SBI has tagged Reliance Communications' account as fraud and named Anil Ambani to the RBI, citing irregularities in loan ...

In a major setback for Reliance Group chairman Anil D. Ambani, the State Bank of India (SBI) has decided to go after him by ...

As fintechs eat into payment systems, banks in Jammu and Kashmir are losing not just market share but also relevance. With ...

With the RBI easing regulatory norms, this move is to expand portfolios for microfinance firms and reduce risks, The Economic ...

Mumbai: Public sector banks (PSBs) are in talks with the Finance Ministry to review the rule of maintaining a minimum balance in savings accounts. According to a report by Times of India, this ...

Over the years, public sector banks (PSBs) appear to show little or no real interest in recovering bad loans that have been ...

Starting January 1, 2026, the Reserve Bank of India (RBI) prohibits prepayment penalties on individual non-business floating ...

The Reserve Bank of India (RBI) has issued the Prepayment Charges on Loans Directions, 2025 on July 2, 2025. These will come into effect for all loans sanctioned or renewed on or after January 1, 2026 ...

The soundness and resilience of India’s scheduled commercial banks are bolstered by robust capital buffers, multi-decadal low ...

India's digital payment system has made big progress, and it's great news for NRIs. Now, because of new rules from the RBI, ...