RBI issues comprehensive 2025 guidelines for commercial banks, standardizing credit product design and delivery. The Directions ensure financial stability and depositor ...

RBI released updated KYC Directions for commercial banks to enhance anti-money laundering and counter-terrorist financing compliance. The norms take effect upon publication and outline statutory ...

Tokyo-based Sumitomo Mitsui Banking Corp. (SMBC) has agreed to buy a 20% stake in India’s Yes Bank for 135 billion rupees ($1.6 billion) as the Japanese lender deepens its presence in the world’s most ...

MUMBAI, July 15 (Reuters) - Top lender State Bank of India will likely be alone among major Indian banks to post a fall in profit for the June quarter, on slower credit growth and higher provisions, ...

Why can’t India foster large banks to compete in the global league? This debate has been stirred once again, with the Finance Minister Nirmala Sitharaman raising it in a banking conclave last week. An ...

March 17 (Reuters) - India's central bank-regulated entities can leverage artificial intelligence internal controls to address consumer complaints on mis-selling and aggressive practices, central bank ...

RBI, the central bank of India, is the apex monetary institution that supervises, regulates, controls, and develops the monetary and financial system of India. The Reserve Bank was established in ...

With climate change posing increasing risks to financial stability, Indian banks remain largely unprepared to fully integrate climate-related risks into their operations, said a report by Climate Risk ...