Government Bars ‘Mythos Testing’ in Banks to Strengthen Governance
The Government of India has prohibited the use of so-called “mythos testing” practices in banks, reinforcing its commitment to ethical
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Financial Sector
RBI Exempts Small Non-Deposit NBFCs from Registration Requirement from July 2026
The Reserve Bank of India (RBI) has announced that small non-deposit taking non-banking financial companies (NBFCs) will be exempted from
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India Needs Larger Banks to Support $30 Trillion Economy Vision
India must build larger and stronger banks through consolidation to support its ambition of becoming a $30 trillion economy, according
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Foreign Banks Eye India as UAE Market Sees Strategic Exits
The recent trend of foreign banks scaling down or exiting operations in the UAE is prompting discussions on whether India
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IDFC First Bank Fraud Allegation Seen as Operational Risk Event
Allegations of fraud involving IDFC First Bank have drawn market attention, though brokerage assessments suggest the financial and operational impact
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Industry News for February 2026
New FEMA trade norms to take effect from October 1, 2026 The Reserve Bank of India (RBI) has notified the
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BANKING News December 2025
SBI in talks with regulators, government to simplify KYC process The State Bank of India (SBI) is working with regulators
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Editorial Banking July 2025
As India marches ahead on its path to becoming a $5 trillion economy, financial stability has emerged as the silent
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RBI Establishes Panel for Ethical AI Use in Financial Sector
The Reserve Bank of India has set up a panel named Framework for Responsible and Ethical Enablement of Artificial Intelligence
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Central Bank of India Celebrates 114th Foundation Day
The Central Bank of India commemorated its 114th Foundation Day on December 21, 2024, with celebrations nationwide. Special ceremonies were
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