RBI introduced prudential norms limiting dividend payouts by payment banks to a maximum of 75% of profit. The framework links dividend eligibility to capital adequacy, asset quality, and supervisory ...

The central bank said the regulations were finalised after examining feedback received from stakeholders on the draft ...

The draft directions require compulsory registration once assets cross ₹1,000 crore. Regulatory intensity now rises with systemic ...

Effective 1 July 2026, the rules aim to protect customers as digital transactions rise. Compensation will be allowed if the ...

For Shriram Finance, MD & CEO Umesh Revankar has served for 14 years on the company's board, and his current tenure comes to an end in October 2029. For Bajaj Finance, Rajeev Jain has served for 11 ...

The framework comes at a time when India’s digital-payment ecosystem is rapidly expanding. Platforms built on the Unified ...

As digital payments continue to grow rapidly in India, incidents of online financial fraud are also increasing. To strengthen consumer protection and build greater trust in digital transactions, the ...

For years, I have been writing about how the personal finance system is designed to extract money from ordinary savers rather than serve them. Just a .

The Reserve Bank of India has accorded its approval to SBI Mutual Fund (‘applicant’) to acquire aggregate holding of up to 9.99% of the paid-up share capital or voting rights in Bandhan Bank Limited.

India’s central bank is scaling up its digital rupee pilots with new features like programmability and offline payments, aiming for broader financial inclusion. The Reserve Bank of India (RBI) is set ...

The Reserve Bank of India has given the green light for SBI Mutual Fund to acquire a significant stake in Bandhan Bank. The ...