate cross-border inward payments, mandating faster customer intimation, near real-time nostro reconciliation and same-day or next-day credit to beneficiaries
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