RBI

Federal Bank received RBI approval to re-appoint Mr. Harsh Dugar as Executive Director for 3 years from June 23, 2026. The re-appointment is subject to shareholder approval at the next General Meeting

Fino Payments Bank filed an addendum withdrawing MD & CEO Rishi Gupta's re-appointment from its ongoing postal ballot. Withdrawal follows Gupta's arrest in an economic offences investigation; he was s

BC Asia Investments XXV (Bain Capital) launches mandatory open offer for 26% of Manappuram Finance at INR 236 plus INR 12.29 interest per share. Maximum total consideration is INR 6,063.92 crore; tend

RBI will hold a second 3‑day Variable Rate Repo auction on March 30 2026 under the Liquidity Adjustment Facility today. The auction offers a notified amount of ₹50,000 crore with a three‑day tenor, wi

RBI conducted second 3‑day Variable Rate Repo auction on March 30 2026 with ₹50,000 crore notified amount. Total bids received matched the full notified amount, with ₹34,581 crore allotted at a cut‑of

RBI released the schedule for Monetary Policy Committee meetings, outlining six sessions in 2026‑27 to guide policy decisions. The meetings are set for early April, June, August, October, December 202

RBI imposed a monetary penalty of ₹3,10,000 on Pine Labs Ltd for KYC non-compliance in PPI issuance. The violation involved issuance of Full-KYC Prepaid Payment Instruments without completing KYC veri

RBI imposed a monetary penalty of ₹58,50,000 on Bank of India on 27 March 2026. Penalty relates to ad-hoc service/inspection/processing charges in PSL accounts and interest payment shortfall on mature

RBI imposed a penalty of ₹63.60 lakh on Central Bank of India for KYC and BSBDA non-compliance. Penalty invoked under Section 47A(1)(c) read with Sections 46(4)(i) and 51(1) of the Banking Regulation

RBI imposed a penalty of ₹95,40,000 on Union Bank of India on 27 March 2026. Violations include non-compliance on unauthorised electronic banking transactions and IRACP norms. Bank states impact on fi

LKP Finance Ltd. issued a Postal Ballot Notice dated March 26, 2026 seeking member approval via e-voting for MOA alteration. The RBI confirmed cancellation of LKP Finance's NBFC Certificate of Registr

PNB removes M/s P S D & Associates from its Statutory Central Auditors team effective 25 March 2026 per RBI directive. Removal is pursuant to RBI letter Ref: DOS.ARG.No.59687/08:10:003/2025-26 dated 2

RBI approved Avenir Investment RSC Ltd's proposed acquisition of controlling stake in Sammaan Capital Limited on March 24, 2026. Investor to infuse ~₹8,850 crore via preferential issue, acquiring ~41.