Community & General News


DFS Pushes for Tech-Driven Insurance Growth and Broader Coverage Across India

 05 May 2026 at 09:23

DFS Secretary M. Nagaraju reviews strategy documents of LIC, GIC Re and Oriental Insurance, stressing insurance inclusion, digital expansion, and improved efficiency.

Posted in Community & General |   219 Views


RBI Gets New Deputy Governor: Rohit Jain Appointed by Centre

 04 May 2026 at 09:20

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

Posted in Community & General |   150 Views


New FDI Rules: Key Changes Under FEMA 2026

 04 May 2026 at 09:20

India notifies FEMA (Non-Debt Instruments) Amendment Rules, 2026, tightening FDI norms, beneficial ownership checks, and approval requirements for border-sharing countries.

Posted in Community & General |   4368 Views


RBI Issues Final Directions on Forex Derivatives Reporting for AD Category-I Banks

 28 April 2026 at 09:05

RBI finalizes reporting norms for Authorised Dealer Category-I banks, mandating disclosure of global INR forex derivative transactions to CCIL to boost transparency.

Posted in Community & General |   711 Views


RBI Cancels Paytm Payments Bank Licence Under Banking Regulation Act

 27 April 2026 at 09:14

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.

Posted in Community & General |   2367 Views


FM Sitharaman Flags 'Mythos' AI Threat, Urges Banks to Strengthen Cyber Defences

 25 April 2026 at 09:21

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.

Posted in Community & General |   1212 Views


FM Sitharaman Calls for Human Interface in Banking Despite Digital Push

 25 April 2026 at 09:13

Finance Minister Nirmala Sitharaman stresses the need for a "human interface" in banking services, balancing digitisation with customer support, MSME funding and cybersecurity preparedness.

Posted in Community & General |   237 Views


RBI Data Shows Moderation in Sales Growth of FDI Companies in India During FY25

 24 April 2026 at 09:01

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.

Posted in Community & General |   162 Views


Finance Ministry Issues New Indian Economic Service Rules 2026

 20 April 2026 at 09:30

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.

Posted in Community & General |   3357 Views


SCAM ALERT: Fake 'Quantum AI' Investment Scheme Misuses FM Sitharaman's Name

 14 April 2026 at 10:06

PIB Fact Check exposes fake 'Quantum AI' investment scheme falsely linked to Finance Minister Nirmala Sitharaman. Learn how to identify and report such scams.

Posted in Community & General |   396 Views



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