RBI Draft Loan Recovery Rules 2026 introduce borrower-friendly reforms including fixed contact hours, ban on harassment, and stricter grievance mechanisms to ensure transparent and ethical loan recovery. RBI Draft Loan Recovery Rules 2026: Major Changes Explained The Reserve Bank of India (RBI) has issued a draft of its Loan Recovery Rules 2026, aimed at reforming…
Payments Regulatory Board: RBI held its first meeting on January 5, 2026, reviewing Payments Vision 2028 and shaping India’s digital and traditional payment systems. RBI Holds First Meeting of Payments Regulatory Board Introduction to the Historic Meeting The Reserve Bank of India (RBI) conducted the first meeting of the newly established Payments Regulatory Board (PRB)…
RBI deposit insurance framework overhaul introduces a risk-based premium system, strengthening banking sector stability and depositor protection. Know key details for exams. RBI Board Sanctions Overhaul of Deposit Insurance Framework The Reserve Bank of India (RBI) Board recently approved a comprehensive overhaul of the country’s deposit insurance framework. The new framework introduces a risk-based premium…
RBI eases reorganisation norms for bank groups in 2025, allowing overlapping lending operations, strengthening compliance, and reducing operational disruptions in India’s banking sector. RBI Eases Reorganisation Norms for Bank Groups, Reducing Operational Disruption Introduction to RBI’s New Guidelines The Reserve Bank of India (RBI) recently issued its final guidelines on financial services activities of commercial…
Digital Credit Assessment for MSMEs launched by the government enables faster, transparent, and data-driven loan approvals, enhancing financial inclusion and supporting small businesses. Government Introduces Credit Assessment Model to Strengthen Digital Loan Evaluation for MSMEs Overview of the New Credit Assessment Model The Government of India has recently unveiled a new Digital Credit Assessment Model…
Digital banking reforms in India gain momentum as Amit Shah launches Sahakar Digi Pay and Sahakar Digi Loan apps for urban cooperative banks, promoting financial inclusion and digital payments. Amit Shah launches digital apps for urban co‑op banks Modernising cooperative banking for enhanced reach On 10 November 2025, Amit Shah, Union Cooperation Minister, inaugurated two digital applications —…
Indian Banking Reforms Update: The government and RBI are implementing major banking sector reforms to strengthen public sector banks, enhance lending capacity, support infrastructure growth, and boost financial inclusion. Bold Banking Reform Agenda to Reshape India’s Banking Sector The government of India is stepping into a new phase of banking sector reform, as Nirmala Sitharaman…
PSU Banks Quarterly Profit Report: Public sector banks in India recorded a combined profit of ₹49,456 crore in Q2 FY26. Learn about SBI’s contribution, IOB’s high growth, sector trends and key banking current affairs for competitive exam preparation. PSU Banks Clock ₹49,456 Crore Profit in Q2 FY26 India’s public sector banks (PSBs) delivered another strong…
SBI-STAR Awards launched to recognise SBI employee talents in arts, sports, culture and social work. Learn selection process, significance and key highlights for competitive exam preparation. SBI Launches ‘SBI-STAR’ Awards to Honour Employee Talents The State Bank of India (SBI) has announced the launch of a new recognition scheme titled “SBI-STAR” (Staff Talent Acknowledgement &…
New Banking Nomination Rules 2025 allow up to four nominees for bank accounts, lockers, and safe custody items from November 1. Learn about types of nominations, claim settlement, and legal benefits. 🏦 New Banking Nomination Rules Effective from November 1, 2025 Introduction Starting November 1, 2025, India will implement significant changes to its banking nomination…
