The Reserve Bank of India (RBI) has released a new master circular, introducing significant relaxations in approvals for ...

RBI issues draft circular proposing harmonised eligibility norms for urban co-operative banks (UCBs), replacing FSWM rules.

New ECBA framework to replace FSWM norms; banks must meet capital, profit, and compliance standards for authorisation ...

RBI plans to replace FSWM norms for UCBs with ECBA, including CRAR, NPA, profit, and director criteria. Comments invited.

Reserve Bank of India has come up with Investment in Alternative Investment Funds (AIF) Directions, 2025 today. It noted that these Directions shall come into force from January 1, 2026, or from any ...

Under the new directions, no single RE can invest more than 10% of an AIF scheme’s total corpus. All regulated entities ...

Barclays reported attributable profits of £1.7bn in the second quarter, up by a third over the same period a year ago, as it announced a further £1bn share buyback. This brings the UK-headquartered ...

Large Canadian co-ops Desjardins and The Co-operators were named among the Best 50 Corporate Citizens.

As per RBI rules, savings and current accounts inactive for 10 years, and term deposits unclaimed for 10 years after maturity ...

Capital India Finance Limited, a prominent middle layer non-banking financial company (NBFC), today announced the successful issuance of senior, secured, rated, listed, redeemable, taxable ...

Nxtra, a subsidiary of Bharti Airtel Limited, and AMPIN Energy Transition signed a 125.65MW (Megawatt) power-wheeling agreement, boosting their partnership.