Tag:RBI

News

RBI Might Revoke Paytm Payments Bank License; Administrator Likely to be Appointed

With less than two weeks remaining for Paytm Payments Bank Limited (PPBL) to halt its operations, the Reserve Bank of India (RBI) is contemplating...
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News

Paytm Payments Bank Fined Rs 5.49 Cr for PMLA Violations; RBI Orders Halt on Transactions

The Financial Intelligence Unit-India (FIU-IND) has levied a penalty of Rs 5.49 crore on Paytm Payments Bank Ltd (PPBL) for breaching its obligations under...
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News

RBI Issues New Directions for Simplified Supervisory Returns

In a move aimed at streamlining reporting procedures and reducing compliance burdens, the Reserve Bank of India (RBI) has issued new directions for the...
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Appointment

Axis Bank to Appoint Munish Sharda as Executive Director

Axis Bank has received official approval from the Reserve Bank of India (RBI) to appoint Munish Sharda as the Executive Director of the company,...
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News

Finance Minister Nirmala Sitharaman Meets Start-up and Fintech Ecosystem Representatives

In a recently held meeting in New Delhi, Union Minister for Finance and Corporate Affairs Nirmala Sitharaman recently convened with a myriad of stakeholders...
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Banking

RBI Governor Warns Banks Against Complacency: Vigilance Urged

In a recent meeting with MDs and CEOs of both public sector banks and select private lenders, Reserve Bank of India (RBI) Governor Shaktikanta...
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News

RBI Governor Asserts No Room for Review, Stands Firm on Paytm Payments Bank Decision

In a recent statement, Reserve Bank of India (RBI) Governor Shaktikanta Das emphasized the central bank's unwavering stance regarding its decision against Paytm Payments...
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News

RBI Mandates Enhanced Transparency in Lending Practices

In a bid to empower borrowers with comprehensive information and enhance transparency in lending practices, the Reserve Bank of India (RBI) has announced significant...
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Appointment

Star Hospitals Appoints Rajendra Kshirsagar as Chief Information Officer

Star Hospitals, Hyderabad, has appointed Rajendra Kshirsagar as its Chief Information Officer (CIO), a role he assumed in August...
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Appointment

Alkem Laboratories Appoints Bipin Lokegaonkar as Chief Information Security Officer

Alkem Laboratories has appointed Bipin Lokegaonkar as its Chief Information Security Officer (CISO), effective November 2, 2026. He joins...
Appoitment

Sughosh Nagendra Joins Karnataka Bank as Chief Technology Officer

Karnataka Bank has appointed Sughosh Nagendra as its Chief Technology Officer (CTO), effective October 30, 2026. With nearly three...